SoftBank Incurs $4 Billion Loss On Didi Spending
Finance
Asia Indexes Quiet Ahead Of Mega Earnings, U.S. Fed
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Didi Stock Price Falling As China Considers Punitive Action
"China may impose penalties against Didi, including a fine that could be larger than that for Alibaba earlier in the year. -
Quiet On Asia Indexes Asia On Covid, U.S. Fed Ahead
"MSCI's broadest index of Asia-Pacific shares slipped 0.6%, leaving it down 1.4% on the week so far.
The Latest
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China's mom-and-pop investors, builders and homebuyers caught in Evergrande debt crisis
At an eerily quiet construction site in eastern China's Suzhou, worker Li Hongjun says property developer Evergrande's debt crisis means he will soon run out of food. Christina Xie, who works in export in the bustling southern city of Shenzhen, fears Evergrande has swallowed her life savings. 
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China tells Evergrande to avoid dollar bond defaults,
Chinese regulators have asked China Evergrande Group to avoid a near-term default on its dollar bonds, Bloomberg Law reported on Thursday, the day the property developer is due to make a much-awaited interest payment on its offshore debt. 
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Second-Largest China Evergrande Shareholder To Offload Entire Stake
Chinese Estates Holdings said it plans to sell its stake in China Evergrande and exit the company completely. 
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China's Evergrande chairman seeks to reassure investors, shares surge
Indebted property giant China Evergrande will make it a top priority to help wealth investors redeem their products, its chairman said, as investors await a key deadline for a dollar-bond coupon payment on Thursday. 
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Ant Group's micro loan service Huabei begins to share data with China's central bank
China's Ant Group has begun to send its consumer credit data to a database run by China's central bank, a key move for both the company and regulators as Beijing tightens its grip over the financial technology sector. 
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Ethereum Nosedive: Ether (ETH) Could Drop To $1,500, Analyst Says
Cryptocurrency prices fell Tuesday in a major market selloff triggered by worries of a potentially disastrous debt default of China's Evergrande. 
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Bitcoin Attempts To Climb Back As Evergrande-Led Selloff Wanes
Bitcoin, other leading cryptocurrencies drop as China sends shudders down markets. 
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Column: Funds lose nerve on higher U.S. yields bet ahead of Fed
Funds are loading back up on U.S. Treasuries ahead of the Fed's Sept. 22 policy decision, suggesting they are not as confident as they were a few weeks ago that yields are headed higher. 
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Cryptocurrencies slide as market selloff deepens
Prices of cryptocurrencies plunged on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's troubles rippled over to wider markets. 
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Evergrande troubles punish China property as contagion concern spreads
Growing fears of a default by China Evergrande Group led investors worried about its potential impact on the wider economy to dump Chinese property stocks and seek refuge in safe-haven assets elsewhere on Monday. 
