NEW YORK: Investors unnerved by the fallout from heavily indebted Chinese real estate company Evergrande were gauging the potential for a wider shakeout after a selloff hit stocks around the world.
For now, many U.S.-based investors believe there is little chance that the woes of Evergande, China’s second-largest property developer, could morph into a systemic crisis reminiscent of the 2008 collapse of Lehman Brothers.
Still, with valuations on U.S. equities stretched on a historical basis and an unwind of the Federal Reserve’s easy money policies looming, some worry that a sudden drop in risk appetite could leave global markets vulnerable to a broader selloff.
"We have a very cRead More »
Tuesday, 22 November 2016 JOHOR BAHRU: The state government believes United States (US) investors will consider various factors before making any decision to withdraw or reduce their investments in Johor. According to Johor Menteri Besar, Datuk Seri Mohamed Khaled Nordin, with Donald Trump as the new US president-elect, the state …Read More »