BEIJING (Reuters) – China’s Peking University Founder Group [PEKIN.UL] was unable to repay an overdue onshore China bond due on Friday, two sources with direct knowledge of the matter said, as the company has entered debt restructuring. The repayment date for the 2 billion yuan ($284.54 million) worth of short-term commercial paper, which was originally […]
By Stanley White TOKYO (Reuters) – Analysts are scaling back their bullish forecasts for gains in Japanese shares, as the spreading coronavirus outbreak has raised recession risks and cast a pall over the outlook for corporate earnings, a Reuters poll showed. The median estimate of 27 analysts and fund managers polled Feb. 13-25 put the […]
LONDON (Reuters) – Wall Street is abuzz about stock market bubbles as surges in the share prices of some loss-making firms, red-hot public markets and amateur investors chasing stocks at frothy valuations spark fears of a pullback.FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, […]
