China developer Country Garden reportedly set to avoid yuan bond default

The East China headquarters of Country Garden is being shown in Zhenjiang, Jiangsu Province, China, on October 10, 2023. Nurphoto | Nurphoto | Getty Images Embattled Chinese real estate developer Country Garden may avoid a default on its yuan-denominated bonds after most holders of a local note agreed not to demand repayment this week, according to Bloomberg … Read more

Australian Gas Developer Adds Reserves and Exploration Potential

December 8, 2023 (Investorideas.com Newswire) Recently, ADX Energy Ltd. announced updates on increased reserves, new exploration prospects, and near-term drilling catalysts, noted Stephane Foucaud in an Auctus Advisors research note. ADX Energy Ltd. (ADX:ASX) provided updates on increased reserves, new exploration prospects, and near-term drilling catalysts across its oil and gas assets in Austria and … Read more