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Tag: assets

EU names condition for unblocking Russia’s assets

Robert Patterson 2 years ago in Breaking News 0

The bloc’s top official says the money should be kept until Moscow “voluntarily” helps to rebuild Ukraine The frozen assets of Russia’s Central Bank may be held as “a guarantee” until Moscow agrees to participate in Ukraine’s economic recovery, European Union (EU) Commissioner for Justice Didier Reynders said on Saturday.  Western countries seized Russian assets as part of sweeping sanctions that were imposed on Moscow…

Hong Kong’s Stand News closes after national security police arrest 7, freeze its assets

Wilma Meyer 2 years ago in Breaking News 0

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Stand News, a Hong Kong online media outlet that was popular with opposition activists, has shut down after national security police arrested at least seven people including its current and former chief editors and four former board members. The arrests happened around 6am on December 29, 2021, according to police, who said the group face charges…

Chinese real estate giants Evergrande and Kaisa continue unloading assets to cover debt

Jennifer Tarbell 2 years ago in Breaking News 0

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube China’s troubled real estate giants Evergrande and Kaisa have continued selling assets to cover enormous debts the companies have each accrued. Evergrande is trying to avoid a collapse under more than US$300 billion worth of liabilities, while Kaisa Group has missed two bond coupon payments due on November 11 and 12, 2021. Support us: https://subscribe.scmp.com Follow…

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