Japan Buys Most Expensive Gas Shipment as Energy Crunch Bites
Japan is expected to be the world’s top LNG importer this year, as it has purchased the most expensive ever natural gas shipment. This move by japan is aimed at…
Chinese Property Developer Ronshine Misses Interest Payments On Two Bonds.
Chinese property developer Ronshine China Holdings Ltd (3301.HK) has not made interest payments on its June 2023 and December 2023 notes; totalling $27.9 million, in the latest blow to China’s…
Asia Shares Squeeze Higher, Take Brief Respite From Growth Fears
Asian shares eked out their best day in a week on Tuesday as positive economic data and hints of easing Sino-U.S. tensions. They offered some respite after recent sell-offs, though…
Emerging Asian Equities Post Biggest Foreign Outflows Since March 2020
Emerging Asian equities ex-China recorded massive outflows in June. This is as risk assets took a hit due to heightened concerns over a potential recession. Which with major central banks…
Chinese Property Developer Shimao Misses Repayment On $1 Billion Bond
Chinese property developer Shimao Group (0813.HK) has missed the interest and principal payment of a $1 billion offshore bond due on Sunday. This is in the latest blow to China’s…
Asia Shares Slip, Hard To Dodge Recession Risks
Asian shares slipped on Monday and Wall Street futures eked out slight gains amid worries the U.S. Federal Reserve would this week underline its commitment to fighting inflation with whatever…