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Chinese developer Greenland discloses overdue debt

Bloomberg Greenland Holdings Corp., China’s fourth-biggest developer by property sales, said it had overdue loans of $69.2 million in some units in the northeast province of Liaoning at the end of June, underscoring concerns about the company’s debt problems. Companies under Greenland’s unit in Liaoning had overdue short-term debt of 247.5 million yuan, as well as 210 million yuan in ...

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Trump vows ‘all options open’ against North Korea

Bloomberg ­­­­­­­­­­­­­­­ US President Donald Trump said that “all options” are under consideration in response to North Korea firing an unidentified ballistic missile over Japan on Tuesday as Kim Jong Un’s latest provocation rattled markets. “The world has received North Korea’s latest message loud and clear: this regime has signaled its contempt for its neighbors, for all members of the ...

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Texas faces more flooding as Houston crippled

Bloomberg It keeps getting deeper for Houston, the epicenter of the US oil industry. As floods inundated the nation’s fourth-largest city on Monday, with more than a foot of rain likely still to come through Friday, predictions of damage ranged as high as $100 billion. Wall Street and Washington braced for the repercussions of the costliest US natural disaster since ...

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