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03 Dec

China's Kaisa fails to get bondholders nod to extend maturity, risks default

Chinese property developer Kaisa Group Holdings Ltd said on Friday it failed to secure the minimum 95% approval it needed from offshore bondholders to extend the maturity of a $400 million note due next week, raising the risk of a default.

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03 Dec

China regulator says more testing needed to certify C919 aircraft

China's aviation regulator said on Friday that there is still a huge amount of testing to be done for the home-grown narrowbody C919 aircraft to be certified, raising doubt over planemaker COMAC's year-end target.

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03 Dec

China's aviation regulator expects 737 MAX to resume flights around year-end

BEIJING/SYDNEY (Reuters) -China's aviation regulator expects airlines will resume commercial operations with the Boeing Co 737 MAX by the end of this year or the beginning of next year, an official said on Friday.

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03 Dec

Musk exercises more options, sells Tesla shares worth $1.01 billion

(Reuters) -Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion to meet his tax obligations related to the exercise of options to buy 2.1 million shares, regulatory filings showed on Thursday.

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03 Dec

China's Kaisa fails to get bondholders nod for extending maturity

China's Kaisa Group Holdings Ltd said on Friday it had failed to secure the minimum 95% approval needed from its offshore bondholders to extend the maturity of a $400 million note that is due next week, raising the risk of a default.

Read more ...
03 Dec

Musk sells Tesla shares worth $1.01 billion - filings

Tesla Inc Chief Executive Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $1.01 billion, U.S. securities filings showed on Thursday.

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02 Dec

China's Kaisa offer to extend maturity on $400 million offshore bond lapses

China's Kaisa Group Holdings Ltd on Thursday said its offer to extend the maturity of a $400 million bond has lapsed after it did not receive the minimum 95% approval from the bondholders.

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