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deleverage

China’s July home prices fall at a slower pace as state support shows ‘some effect’

by Anas Siddiqui
China’s July home prices fall at a slower pace as state support shows ‘some effect’

Home prices across China suffered a 14th consecutive month of decline in July, a sign that authorities’ rescue package has done little to revive sentiment. Prices of new homes in …

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PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

by Anas Siddiqui
PwC defections continue as China Cinda Asset Management ditches auditor facing fines for alleged Evergrande malpractice

State-owned China Cinda Asset Management has become the latest major company to terminate its contract with PwC, after at least five big firms recently cut ties with the auditor amid …

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Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

by Horatio Thompson
Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage …

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