Posts in category

Liquidity crisis


THANE: Maharashtra Planning Authority CIDCO has obtained a general notice of compliance from the Airports Authority of India (AAI) regarding the heights allowed for buildings in the 2015 rehabilitation area, which it says will speed up the development of Navi Mumbai international airport. (NMIA) rehabilitation and resettlement area. The validity of the said notice expired …

Dec. 2 (Reuters) – China Aoyuan Group (3883.HK) said on Thursday that creditors had demanded repayment of $ 651.2 million due to a series of downgrades, and the property developer warned shareholders that he might not be able to pay due to crunching liquidity. Downgrades of rating agencies such as S&P, Fitch and Moody’s over …

Offshore bondholders from Chinese property developer Kaisa have rejected the struggling group’s offer to extend the maturity of their debt and avoid default next week, according to a letter to the chairman of the company seen by the Financial Times. The move could worsen the crisis at Kaisa, one of China’s most indebted developers, which …

November 27, 2021 JSOULS MADDISON was sure he had scored. As his free kick broke through the wall of Arsenal players, a goal seemed certain. Somehow, Arsenal goalkeeper Aaron Ramsdale got his hands on the ball and held it aside. “Best save I’ve seen in years,” said Peter Schmeichel, a former goalkeeper. Others noted a …

COP26 has passed. The public and private sectors, as well as the media around the world, are eagerly evaluating its achievements or lack thereof. The climate talks in Glasgow witnessed first-hand the passion of young people demanding that governments act with greater urgency, while their national representatives worked overtime to find common ground on the …

BEIJING, Nov.24 (Reuters) – Chengdu, in southwest China, has announced plans to ensure developers receive funds from pre-sold properties and new loans, as part of the first initiative of this type of a Chinese city to alleviate a liquidity crisis that shook confidence in the sector. Real estate companies face financial crisis due to regulatory …

COVID has left a deeply painful legacy of loss and grief – a legacy that continues to worsen with no clear end in sight. Part of that legacy is the unimaginable mental, physical and logistical hardships experienced by people who are removed – or threatened with removal – from their homes and rental accommodation. It …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 20: Figures that have been released by the Kuwaiti Ministry of Finance show a decline in state current account profits of about 91.5% at the end of fiscal year 2020-2021, or about 306,000 dinars, against 3.6 million dinars in 2019-2020, reports the daily Al-Qabas. This situation, according …

Concerns continue to creep in about the Chinese real estate market, with the Federal Reserve recently warning about it. The Fed said in its latest semi-annual report Financial Stability Report published on November 8 that tensions in the Chinese real estate sector could strain the Chinese financial system, with “possible spillover effects on the United …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 16: Money spent on the environmental fuel project surpassed the billion dinar mark at the end of last August, the Annahar daily reports citing reliable sources. The sources said that this money was spent on local contracts, which helped foster the market recovery. The sources indicated that …