Evergrande shares plunge more than 12 percent, fueling fears of default
Issued on:
Shares in the deeply-indebted Chinese property developer Evergrande fell again on Monday with crucial deadlines on interest payments approaching. Many worry a default could threaten the broader stability of China's financial system. Also, Lufthansa aims to raise €2.1 billion to help pay back a government bailout and Germany's leading candidates for chancellor face off over wages and tax policy in a televised debate.
Advertising
>> Evergrande's collapse would have 'profound consequences' for China's economy
Daily newsletterReceive essential international news every morning
Subscribe