Yen slumps to lowest since 1986, putting traders on alert

Masato Kanda, a bottom dollar minister, stated on Monday that Japan was always ready to take action against extreme market movements, but traders ignored the warning after the most recent treatment failed to stop the selling. Because it’s not being supported by any shift in levels, Tuckey said, “perhaps thatContinue Reading

Evergrande liquidation law firm probing PwC, others for potential claims, sources say

HONG KONG: Doctors appointed by the trustees of China Evergrande Group are investigating some of the house company’s service providers including its original accountant PricewaterhouseCoopers, to likely recoup losses for creditors, three sources said. Evergrande, after China’s largest property developer, was ordered to be liquidated by a Hong Kong judgeContinue Reading