China Evergrande Group delisted from Hong Kong stock exchange

[ad_1] Once China’s biggest real estate firm, Evergrande was worth more than $50 billion at its peak but defaulted in 2021 after struggling to repay creditors. Photo: STR / AFP/FileSource: AFP Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a …

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Asian markets rise on US rate cut hopes

[ad_1] Tokyo’s stock market was one of several in Asia ticking upward Monday morning. Photo: Kazuhiro NOGI / AFPSource: AFP Asian markets kicked off the week with a rally Monday morning, tracking gains made by Wall Street on Friday after the US central bank chief suggested coming interest rate cuts. …

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