Chinese developer Evergrande's unit ordered to pay out $1.1 billion
Edited By WION Video Desk
Published: Aug 01, 2022, 05:58 IST | Updated: Aug 01, 2022, 05:58 IST
Struggling developer China Evergrande Group said that one of its subsidiaries, Evergrande Group (Nanchang) Co, Ltd, had been ordered to pay a guarantor 7.3 billion yuan ($1.08 billion) for failing to honour its debt obligations.
trending videos
)
Cyclosporiasis cases surge across United States
)
US-Iran war: 'US hit our nuclear plant' Iran makes explosive claim amid war
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
New UNESCO wonders worldwide, Mayan legends & a bike chef in Denmark
)
Jeanine John Taele arrested ahead of Trump's fundraiser event
)
92% of US adults don't go to a doctor as healthcare is too expensive
)
UK govt faces pressure over 'grooming gang' leader's release
)
Art meets nature in Australia
)
Trinity of cosmic events send ominous warning to the world
)
China's travel boom hits reality
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
Rashmika Mandanna injured while filming dance sequence
)
Paris state prosecutor opens inquiry into workplace bullying
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Russia-Ukraine war: Ukraine accuses Russia of war crime as drone chases civilian
)
Central Bank Policy Will Depend on Oil Price
)
Ancient microbes found under ice | 'Blood falls' turns red with rust, colour not caused by algae
)
Ghana considers harsher punishments for LGBTQ+ community
)
Pakistan's Deadliest Month of 2026 | Terror Attacks Surge Across Balochistan & Khyber Pakhtunkhwa
)
Ben Gvir's crocodile moat plan faces legal obstacle
)
'Blood Falls' turns red with rust, colour not caused by algae
)
Volcanic Eruptions Surge: From Ethiopia to Indonesia to Russia| is Colombia Prepared?
)
Chandipura virus: Gujarat reports 35 Chandipura virus cases
)
Hasina's upcoming address tests India-Bangladesh ties
)
Michigan: Record Floods Expose Vulnerabilities
)
Hungary PM-Elect Vows State Media Overhaul
)
How West Asia Conflict Affects India
)
Israel intercepts Gaza Sumud Flotilla vessels: What we know so far
)
Jammu & Kashmir pacer Auqib Nabi receives maiden India call-up
)
Iran War: Fear of American voters drives Trump to despair
)
China: Bitchat Taken Down Over Regulatory Orders | Still Available Outside China
)
Global Finance Leaders to Meet Amid War Shock
)
Jeanine John Taele detained ahead of Trump fundraiser
)
The White Paper identifies China as Japan's strategic challenge
)
India: Rameshbabu Vaishali Secures 2026 Women’s Candidates Victory
)
Solar eclipse, perseid meteor shower, six planet parade on aug 12
)
Chaos escalates in Pakistan-occupied Kashmir, suicide bombing in KP
)
China: Giant panda celebrates 15th birthday with 'bamboo cake' in China
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
Sudan Civil War: UN Warns of Regional Spillover, 700 Killed in Drone Strikes
)
Australia Refinery Fire: Refinery Pumps Out About 10% of Australia's Fuel
)
Is Al Jazeera also run by kafirs? What is Pakistan trying to hide?