FILE PHOTO: The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. REUTERS/Tyrone SiuHONG KONG (Reuters) – As China Evergrande Group looks set to miss its third round of bond payments in three weeks, markets are shifting their focus to other indebted property developers as […]

FILE PHOTO: A Southwest Airline Boeing 737 MAX 8 aircraft lands at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake(Reuters) – Southwest Airlines Co cancelled at least 30% of its scheduled flights on Sunday, a second straight day of heavy cancellations, data from flightaware.com flightaware.com/live/cancelled showed. Southwest declined to confirm the number […]

SHANGHAI (Reuters) – Offshore bondholders of beleaguered developer China Evergrande Group were on Monday bracing for news on more than $148 million in looming bond coupon payments after the company missed two coupon deadlines last month.FILE PHOTO: An exterior view of the headquarters of China Evergrande Group in Shenzhen, Guangdong province, China, September 29, 2021. […]

Millennials are first-generation digital natives, always connected and with constant access to information. Their spending often revolves around healthcare, wellness and leisure, with a strong focus on sustainability, as they have grown up in an era defined by climate change. This greater environmental awareness in turn drives the brands they want to be associated with. […]

The White House makes its vaccine pitch President Biden is headed to Chicago today, where he will make another push for companies to announce coronavirus vaccine mandates. He plans to meet with Scott Kirby of United Airlines and to visit a construction company considering a mandate, a White House official told DealBook. Throughout, the president […]

EL SALVADOR (REUTERS) – A growing number of El Salvadorans have experimented with bitcoin since the country became the first to adopt it as legal tender last month, with a couple of million dollars sent daily by migrants using the cryptocurrency. But only a fraction of the Central American nation’s businesses have taken a bitcoin […]

(Reuters) – The largest U.S. lenders are expected to report moderately higher third-quarter profits next week as pandemic-related accounting adjustments that had doubled their earnings earlier this year taper off and business starts to return to normal.FILE PHOTO: Customers use ATMs at a Citibank branch in the Jackson Heights neighborhood of New York City, U.S. […]

FILE PHOTO: The logo of China Evergrande is seen at outside China Evergrande Centre building in Hong Kong, China September 23, 2021. REUTERS/Tyrone Siu/File Photo(Reuters) – Holders of a dollar bond guaranteed by China Evergrande Group and one of its units are yet to receive repayment on maturity, Bloomberg News reported on Thursday, citing people […]

SINGAPORE – Landed property sales in good class bungalow (GCB) areas, the most exclusive segment of Singapore’s residential market, have again come under the spotlight, with the latest sale in the Caldecott Hill GCB area by Mr Lee Hsien Yang and his wife, Mrs Lee Suet Fern. These trophy assets tend to be in hot […]

SINGAPORE – Filing corporate taxes will be a quicker and simpler process this year, with the introduction of several new initiatives. More than 260,000 companies are expected to benefit from the initiatives, which include the syncing of financial year-end details and simplified tax treatment for qualifying telecommuting assets, said the Inland Revenue Authority of Singapore […]