Jakarta, CNBC Indonesia – Chinese property companies with ‘mountain’ debts again make There was a big ruckus in the bond market on Tuesday (12/10), after Evergrande Group again missed bond payments for the third time in less than a month. In addition, many other property developers are also facing payment deadlines before the end of … Read more
Jakarta, CNBC Indonesia – After years of ‘miracle’ economic growth – which for two decades from 1990 to 2009 grew 10% on average – China is currently experiencing difficulties. These pressures range from the war against technology companies and crypto assets to the most recent and most striking with a significant impact on the overall … Read more
Jakarta, CNBC Indonesia – The default of Chinese property giant, Evergrande, is considered to have an impact on the financial market in Indonesia. This is because the property market in China has a very large portion of China’s gross domestic product (GDP), which reaches 25%. President Director of PT Schroders Investment Management Indonesia (Schroders), Michael … Read more
Jakarta – The United States (US) is in danger of not being able to pay debt next October. In addition, the US government also said that the country would run out of money to pay the debt. Quoted from datalab.usaspending.gov, total debt of US$ 26.95 trillion (2020 data) or equivalent to Rp. 384.03 thousand trillion … Read more
Jakarta, CNBC Indonesia – The benchmark stock price index of the Hong Kong stock exchange (Hang Seng Index) fell badly in today’s trading, Monday (20/9/2021), as it was hit by negative sentiment about Evergrande, a Chinese property giant that is in danger of going bankrupt. At 11.00 WIB, the Hang Seng index fell more than … Read more