David Scanlan

China Evergrande Group said it’s been ordered by a Chinese court to pay about 6 billion yuan ($860 million) in damages and compensation to settle a dispute with a local investor.

The full-sized Olympic rink is hardly world class, but it’s home to a tight-knit hockey community — for just a few more months.

Mild temperatures in Ottawa keep Rideau Skateway closed

In a year when everything from stocks and bonds to cryptocurrencies have tumbled, an investment in Singapore’s most elite golf club stands out.

The Ontario Teachers’ Pension Plan is looking to potentially double staff in its Singapore office as the C$243 billion ($177 billion) Canadian fund steps up its expansion in Asia.

Temasek Holdings Pte. increased its internal carbon price to $50 a ton as the Singapore state-owned investor takes steps to meet a net zero target by 2050.

Sun Hongbin, dubbed the “white knight” in China for bailing out fellow billionaires and their empires, was unable to rescue his own from the property crisis that’s engulfing the world’s second-biggest economy.

Chinese property stocks are poised for a pullback after surging 28% in three weeks as pandemic lockdowns put a brake on economic growth. China Vanke Co. meanwhile announced a share buyback.

China Evergrande Group and its other units were suspended in Hong Kong Monday pending an announcement containing “inside information,” according to exchange filings that didn’t elaborate further. The embattled developer may hold a call this week to brief investors on its debt restructuring plan, REDD reported.

In Siem Reap, Cambodia, travel has just begun to reopen, creating glimmers of hope for locals and an opportunity of a lifetime for visitors.

Property Stocks Tumble; China Backs Deals: Evergrande Update  Bloomberg

Shimao Group Holdings Ltd. drove Chinese property stocks and bonds lower over growing concerns about its ability to pay its debt, renewing concerns about the health of the sector. Private equity firms meanwhile are cooling on the nation’s real estate, while Citigroup Inc. analysts warned of risks ahead even as China pledged to ensure “stability” in the economy next year.

Payment Test Looms; Junk Bonds Rally: Evergrande Update  Bloomberg

A unit of China Evergrande Group faces a key deadline for a coupon payment Saturday, while smaller rival Kaisa Group Holdings Ltd.’s shares were halted in trading after missing payments on fund products as the fallout spreads to other real estate firms.

Too Big to Fail? Debt Crisis at Property Giant China Evergrande Tests Xi Jinping  Bloomberg

Prices are hitting record highs as players flock to the city-state’s courses.

Carson Block is having an unusually tough time betting against Chinese stocks.

Here’s Everything You Need to Know About Ant’s Pulled IPO

There’s no shortage of superlatives for Ant Group Co.’s initial public offering. Here’s a look at some of the key metrics, and why billionaire Jack Ma seems to be such a fan of the number eight.

In a tight Canadian election that will be remembered for Prime Minister Justin Trudeau’s self-inflicted wounds, one thing that seems clear is that neither of the two main parties is poised to win enough seats to form a majority government. Trudeau, leader of the Liberal Party, would have to join forces with the Green Party or the left-leaning New Democrats to stay in power for a second term. If the opposition Conservatives can muster the most seats by a good margin, their leader, Andrew Scheer,