Tag: Financial
-
Global financial crash: Evergrande to be removed from stock index as meltdown looms | City & Business | Finance
[ad_1] With the real estate company facing a debt of $305billion (£221billion), Evergrande is set to be removed from the Hang Seng China Enterprises Index. The index includes the top 50 eligible stocks by a measure of their value listed in mainland China and Hong Kong. Despite releasing its quarterly review, the index did not…
-
Global financial crash fears as investors STILL haven’t received Evergrande bonds | City & Business | Finance
[ad_1] Amid Evergrande’s uncertain future, a company under the umbrella organisation for the Evergrande Group failed to make payments on Saturday. Scenery Journey Ltd, failed to pay semi-annual coupon payments on Saturday. The payments amounted to $82.49million (£60million) on its November 2022 and November 2023 dollar bonds. According to two officials close to matters, it…
-
Pakistan, China seek financial help for Afghanistan | पाकिस्तान, चीन ने अफगानिस्तान के लिए मांगी आर्थिक मदद
[ad_1] डिजिटल डेस्क, नई दिल्ली। पाकिस्तान और चीन ने अंतर्राष्ट्रीय समुदाय से अफगानिस्तान के लोगों की पीड़ा को कम करने, अस्थिरता और लोगों के पलायन को रोकने के लिए तत्काल मानवीय और आर्थिक सहायता प्रदान करने का आह्वान किया है। जियो न्यूज के मुताबिक, यह बात मंगलवार को पाकिस्तान के प्रधानमंत्री इमरान खान और चीनी…
-
Universal Credit: Britons could be entitled to extra financial help via a hardship payment | Personal Finance | Finance
[ad_1] Additional help is available for people who are finding it difficult to pay for food and bills who are claiming Universal Credit, Jobseeker’s Allowance or Employment and Support Allowance. As a general rule of thumb if an individual’s first estimated payment is £344 and they request £344 as an advance, they’ll pay back £14.33…
-
Financial crisis warning: IMF downgrades Asia growth forecast | World | News
[ad_1] The International Monetary Fund’s (IMF) prediction for Asian economic output is significantly lower than the 7.6 percent growth predicted by its economists in April. The updated figure suggests the region will grow by 6.5 percent in 2021. But matters could get worse, with the Covid pandemic “still ravaging the region”. “Risks are tilted to the downside,…
-
China faces $4 trillion ‘ticking debt bomb’ amid financial crisis fear | World | News
[ad_1] China is facing a “dangerous debt bubble” amid the ongoing crisis at the Chinese property giant Evergrande, according to the Indian-based news channel WION. China is said to have racked up $4 trillion worth of debt with WION reporting that the true number may be much higher amid attempts by Xi Jinping‘s officials to hide…
-
Leaked records open a ‘Pandora’ box of financial secrets
[ad_1] FILE – Jordan’s King Abdullah II speaks during a media conference prior to a meeting with NATO Secretary General Jens Stoltenberg at NATO headquarters in Brussels, in this Wednesday, May 5, 2021, file photo. Hundreds of world leaders, powerful politicians, billionaires, celebrities, religious leaders and drug dealers have been stashing away their…
-
China facing financial crash with collapsing property market | City & Business | Finance
[ad_1] The world’s stock exchanges are getting nervous and fear a chain reaction across the globe. Financial analysts from Hong Kong said: “It could become China’s Lehman crisis.” The real estate giant Evergrande is in financial difficulties and warns the global public of “unprecedented problems”. A chain reaction could commence after the Evergrande real estate company has…