You Searched For "evergrande correction" and got 20 results
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1 min read
Evergrande's deal to sell a majority stake in its property services unit to smaller rival has been put on hold, report says
Evergrande was in talks to sell 51% of its property services unit to Hopson Development Holdings fo…
Isabelle Lee
2 mins read
China says Evergrande risks are 'controllable' in first comments since debt crisis
Chinese officials, including state-controlled media, have kept silent throughout the Evergrande's f…
Isabelle Lee
2 mins read
US stock slip as traders closely watch Evergrande drama and debt ceiling talks
"Investors should brace for more stock market volatility," Jay Pestrichelli of Zega Financial said,…
Isabelle Lee
1 min read
Beijing flinches from Evergrande bailout, nudges government-owned firms to snap up assets, report says
Vanke, China Jinmao Holdings, and China Resources Land are among those that have been asked to purc…
Isabelle Lee
2 mins read
China's central bank says it will protect consumers as another payment deadline looms for Evergrande
The central bank did not explicitly mention Evergrande, though it was seen as among the most pointe…
Isabelle Lee
1 min read
Markets could drop as much as 20% if risk-taking investors pull back, says Bank of England
The Bank of England's Financial Policy Committee flagged increased risk-taking and easy credit as p…
Ethan Wu
2 mins read
US stocks trade mixed as investors struggle to shake off Evergrande fears
Bitcoin and major altcoins, as well as crypto-linked stocks, all tumbled on news that China will pu…
Isabelle Lee
2 mins read
US stocks fall as investors digest news of Evergrande's missed payment deadline
The debt crunch of the beleaguered Chinese firm has roiled global markets in the past week and has …
Isabelle Lee
2 mins read
Legendary investor George Soros says China's real-estate crisis is a major threat to Xi Jinping's grip on power
"China is facing an economic crisis centered on the real estate market," hedge fund titan George So…
Harry Robertson
6 mins read
The collapse of Evergrande, one of China’s largest home developers, is “not a Lehman moment” but the fear may haunt steel and metal stocks in India
The correction in the Indian stock market on Monday was majorly led by metal stocks that fell on fe…
2 mins read
China's Evergrande debt woes could spill over to the US, the Fed says
"Stresses in China's real estate sector could strain the Chinese financial system, with possible sp…
Huileng Tan
2 mins read
China is injecting $188 billion into its economy as the Evergrande crisis comes to a head
The central bank action was a "convenient, if not coincident, cushion for Evergrande's looming debt…
Huileng Tan
2 mins read
A major Chinese property developer told staff to 'be frugal' amid a market slump so bad that major cities are slashing land auction prices to attract buyers
China Vanke told staff "to spend small money while doing big things" and to change their mindsets f…
Huileng Tan
1 min read
The sell-off sparked by the Evergrande crisis has shaken retail investors' buy-the-dip mentality, JPMorgan says
"The outflow happened on a down day and is thus inconsistent with the buy-the-dip behavior," JPMorg…
Matthew Fox
3 mins read
Global stocks and cryptocurrencies rally after the Fed provides clarity on tapering, while Evergrande fears subside for now
Stock markets were unfazed by the Federal Reserve saying it was likely to cut back its bond purchas…
Harry Robertson
2 mins read
Buy the dip forever: Retail traders plowed $1.9 billion into stocks during the Evergrande sell-off, in the 4th biggest net purchase of the pandemic
The buy-the-dip crowd sprang into action on Monday, the 4th biggest day of retail investor purchase…
Harry Robertson
2 mins read
10 things before the opening bell
Facebook tumbles amid whistleblower allegations, Evergrande sells $5 billion half-stake in property…
Phil Rosen
2 mins read
Top economist David Rosenberg warns against buying US stocks, calls out the Fed, and predicts an economic slowdown in a new interview. Here are the 10 best quotes.
The veteran strategist called out the Federal Reserve for shoring up asset prices, and trumpeted Ja…
Theron Mohamed
2 mins read
Global stocks slide after US equities suffer worst monthly drop since March 2020 on economic woes
Global stocks fell again after the S&P 500 slumped 4.8% in September, its biggest monthly fall sinc…
Harry Robertson
2 mins read
10 things before the opening bell
Stocks rally, traders bought the Evergrande dip, and Toast surges in IPO debut.