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Struggling Chinese Real Estate Firm Evergrande Files For Bankruptcy — As Crisis For Sector Grows

Struggling Chinese Real Estate Firm Evergrande Files For Bankruptcy — As Crisis For Sector Grows

Share to FacebookShare to TwitterShare to LinkedinTopline Chinese real estate giant Evergrande Group filed for Chapter 15 bankruptcy protection in New York on Thursday—a blow following years of financial struggle that helped ignite China’s ongoing property crisis. Evergrande has experienced significant difficulties following the start of the Covid-19 pandemic and … [+] its effect on…

True Anomaly gets regulatory greenlight for first spacecraft reconnaissance mission

True Anomaly gets regulatory greenlight for first spacecraft reconnaissance mission

Defense-focused space technology startup True Anomaly has received key permits from regulators that will allow it to demonstrate imaging and rendezvous capabilities on-orbit for the first time. The two authorizations — from the National Oceanic and Atmospheric Administration (NOAA) and the Federal Communications Commission (FCC) — give the company the greenlight to perform non-Earth imaging…

Chinese banks should keep a ‘proper level’ of profit margins -central bank

Chinese banks should keep a ‘proper level’ of profit margins -central bank

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People’s Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo   3988 -0.38% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type:…