“The liquidation is a milestone for China’s biggest corporate defaulter with US$337 billion in liabilities,” said Esther Liu, credit analyst at S&P Global Ratings. “But much of this story is …
Neobank Dave will pay $71 million to FTX liquidators by acquiring a convertible promissory note from FTX Ventures, valued at $100 million. FTX Ventures, a venture capital subsidiary linked to …
Over $6.51 billion in Bitcoin and Ethereum options are due to expire on Nov. 24, potentially indicating heightened trading activity. A vast number of Bitcoin (BTC) and Ethereum (ETH) options …
China Evergrande: Hong Kong court adjourns winding-up hearing by 5 weeks, signals last reprieve for developer to sort out its debt A Hong Kong court has adjourned a winding-up hearing …
With chairman and founder Hui Ka-yan under “ arrest”, the future of China Evergrande – the nation’s biggest corporate debtor – is up in the air. Can the property developer …