|
|
|
01.04.26 - 04:00
|
Vanke posts record 88.56 billion yuan loss as China property market woes linger (SCMP)
|
|
|
China Vanke posted a record 88.56 billion yuan (US$12.83 billion) loss last year in the latest sign that mainland Chinese property developers continue to struggle under debt pressure and slowing residential sales as a full market recovery remains nowhere in sight following five years of decline.
The developer said its annual revenue amounted to 233.43 billion yuan, down 32 per cent year on year. The basic loss per share was 7.45 yuan, down 78.4 per cent.
The loss, which exceeded Vanke's 82......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
26.03.26 - 03:36
|
Euro, Chinese yuan to end US dollar dominance, top economist says (SCMP)
|
|
|
Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of legitimacy. Having written extensively on the global recession in the late 2000s, Rogoff has turned his focus to the US currency's increasingly unstable place at the top of the world's financial hierarchy. A former chief economist at the International Monetary Fund and a chess grandmaster, he published Our Dollar, Your Problem in May last year.
In this interview, Rogoff elaborates......
|
|
|
|
|
25.03.26 - 18:01
|
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham (ZeroHedge)
|
|
|
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham
Indian refiners have bought about 60 million barrels of Russian oil for delivery next month, which is set to ease some supply concerns as the Middle East war chokes flows.
Citing people familiar, Bloomberg reports that the cargoes were booked at premiums of $5 to $15 a barrel to Brent. The volume is similar to the amount of purchases for this month, but more than double than that for February, according to data intelligence firm Kpler.
The buying spree followed a US waiver that allowed India to take Russian oil that was already loaded onto vessels before March 5 to offset shortages caused by the effective closure of the Strait of Hormuz. The measure was subsequently expanded to include other countries and updated to allow purchases of crude already at sea before March 12.
India has bought ~60 million barrels of Russian oil in March, and already booked a similar amount for deliver...
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
