Sunac China shares dropped as much as 30% on Friday after a liquidation petition was filed against the indebted developer, ...

Defaulted property developer Sunac China Holdings Ltd. said it can’t rule out a second offshore debt restructuring as a ...

Shares in Chinese developer Sunac plummeted on Friday after the company revealed it was the subject of a petition in Hong ...

(Reuters) - China's Shimao Group said on Friday CPYM Link Investment Limited had filed a liquidation petition against the ...

A liquidation petition was filed against indebted developer Sunac China Holdings in Hong Kong amid its efforts to restructure ...

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Sunac China shares and bonds plunged on Friday (Jan 10) after a liquidation petition was filed against the property developer ...

Canadian oil refiner Imperial Oil said on Friday senior executive Sherri Evers will join major shareholder Exxon Mobil , ...

The major U.S. index futures are currently pointing to a sharply lower open on Friday, with stocks likely to come under pressure ...

(Reuters) - Chinese property developer Redsun Properties said on Friday it would not be able to pay its $350 million bond maturing on January 13, which includes the principal and the accrued interest.

The dollar held steady in Asian trade and looked set to extend its longest weekly winning streak in over a year.

The bond was issued in January 2021 with a coupon rate of 7.3%. A prolonged property market slump in China over the last three years has been weighing on developers' ability to repay debt. Chinese ...