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Europe’s Signa toppled in property rout

Barbara Terrio

VIENNA/FRANKFURT, Nov 29 (Reuters) – Property and retail giant Signa declared insolvency on Wednesday after last-ditch attempts to secure fresh ...

Exclusive: China authorities ask Ping An to take controlling stake in Country Garden, sources say

Barbara Terrio

Nov 8 (Reuters) – Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country ...

China Evergrande granted final reprieve as winding-up hearing adjourned

Barbara Terrio

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. REUTERS/Florence ...

Grace period for China’s Country Garden coupon payment expires

Barbara Terrio

[1/2]A worker looks on at a construction site of residential buildings by Chinese developer Country Garden, in Beijing, China August ...

China new home prices tick up in Sept, ending four-month decline – survey

Barbara Terrio

Apartment blocks are pictured in Beijing, China December 16, 2017. Picture taken December 16, 2017. REUTERS/Jason Lee/File Photo Acquire Licensing ...

China’s economy stabilises, factory activity returns to expansion

Barbara Terrio

An employee works on the production line at Jingjin filter press factory in Dezhou, Shandong province, China August 25, 2022. ...

Evergrande shares halted as concerns mount about developer’s prospects

Barbara Terrio

HONG KONG/BEIJING, Sept 28 (Reuters) – Trading in shares of China Evergrande Group (3333.HK) was suspended on Thursday after a ...

Evergrande chairman under police watch; liquidation risk mounts

Barbara Terrio

HONG KONG, Sept 27 (Reuters) – The chairman of China Evergrande Group (3333.HK) has been placed under police surveillance, Bloomberg ...

Evergrande’s debt revamp roadblock hits China property investors’ sentiment

Barbara Terrio

HONG KONG, Sept 25 (Reuters) – China Evergrande Group’s latest trouble in firming up a long-pending debt restructuring plan led ...

US housing starts hit three-year low; surge in permits point to underlying strength

Barbara Terrio

Single-family housing starts drop 4.3% in August Single-family building permits increase 2.0% Overall housing starts plunge 11.3%; permits up 6.9% ...