The group owns more than $2 billion in offshore notes guaranteed by the real estate firm which faces $300bn in liabilities
Japan’s central bank signalled it could begin phasing out its huge stimulus programme but refused to reveal a timetable
China's regulator told some fund managers they need to launch at least four equity funds before they open any new bond fund, in hopes of propping up the stock market
Tumbling confidence sparked by the deepening property crisis and weakening consumption have seen a REITs index drop nearly 50% from an early 2022 peak
China's central bank is under pressure to cut rates at a time it faces falling prices, which may discourage private investment and spending; experts say structural reforms are needed
Regulators have ordered local government funding vehicles to stop issuing 364-day offshore bonds, which were undertaken via a loophole last year
News that police have detained the vice-chairman of China Evergrande New Energy Vehicle sent shares of the unit and its embattled parent company sliding again on Monday
Two of China's biggest state-owned banks and a leading joint-stock bank have stepped up reviews of smaller lenders, as debts from the intensifying property crisis hit the financial sector
The top six home sellers last year were all state-owned or state-backed developers, according to a private real estate survey
The deficit is lower than 2023's revised 3.8% target, but the option to issue off-budget debt of $140 billion provides flexibility to step up stimulus to maintain stable economic growth
The bulk of market analysts surveyed recently expect the People's Bank of China to boost liquidity and keep the one-year medium-term lending rate unchanged on Friday
Country Garden said the sale of its holding in mall operator Zhuhai Wanda Commercial Management to Wanda Group should bring $428 million, which will go to the rejig of its offshore debt