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Asian shares were mixed on Wednesday amid nervous trading due to worries over the newest coronavirus variant.
BEIJING: China’s financial institutions are once again boosting leverage to wager on everything from government bonds to corporate debt, triggering debates on whether the central bank is likely to intervene.
Asian shares were mixed on Tuesday after a late drop left major Wall Street indexes mostly lower.
SINGAPORE: One exchange-traded fund (ETF) shows how investors are increasing bets on a rebound in Chinese property junk bonds.
HONG KONG: China Evergrande Group is selling its entire stake in streaming services firm HengTen Network Group to raise US$273.5mil (RM1.14bil), as the cash-strapped developer boosts efforts to avoid a debilitating default on its debts.
HONG KONG: China Evergrande Group is selling its entire stake in streaming services firm HengTen Network Group for HK$2.13 billion ($273.5 million), as the cash-strapped developer boosts efforts to avoid a debilitating default on its debts.
KUALA LUMPUR: The ringgit opened slightly lower against the US dollar as the greenback gained momentum ahead of the United States (US) October’s Retail Sales data which is expected to rise to 0.7 per cent month-on-month, based on consensus estimates, said an analyst.