Evergrande crisis escalates after lender seizes head office

Evergrande’s Hong Kong headquarters was seized by a lender after the struggling Chinese language property developer defaulted on a mortgage and twice did not promote the constructing, in line with 4 folks with information of the matter. The lender, whose id has but to be confirmed, knowledgeable Evergrande earlier this week that it had appointed … Read more

US banking regulator warns of crisis risk from fintech proliferation

Representations of cryptocurrencies on this illustration taken January 24, 2022. REUTERS/Dado Ruvic/Illustration Be a part of now for FREE limitless entry to Reuters.com Register NEW YORK, Sept 7 (Reuters) – The rise of fintech companies and digital banking may spur monetary dangers and probably a long-term disaster, Michael Hsu, performing comptroller of the foreign money, … Read more

‘We’re living in a nightmare’: Jackson University students take online classes and walk off campus amid the city’s ongoing water crisis

Jackson had been with out dependable faucet water service since Monday, when torrential rains and extreme flooding helped trigger an already damaged water remedy plant to start failing. Round 150,000 residents are compelled to purchase water or depend on an inefficient system of bottled water assortment websites for consuming, cooking and brushing their tooth as … Read more