Angle: Slow Chinese real estate market recovery, shackled by local government cautiousness | Reuters

[Hong Kong 31st Archyde.com]–The outlook for the Chinese real estate industry does not improve at all. The central government has come up with a tactic, but industry insiders say funding remains difficult and many local governments are reluctant to deregulate. On March 31, the outlook for the Chinese real estate industry will not improve at … Read more

Russia buys back foreign currency-denominated bonds in rubles against “economic war” | Reuters

The Russian Ministry of Finance announced on the 29th that it will buy back the $ 2 billion Eurobond, which will be redeemed on April 4, in the ruble instead of the dollar. 1 day shooting (2022 Archyde.com / Dado Ruvic) [Archyde.com]-Russian Ministry of Finance announced on April 29 that it will buy back $ … Read more

Evergrande China to announce debt restructuring plan by the end of July | Reuters

China’s real estate developer, Evergrande Group, which has a large amount of debt and is in financial difficulty, announced on the 22nd that it will announce a debt restructuring plan by the end of July. Taken in September 2021 (2022 Archyde.com / Aly Song) [Beijing / Hong Kong, 22nd Archyde.com]–China’s real estate developer, Evergrande Group, … Read more

Information BOX: Russia limits to SWIFT alternatives Settlement costs inevitably rise | Reuters

[Archyde.com]–Western countries have excluded some Russian banks that invaded Ukraine from the SWIFT (International Interbank Communication Association), an international remittance and payment system, and if the war does not end, there are also strengthening of exclusion measures. I warn you to get it. Therefore, Russia is likely to move to seek alternatives. On March 7, … Read more

Moody’s downgraded to Russian bond “Ca”, rising default risk | Reuters

Moody’s downgraded Russia’s rating by two levels to “Ca” on the 6th. The central bank’s capital restrictions limit the payment of external debt, and it is highly likely that it will default. Taken in 2011 in New York. (2022 Archyde.com / Mike Segar) [London 6th Archyde.com]–Moody’s downgraded Russia’s rating by two levels to “Ca” on … Read more

Ukraine crisis, “serious impact” on world economy = IMF | Reuters

[Washington, 5th Archyde.com]–The International Monetary Fund (IMF) pointed out on the 5th that Russia’s invasion of Ukraine and the resulting sanctions on Russia will have a serious impact on the world economy. He also said he would consult the board next week for a $ 1.4 billion emergency loan requested by Ukraine. The International Monetary … Read more

Focus: SWIFT sanctions, devastating blow to Russian economy | Reuters

[London / New York, 27th Archyde.com]–The decision by Western countries to exclude “some” banks from Russia from the SWIFT (International Interbank Communications Association) on the 26th will have a serious impact on the country’s economy. It also causes great pain to Western companies and banks. It is also important that the West leaves room for … Read more

China Evergrande Transfers Two Additional Construction Projects to State-owned Enterprises | Reuters

The company registration document revealed that China’s real estate developer, Evergrande Group of China, had transferred at least two additional construction projects to state-owned enterprises. The photo is the headquarters building of Evergrande China. Taken last September (2022 Archyde.com / Aly Song) [Hong Kong, 25th Archyde.com]–China’s real estate development giant, Evergrande Group of China, has … Read more