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Morgan Stanley’s investment banking chief in Australia said the collapse of Bathla Group will have significant impacts on the economy at a time when sliding house prices could curb consumer spending.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Bathla Group, the insolvent Australian property developer that’s shaken the nation’s real estate and private credit market, faces new tests at the start of the week.
[Economy] : The benchmark Korea Composite Stock Price Index gained 223-point-57 points, or three-point-34 percent, on Monday to open at six-thousand-910-point-78.
For the first time in several months, the 91-day bill led the pack with GH¢6.2 billion of the bids tendered, representing 62.6% of the total bids.
For the first time in several months, the 91-day bill led the pack with GH¢6.2 billion of the bids tendered, representing 62.6% of the total bids.
[Economy] : The average retail prices of gasoline and diesel at gas stations nationwide continued to slide on Monday. According to the Korea National Oil Corporation’s price information system…
