Fosun sells 11 billion but stays with BCP – Empresas

Fosun, a Chinese giant that owns stakes in BCP, Fidelidade, REN and Luz Saúde, plans to sell assets worth a total of 11 billion euros. Portugal, however, is left out of the geographies in which it will make sales: “We have no plans to sell these assets in Portugal”, guarantees an official source of the […]

Asia’s debt states are becoming more and more dependent

Xi Jinping (rechts), Thongloun Sisoulith (links) The two heads of state opened the express train route together in 2021 – but so far there have been hardly any passengers. (Photo: imago images/Kyodo News) Bangkok It was about airports and motorways, ports and railway lines. Many already heavily indebted countries have fulfilled their expensive dreams with […]

Crisis group warns again of liquidity bottlenecks

Shenzen The Chinese real estate group Evergrande has stoked new fears among investors with further warnings of financial bottlenecks. The company’s shares, whose strands reach as far as Germany, plummeted by more than ten percent on the Hong Kong stock exchange on Tuesday. Trading in bonds was halted after massive price fluctuations. The two restructuring […]

The Afghan economy is collapsing. The country is in danger of a financial disaster

“Economic performance is likely to decline sharply this year,” said Anwita Basu of Fitch Solutions, comparing Afghanistan to Syria and Burma, countries that are also facing a difficult political situation and whose gross domestic product has fallen by 10 to 20 percent. . Basu is convinced that the recently declared Middle East emirate has comparable […]