What's next for China Evergrande after a restructuring proposal?

HONG KONG: Tiongkok Evergrande Group will offer you asset packages that could include shares in its two overseas-listed companies as a sweetener with regard to restructuring offshore financial debt, the developer stated, as a stifling liquidity crisis in the residence sector continues. Evergrande’s restructuring proposal came on Friday (Jul 29)Continue Reading

Death toll from Philippine quake rises to 10

MANILA: The death toll from a major earthquake within the northern Philippines flower to 10 upon Friday (Jul 29) after another 4 bodies were present in the rubble, professionals said, as aftershocks continued to rock the mountainous region. Rescuers in the town of Luba in the most difficult hit provinceContinue Reading