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'

Extreme poverty drives some Afghans to sell their organs | Money Talks

Extreme poverty drives some Afghans to sell their organs | Money Talks

Protests in Lebanon erupt as falling currency pushes fuel prices higher | Money Talks

Protests in Lebanon erupt as falling currency pushes fuel prices higher | Money Talks

US inflation surges to 7% in December, highest since 1982 | Money Talks

US inflation surges to 7% in December, highest since 1982 | Money Talks

Turkiye launched first domestically produced intelligence ship | Money Talks

Turkiye launched first domestically produced intelligence ship | Money Talks

Biz in 60: Eurozone trade balance, VC investment boom, JPMorgan Q4 earnings

Biz in 60: Eurozone trade balance, VC investment boom, JPMorgan Q4 earnings

Biz in 60: Turkish economy, Aramco Europe foothold, EthereumMax scam

Biz in 60: Turkish economy, Aramco Europe foothold, EthereumMax scam

US inflation hit 7% in December, fastest pace since 1982

US inflation hit 7% in December, fastest pace since 1982

World Bank predicts slow global economic recovery from pandemic

World Bank predicts slow global economic recovery from pandemic

Biz in 60: China inflation, Citigroup Mexico operations, Getir funding round

Biz in 60: China inflation, Citigroup Mexico operations, Getir funding round

China's flower market vendors go online to boost sales | Money Talks

China's flower market vendors go online to boost sales | Money Talks

US man recovering after getting genetically modified heart | Money Talks

US man recovering after getting genetically modified heart | Money Talks

Russia rules out concessions in talks with US on Ukraine | Money Talks

Russia rules out concessions in talks with US on Ukraine | Money Talks

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