The Morning Financial Newsletter That's Ruffling Feathers.
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9/24/2021 World shares retreat, Japan higher
World markets were mostly lower Friday though Japan’s benchmark jumped as it caught up after a holiday. Shares fell in Paris, London, Shanghai and Hong Kong but climbed 2.1% in Tokyo. U.S. futures also declined. Worries over troubled Chinese real estate developer Ever...
9/23/2021 Fears of contagion from Chinese builder's debt problems ease
Fears that a Chinese real estate developer’s possible default on multibillion-dollar debts might send shockwaves through global financial markets appear to be easing as creditors wait to see how much they might recover
9/22/2021 Chinese builder in debt jam says it will make bond payment
A Chinese real estate developer whose struggle to avoid defaulting on billions of dollars of debt has rattled global markets says it will pay interest due Thursday to bondholders in China but gave no sign of plans to pay on a separate bond abroad. The Chinese government, meanwhile, ad...