2023-06-13 15:35:00 Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. Photo taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Archyde.com) – Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released … Read more
2023-05-14 23:26:00 slide show ( 2 images ) NEW YORK (Archyde.com) – Billionaire investor George Soros’ family office, Soros Fund Management, is set to sell electric-vehicle makers Tesla, Rivian Automotive and Walt Disney in the first quarter. While reducing its shareholding in , it added a new position in Netflix, a video distribution company, according … Read more
Foreign funds that hold corporate bonds of China Evergrande Group, a major property developer in China, have put together their own debt restructuring plans. It is asking the chairman of the company, Hsu Jiayin, to repay the debt with his own funds. FILE PHOTO: Shenzhen, China September 2021. REUTERS/Aly Song (Archyde.com) – Foreign funds holding … Read more
On the 29th, China Evergrande Group announced a tentative policy of presenting a restructuring proposal including a stock exchange of two affiliated companies for foreign currency debts that have not been paid. Pictured is China Evergrande headquarters building. FILE PHOTO: Shenzhen, China January 2022. REUTERS/David Kirton [香港 ２９日 ロイター] – China Evergrande Group, a major … Read more
US Treasury Secretary Janet Yellen emphasized on July 14 that China is Sri Lanka’s “significant creditor” and that any involvement in Sri Lanka’s debt restructuring would benefit both parties. Representative photo taken in Bali, Indonesia on the same day (2022 Archyde.com) [Nusadore (Indonesia) 14th Archyde.com]-US Treasury Secretary Janet Yellen emphasized on the 14th that China … Read more
[London, 6th Archyde.com]-China is the only major country / region to attract foreign investors in that it can expect a recovery in economic growth this year. But at the same time, there are also factors that discourage their willingness to invest. It is a concern that China will one day be excluded from the world’s … Read more
[London / New York, 27th Archyde.com]-Russia’s foreign currency-denominated government bonds have been identified as default, and bondholders are facing an unusual situation. The Russian government has funds and has indicated its intention to repay it, but the situation is that it cannot be implemented due to sanctions over the invasion of Ukraine. Bondholders are facing … Read more
China’s Evergrande Group will repay about $ 19 billion worth of foreign currency-denominated debt in installments in cash and “equity debt” to transfer to the shares of two affiliated companies listed on the Hong Kong market, according to people familiar with the matter. We are considering a business restructuring plan. The photo was taken in … Read more