On Tuesday, for a second day in a row, shares and bonds in China Evergrande, Beijing’s most indebted developer, plunged downwards following the suspension of sales of its two real estate projects by local authorities, which highlighted worries over its… Read More ›
In a statement Indonesian carrier Garuda Indonesia said, air cargo firm PT My Indo Airlines has filed a lawsuit against it over failure to repay a debt. The court proposal had no immediate impact to Garuda’s operations, the company said… Read More ›
China Development Bank Financial Leasing Co is the leasing arm of China Development Bank (CDB), HNA’s largest creditor. In a corporate filing, China Development Bank Financial Leasing Co, the aviation leasing arm of China Development Bank stated, it will finance… Read More ›
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