Page 18 - Global Markets

China could be heading for power supply crisis after Evergrande shock

Almost half of China's regions missed Beijing's energy consumption targets and are now under pressure to curb power use.

Global trends to steer markets; stocks may face volatility: Analysts

The BSE Sensex made history on Friday by reaching the 60,000-mark for the first time ever.

Sensex sprints to 60,000: Latest 5,000-pt rally comes in record 28 sessions

In the past 18 months, a record number of first-time investors have entered the market

European stocks slip on Evergrande woes, weak German business morale

Retail stocks were the top decliners in Europe

Fears grow for China Evergrande after interest deadline passes

China Evergrande inched closer on Friday to the potential default that investors fear as an interest deadline expired without any announcement from the property giant

China's Evergrande Group bondholders in limbo over debt resolution

The company has run short of cash to fund its $305 billion in debts and markets are worried that a collapse could pose systemic risks to China's financial system and reverberate around the world

Fed meeting: Global markets can ride out tapering, say experts

The Fed is charting a steady course, Joyce Chang, JPMorgan Global Research Chair says in a television interview with Bloomberg

Sharp outperformance of Indian markets over EMs, world continues

Leads to surge in valuation premium; Experts caution investors

Sensex ends at record high, eyes 60,000: 3 factors behind the rally

The sentiment remained robust in the broader markets too as the BSE Midcap touched new high in intra-day session and ended 1.31 per cent higher

Asian shares gain but Evergrande jitters keep investors on edge

Evergrande's shares surged 23% on Thursday after a unit said on Wednesday, when the Hong Kong market was closed for a holiday, that it had "resolved" a coupon payment on an onshore bond.

China's Evergrande chairman seeks to reassure investors, shares surge

Hui Ka Yan said the company was striving to ensure quality delivery of properties and stressed the importance to resume construction on developments where building had been halted

China's debt-ridden Evergrande Group says it will make bond payment

The Chinese government, meanwhile, kept investors guessing about whether it might intervene.

China Evergrande unit will make onshore bond coupon payments on Sept 23

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

Stocks find some footing after Evergrande Group relief; Fed looms

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

Stocks and commodities rebound from China's Evergrande-led selloff

By Lawrence White

Sensex jumps 514 pts, ends above 59k; Nifty Realty up 4%, auto worst loser

Only 10 stocks from the Nifty basket closed in the red

Higher taxes are coming and for markets, that could be a good thing

Tax rises grabbed headlines recently when Britain upped taxes on workers and employers, potentially raising 12 billion pounds a year.

World's richest 500 lose $135 bn as Evergrande concerns spark market rout

Elon Musk led the declines as his world-leading net worth fell $7.2 billion to $198 billion; Jeff Bezos lost $5.6 billion.

World shares jolted by Evergrande crisis as debt payment test looms

Selling pressure persisted in early trade in Asia ahead of a major test for Evergrande this week, which is due to pay $83.5 million in interest relating to its March 2022 bond on Thursday

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown

The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout