Unsafe as houses? Evergrande and China’s big ...

Amid record-tickling yields, the bond markets are now trying to make sense of what Scott Bessent, America’s Treasury secretary, has announced—a move that might put him on a collision course with the Federal Reserve. We ask why it is so easy for hackers to infiltrate America’s wat ...  Show more

After much hullabaloo America announced its “Operation Economic Outcast”, a new tranche of sanctions. It is thin gruel, and might in fact invite military reprisals from Iran. Call centres form a large part of the economy of the Philippines; surprisingly, AI is not stopping the in ...  Show more

Every once in a while a company grows so big and messy that governments fear what would happen to the broader economy if it were to fail. In China, Evergrande, a sprawling real estate developer, is that company.

Evergrande has the distinction of being the world’s most de ...

China's second largest property developer, Evergrande, is at risk of financial collapse, saddled with billions of dollars of debt. It's already defaulted on some bond repayments and has been forced to sell off assets; both Chinese and international investors are worried and Beiji ...  Show more

China’s property crisis has lurched into a perilous new phase — with significant implications for the world’s second-largest economy, according to Bloomberg News’ Alice Huang. The deepening distress hurts other industries and repels foreign investors, Huang says. In this episode ...  Show more

One of the country’s biggest property companies, Evergrande, has been crippled by its debt. What does a new court order mean for prospective homebuyers, and the firm’s creditors? Is there a way for Joe Biden to be replaced by the Democrats’ presidential candidate (09:45)? And the ...  Show more