HONG KONG, March 20 (Reuters) – Embattled developer China Evergrande Group plans to publish an offshore debt restructuring term sheet on Wednesday, aiming to sign an agreement with creditors by month-end, it told a Hong Kong court. A representative of a key offshore bondholder group said after the court ...
NEW YORK/BOSTON – Hedge funds managers and other large investors believe it is far too soon to call an all-clear on turmoil in the global financial sector even after more than a week of financial lifelines, central bank assurances and a massive banking rescue deal. In the past two weeks, ...
LONDON — Some of the world’s leading makers of flu vaccines say they could make hundreds of millions of bird flu shots for humans within months if a new strain of avian influenza ever jumps across the species divide. One ...
SEOUL — North Korean leader Kim Jong Un has overseen drills simulating a nuclear counterattack against the US and South Korea in a warning to the allies who are scaling up their joint military exercises, state media KCNA said on ...
ASIAN economies are in a better position than their developed-world counterparts to absorb shocks from a banking crisis that has roiled global financial markets, according to analysts at Morgan Stanley. “We saw a number of factors which would keep Asia’s ...
QUITO — At least 14 people were killed in a strong earthquake that shook a coastal region of Ecuador and northern Peru on Saturday, causing structural damage to multiple homes, schools and medical centers. The quake, which the US Geological ...
SYDNEY — Australia “absolutely” did not promise to support the US in any military conflict over Taiwan in return for a deal to acquire US nuclear-powered attack submarines, Australia’s Defense Minister Richard Marles said on Sunday. Australia, the US and ...
ADVISORS to the World Health Organization (WHO) on Saturday urged China to release all information related to the origin of the COVID-19 pandemic after new findings were briefly shared on an international database used to track pathogens. New sequences of ...
XI JINPING walks a diplomatic tightrope as he heads to Moscow, seeking to present China as a global peacemaker while strengthening ties with his closest ally, President Vladimir Putin, who faces criminal charges over his Ukraine war. Leaving on Monday ...
NEW YORK — Former US President Donald Trump on Saturday said he expects to be arrested on Tuesday as New York prosecutors consider charges over a hush money payment to a porn star and called on his supporters to protest. ...