Money Talks

Last-minute Evergrande bond payment lifts Asian markets | Money Talks

Asian markets have rallied on news that China Evergrande narrowly avoided defaulting on its debt thanks to a last-minute payment. State media says the property giant wired the 83-and-a-half million dollars in interest owed to creditors. It was due last month, but the company was given a 30-day grace period, which was set to expire this weekend. Evergrande shares surged more than 4 percent, helping Hong Kong's broader Hang Seng index rise 4-tenths of a percent. Japanese and South Korean indices are also in green. Investors got an added boost from Beijing, which hinted it may start easing its crackdown on the e-commerce industry. One of the main targets of China's year-long campaign has been tech conglomerate Alibaba. Owned by billionaire Jack Ma, the company runs payments giant Alipay. Its shares rose more than 6 percent, while rival Tencent, which owns the multi-purpose Chinese app We-Chat, climbed 2 percent. For more, we spoke to Victoria Scholar. She's the head of investment at Interactive Investor in London. #AsianMarkets #BondPayments #Debt #ChinaEvergrande

Picture This: Brussels Attacks Anniversary

Picture This: Brussels Attacks Anniversary

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

The Newsmakers: America's Anti-Terror Strategy and Australia Redefining Racism

Showcase: 'I Am Not Madame Bovary'

Showcase: 'I Am Not Madame Bovary'

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Biz in 60: Turkey’s new finance minister, South Korea inflation, Disney’s first woman chair

Wall Street indices fall after US reports first Omicron case

Wall Street indices fall after US reports first Omicron case

Biz in 60: Turkey forex intervention, Australia Q3 GDP, Cost of Living Index

Biz in 60: Turkey forex intervention, Australia Q3 GDP, Cost of Living Index

UConn's Paige Bueckers becomes first NCAA student-athlete to sign with Gatorade | Money Talks

UConn's Paige Bueckers becomes first NCAA student-athlete to sign with Gatorade | Money Talks

Former South African president's home becomes boutique hotel | Money Talks

Former South African president's home becomes boutique hotel | Money Talks

Demand for suburban co-working spaces surges amid pandemic | Money Talks

Demand for suburban co-working spaces surges amid pandemic | Money Talks

World Bank pushing to free up $500M for Afghanistan's healthcare sector | Money Talks

World Bank pushing to free up $500M for Afghanistan's healthcare sector | Money Talks

Turkey's Q3 GDP growth hits 7.4% over higher exports, domestic sales | Money Talks

Turkey's Q3 GDP growth hits 7.4% over higher exports, domestic sales | Money Talks

Biz in 60: India GDP, Eurozone inflation, EasyJet Earnings

Biz in 60: India GDP, Eurozone inflation, EasyJet Earnings

Collins Dictionary announces 'NFT' as word of the year | Money Talks

Collins Dictionary announces 'NFT' as word of the year | Money Talks

Inflation, shortages hit Americans hard this festive season | Money Talks

Inflation, shortages hit Americans hard this festive season | Money Talks

Cost of medicine in Lebanon spikes as government cuts subsidy | Money Talks

Cost of medicine in Lebanon spikes as government cuts subsidy | Money Talks

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