China Evergrande Group has appointed liquidators for its subsidiary, Tianji Holding
China Evergrande Group has appointed liquidators for its subsidiary, Tianji Holding. This comes after Hong Kong’s High Court issue a winding-up order Follows the ongoing suspension of the company’s share trading, highlighting its financial difficulties and possible consequences for stakeholders, including shareholders and creditors, who are urged to remain cautious. Trading in Evergrande shares remains […]
Raul Asencio ‘Affected’ By Death Chants: Real Madrid’s Carlo Ancelotti
Real Madrid coach Carlo Ancelotti said his defender Raul Asencio was “affected” by chants calling for him to die on Wednesday at Real Sociedad in the Copa del Rey. Los Blancos earned a 1-0 semi-final first leg win thanks to Endrick‘s goal but there was controversy as home fans chanted “Asencio die” and the match was briefly […]
Japan’s current ‘Mr. Yen’ doesn’t see disparity between yen rise & positive economic data
Japan’s vice finance minister for international affairs, Atsushi Mimura, sees the yen’s recent rise as aligned with economic fundamentals, dismissing any disparity. He highlighted strong GDP growth and 4% inflation in January, reinforcing expectations of further interest rate hikes. The background to this is: JPY has strengthened to 149 per dollar, rebounding from last year’s […]
Who Can India Face In Champions Trophy 2025 Semifinals? Group B Scenarios Explained
India have already booked their spot in the Champions Trophy 2025 semifinal but their opponent is still not clear as multiple scenarios remain possible in Group B. While South Africa and Australia are the top 2 in the group right now, a sensational win against England on Wednesday kept Afghanistan’s hope of reaching […]
ForexLive Asia-Pacific FX news wrap: A solid up day … if you’re the US dollar
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]
Rohit Sharma Skips Net Practice Ahead Of New Zealand Match. Report Provides Worrying Update
Indian cricket team captain Rohit Sharma© AFP Indian cricket team captain Rohit Sharma was the only frontline batter to not go into the nets during a practice session on Wednesday ahead of the Champions Trophy 2025 match against New Zealand, according to a report by Times Of India. Following the win over Pakistan, […]
Japan – Seven & i to give up management buyout after Itochu withdraws
Seven & i Holdings, the Japanese conglomerate known for its 7-Eleven convenience stores, has been at the center of significant acquisition discussions. In late 2024, Canada’s Alimentation Couche-Tard proposed a $47 billion takeover bid, which led the founding Ito family to consider a management buyout (MBO) to retain control. The Ito family sought support from […]
Cable heavy in Asia trade, not helped by 11. Strong USD and 2. Weak service sector outlook
The US dollar is firm pretty across the major FX board, with the uncertainty over tariffs widely cited as keeping riskier trades out of the spotlight. Cable is no exception, trading heavily during Asia time A report earlier isn’t helping. The Confederation of British Industry’s quarterly survey of services firms showed that profitability among business […]
“Cheap Mentality”: Shaheen Afridi Accused Of Deliberately Bowling Wides To Deny Virat Kohli Century
India and Pakistan players at the end of their Champions Trophy 2025 clash© AFP The India vs Pakistan, Champions Trophy 2025 clash was a dream game for star batter Virat Kohli. He was going through a lean patch with the bat, but rose to the occasion in style as India outplayed arch-rivals Pakistan […]
PBoC Dep Gov says issuance of special treasury bonds to help major state-owned banks
The People’s Bank of China (PBOC) Deputy Governor Lu Lei has indicated that the bank should actively facilitate fundraising, including the issuance of special treasury bonds, to help major state-owned banks replenish their Common Equity Tier 1 (CET1) capital. strengthening capital reserves would enhance banks’ ability to manage risks and support the real economy the […]
