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Evergrande stays silent on its $83 million dollar bond interest payment, leaving investors in limbo

September 24, 2021 by admin

Chinese property developer Evergrande has not said whether it will fulfil its interest payments to investors on its U.S.-dollar bond.

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Senior U.S. diplomat to Haiti resigns over deportations

September 24, 2021 by admin

Senior U.S. diplomat to Haiti resigns over deportations Daniel Foote, the U.S. special envoy to Haiti, resigned in a scathing letter after just two months on the job. He called …

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Hong Kong’s Hang Seng jumps 1%; Evergrande shares surge more than 12% after days of losses

September 23, 2021 by admin

Questions remain over whether embattled Chinese developer China Evergrande Group will pay the interest due on a dollar-denominated bond on Thursday.

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More than 1,000 migrants allowed into U.S. as crisis worsens

September 23, 2021 by admin

More than 1,000 migrants allowed into U.S. as crisis worsens More than 1,000 mostly Haitian migrants have been allowed to enter the U.S. as part of the legal asylum process, …

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Migrants flee to Mexico amid mass deportation effort in U.S.

September 22, 2021 by admin

Migrants flee to Mexico amid mass deportation effort in U.S. The Department of Homeland Security is investigating an incident where Border Patrol agents on horseback are seen intimidating Haitian migrants …

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The Fed will try to soothe markets Wednesday, while preparing investors for end to bond buying

September 21, 2021 by admin

After Monday’s market turbulence, the Fed’s challenge will be to sound reassuring while acknowledging it is getting ready to move away from its easy policy.

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Canada’s Trudeau re-elected PM but his Liberals don’t get majority

September 21, 2021 by admin

Toronto — Canadians gave Prime Minister Justin Trudeau’s Liberal Party a victory in Monday’s parliamentary elections, but his gamble to win a majority of seats failed. The Liberals were on …

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The global economy could feel the effects of China’s Evergrande crisis. Here’s what investors should know

September 21, 2021 by admin

Strategists do not now expect financial contagion from the crisis at a large Chinese property developer, but they do say there could be economic impact.

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French president to talk to Biden amid “grave crisis” over submarines

September 20, 2021 by admin

French President Emmanuel Macron will speak in the coming days with President Biden in their first contact since a major diplomatic crisis erupted between France and the United States over …

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Hong Kong’s Hang Seng index drops 4% as Evergrande shares plunge nearly 17%, other property stocks fall

September 20, 2021 by admin

Markets in mainland China, Japan and South Korea are closed on Monday for a holiday.

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