May 11, 2024
Property

China Credit Calm Will Be Tested by Maturities, Property Crisis

January 16, 2024, 7:00 AM UTC China’s calmest offshore credit market in years will be tested in coming months by maturities at major developers and ongoing weakness in the property market. A gauge of credit stress in the nation’s offshore bond market held at 1 in December, according to Bloomberg’s China Credit Tracker, matching November’s

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Mortgage

Hilton hotel in San Francisco defaults on its mortgage as 544-room facility where a nights stay cost $166 misses $97million loan payments in growing ‘doom loop’ for liberal city

By Claudia Aoraha, Senior Reporter For Dailymail.Com 17:40 14 Jan 2024, updated 17:46 14 Jan 2024 The Hilton Financial District reported $11.1 million in revenue in the third quarter of 2023, down from $12.3 million a year prior The city’s hospitality sector is faltering alongside the rise in crime , homelessness , and public drug

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