Oanda’s Jeffrey Halley says markets seem to be ‘pricing in Evergrande as a fully controllable outcome that won’t spill over China’s borders’
The JSE was firmer on Monday morning, with global markets mixed as investors digest Evergrande’s debt crisis and the pace of economic recovery in China.
The concern that the collapse of the Chinese property giant will spill over into the rest of the market eased a little towards the end of last week after an agreement was reached for payments to bondholders...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JSE to contend with muted Asian markets on Monday after volatile weekThe local bourse was closed on Friday, when global markets were mixed, as they digested risks from China and the future of US monetary policy
Read more »
‘New start’ in US-China relations as Huawei executive flies home'Hostage diplomacy' brings end to fracas that began with Meng Wanzhou's arrest in 2018
Read more »
Two Canadians freed by China arrive in CanadaThey arrived back in Calgary, western Canada on Saturday after nearly 1000 days in China and were shown on TV being greeted and hugged by Trudeau.
Read more »
China detains execs of conglomerate HNA amid wider crackdownChairperson and CEO detained a day after China sentenced former head of Kweichow Moutai to life in prison for taking bribes
Read more »
Canada foreign minister says eyes wide open when it comes to normalising China tiesCanada's “eyes are wide open” when it comes to normalising its relationship with China after three years of rocky ties, Foreign Minister Marc Garneau said on Sunday.
Read more »
NIXON TASAKANA | Africa must rise up against the US-China cold war on its soilCoups in Africa have more to do with who controls its minerals than its people’s wellbeing
Read more »