Angle: Unexpected hotel rattle in Qatar, where the World Cup heats up | Reuters

DOHA (Archyde.com) – Qatar is facing a huge oversupply of accommodation during the World Cup. Over the weekend, searches on the official portal found at least 42 hotels with vacancies, and Airbnb also showed hundreds of available listings. Qatar is facing a huge oversupply of accommodation during the World Cup soccer tournament on November 25. … Read more

Angle: Rent soars in the United States, hitting young workers with poor savings | Reuters

(Archyde.com) – Rising rents in the United States have hit young workers with little savings, many of whom are trying to protect themselves by starting side jobs or looking for roommates to cover their rent. Soaring rents in the U.S. are hitting young workers with little savings. Meeb Kozlaak (23, pictured), a doctoral student at … Read more

China Evergrande Group’s overseas creditors formulate their own debt restructuring plan = FT | Reuters

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

China Evergrande, tentative proposal for offshore bond restructuring Exchange with shares of Hong Kong listed subsidiary | Reuters

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

EXCLUSIVE-Evergrande China, considering combined installment payment and stock swap for foreign bond repayment = related sources | Reuters

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

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

China Evergrande Shares Rise Sharply, Chairman’s Willingness to Restructure Business | Reuters

 China Evergrande Group, a major Chinese real estate development company, is up sharply on the Hong Kong stock market on the 10th.While Chairman Xu Jiayin announced that he would fully resume housing construction in order to repay debt, he said he would not sell assets.The photograph is taken in Hong Kong last year 9 month … Read more