NSE Nifty settled the day in the red ahead of the FOMC outcome later today
In a Shenzhen exchange filing, Hengda Real Estate Group Co Ltd said the company would make a coupon payment on its Shenzhen-traded 5.8% September 2025 bond on time on Thursday
Singapore-traded FTSE China futures are about 2% below Friday's closing level. Safe-haven assets such as the yen and U.S. Treasuries rose slightly in morning trade.
The dollar index stood at 93.226 in early Asian trade, staying not far off Monday's one-month high of 93.455.
The news also helped the risk-sensitive Australian dollar, though anticipation that the Federal Reserve may move a step closer to tapering later on Wednesday kept a lid on gains and the mood
Citigroup too expects Beijing to help out Evergrande Group, the world's most indebted developer.
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Evergrande has borrowed about 572 billion yuan ($88.5 billion) from banks and other financial institutions including trusts, with nearly half due in less than a year, according to its latest financial
By Lawrence White
Smaller rival ether, the coin linked to the Ethereum blockchain, rose 1% to $3,012 after falling below $3,000 for the first time since early August.
Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers
The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.
In a more macro way, the firm's woes are bringing to the fore China's wide-scale regulatory crackdown across most of its businesses, starting with technology giant Alibaba
Spot gold fell 0.1% to $1,762.08 per ounce by 0340 GMT.
The overall trend for metal stocks seems to be precarious, and a further downside cannot be ruled out
(Reuters) - Cryptocurrency prices bounced off 1-1/2 month lows on Tuesday as a heavy selloff overnight linked to concerns about a possible loan default by property developer China Evergrande eased slightly, but investors braced for more volatility.
By Tom Westbrook and Anushka Trivedi
Asian markets were jittery in volumes thinned by public holidays in China, Taiwan and South Korea
At 24,099 points, Hong Kong's broader Hang Seng index closed at its lowest level since Oct '20