The latest edition of our finance and property news digest with a distinctively Australian flavour.
In today’s show we look at the latest from the markets, and consider in particular the torrent of assurances streaming from some of the biggest money managers in the world as they assume their investors, we are not facing a Lehman style collapse triggered by Evergrande. Or are they just talking their book? Meantime, a vaguely worded filing may suggest some bond holders have been placated.
Chinese shares fell less than feared Wednesday after a two-day holiday — bolstering global investor sentiment — amid plans for an interest payment by China Evergrande Group and signs of support from the country’s central bank.
Today’s post is brought to you by Ribbon Property Consultants.
Steve Mickenbecker is Canstar’s Group Executive, Financial Services & Chief Commentator. https://www.canstar.com.au/ With more than 30 years of experience in the Australian financial services...
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