A Hong Kong court has ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden

A Hong Kong court has ordered China Evergrande, the world’s most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about China’s rising debt burden

China's leaders have launched a barrage of new policies to prop up languishing financial markets and rekindle growth in the world's second-largest economy

China has reported its economic growth showed more signs of rekindling in October as retail sales and factory output picked up even though the property sector remained sluggish

Japanese technology company SoftBank Group has reported it racked up a huge loss in the July-September quarter, as some of its investments soured

Chinese property developer Country Garden has warned it cannot meet deadlines to repay its debts

World shares are mixed after Wall Street simmered under pressure from rising bond yields

Shares of debt-laden property developer China Evergrande Group have soared after they resumed trading in Hong Kong following a suspension last week

Leading Chinese planners have voiced confidence in the outlook for the world's second-largest economy, holding key interest rates steady amid signs of improvement in some areas such as services