HomeBusinessGlobal EconomyUnderwater Mortgages Force China’s Banks to Get More CreativeUnderwater Mortgages Force China’s Banks to Get More Creative April 7, 2026nileshsha@hotmail.com Lenders are trying to prevent defaults and foreclosures that risk deepening the country’s housing crisis. www.bloomberg.com #Underwater #Mortgages #Force #Chinas #Banks #CreativeRelated reading:NY Commuter Rail Strikes, Stranding 300,000 Daily RidersUS Allows Russia Oil Sales Waiver to Expire Despite Tight MarketIndia Tightens Silver Import Rules Amid Measures to Defend RupeeShare: X · Facebook · LinkedIn
Can Rio Tinto and Glencore Really Pull Off a Mega-Merger?On this week’s podcast: Why the mining industry’s dream mega-merger could become reality www.bloomberg.com #Rio #Tinto #Glencore #Pull #MegaMerger Related reading:NY Commuter…
There’s a Triple Threat to the World’s Food SecurityThere are five times as many people alive today as there were in 1900. Yet humanity is better fed than at…
China Southern Power Is Said in Talks to Buy Chile’s TranselecChina Southern Power Grid Co. is in advanced talks to acquire a controlling stake in Chilean power transmission company Transelec…