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Treasury yields later receded on a cooler-than-expected U.S. private payrolls report that helped stocks on Wall Street rebound from Tuesday's sharp sell-off. "The market was so over-sold that it was looking for a catalyst to rally on and found it in ADP." The yield on 10-year Treasury notes touched 4.884%, a fresh 16-year high, while 30-year Treasury yields rose above 5% for the first time since August 2007. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsAustralian, Canadian and British government bond yields have also surged this week. Gold prices crept lower for the eighth consecutive session as elevated Treasury yields amid expectations that the Fed will keep rates higher for longer weighed on investor sentiment.

Persons: Kim Rupert, Rupert, Rhys Williams, Brendan McDermid, Kit Juckes, Brent, Herbert Lash, Tom Wilson, Tom Westbrook, Simon Cameron, Moore, Will Dunham, Mark Potter Organizations: Treasury, ADP, Management, Institute for Supply Management, Federal Reserve, Dow Jones, Nasdaq, Bank of Japan, New York Stock Exchange, REUTERS, Rights Australian, U.S ., Thomson Locations: San Francisco, Bryn Mawr , Pennsylvania, U.S, New York City, Asia, Pacific, Japan, Tokyo, Russia, London, Sydney

☆ Australia will be home to the world's tallest timber tower
▼ + stars: | 2023-10-04 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +4 min

CNN —Western Australia may soon be home to the world’s tallest wooden building, after authorities in Perth green-lit plans for a 191.2-meter-tall (627-foot) “hybrid” tower constructed using mass timber. The developers say 42% of the proposed tower will be constructed from timber, with the columns and core made of reinforced concrete. If completed, the high-rise will surpass the world’s tallest timber-concrete hybrid building, the Ascent tower in Milwaukee, Wisconsin, which stands at 25 stories or 86 meters (284 feet), according to the Council on Tall Buildings and Urban Habitat. Like Atlassian, the proposed C6 tower will combine laminated timber beams with a steel exoskeleton to support the the structure. Video Ad Feedback A short history of the world's tallest buildings 04:24 - Source: CNNBeyond using timber, Grange’s plan also includes green features such as a rooftop garden, an urban farm and resident access to 80 new fully-electric Tesla Model 3s.

Persons: ” Grange, James Dibble, ” Dibble, Philip Oldfield, ” Oldfield, “, Oldfield, ” Organizations: CNN, Grange Development, Western, Tesla, University of New, University of New South Wales ’ School, Built Locations: Western Australia, Perth, Milwaukee , Wisconsin, South Perth, Sydney, Grange, “, University of New South

☆ Residents in rural Australia evacuate homes as floods follow fires
▼ + stars: | 2023-10-04 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Oct 5 (Reuters) - Residents of towns in the Australian state of Victoria were on Thursday warned it was still unsafe to return home, as flash floods followed bushfires that also forced people to flee. People in several towns along the Macalister River in the southeastern state were told to evacuate late on Wednesday after waters rose to dangerously high levels. Rains eased on Thursday, though disaster management officials said large amounts of water still needed to be flushed through the river systems. "The good news is (there is) no more serious rain expected," he told state broadcaster ABC. Emergency warnings urging evacuated residents not to return remain in place for several towns in the area.

Persons: David Baker, Alasdair Pal, Josie Kao Organizations: SYDNEY, Authorities, Emergency Service, ABC, Thomson Locations: Australian, Victoria, Sydney

☆ Asia-Pacific stocks fall ahead of Australian central bank rate decision
▼ + stars: | 2023-10-03 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +1 min

The full moon, otherwise known as a strawberry supermoon, is seen over the Skyline of the CBD in Sydney, Australia June 15, 2022. Asia-Pacific markets fell ahead of a rate decision by the Reserve Bank of Australia. In Australia, the S&P/ASX 200 was trading down 1.1% ahead of an RBA meeting, where the central bank is expected to hold rates at 4.10%, according to a Reuters poll. In Japan, the Nikkei 225 was down 0.63% in its first hour of trade. The Nasdaq Composite added 0.67% to close at 13,307.77— CNBC's Hakyung Kim and Alex Harring contributed to this report.

Persons: Hakyung Kim, Alex Harring Organizations: Skyline, Reserve Bank of Australia, Nikkei, Dow Jones, Nasdaq Locations: Sydney, Australia, Asia, Pacific, Japan, U.S

SYDNEY, Oct 3 (Reuters) - A bushfire in Australia's Victoria state more than trebled overnight and authorities urged residents in a remote part of Tasmania state to evacuate as a spring heatwave fanned fires across the country's southeast. Across the Bass Strait in Tasmania state, residents on the northern edge of Flinders Island were told to evacuate from an out of control bushfire. Fires are being stoked by hot, dry winds across southeast as the country experiences an unseasonably hot spring. Australia began spring with its driest September on record, according to the Bureau of Meteorology, with rainfall 71% below the 1961-1990 average. Conditions are expected to change rapidly in Victoria Tuesday afternoon, with heavy rains expected to help douse fires but potentially trigger flash flooding.

Persons: Jason Heffernan, Heffernan, they're, Lewis Jackson, Richard Chang Organizations: SYDNEY, Country Fire Authority, Meteorology, Greater, Thomson Locations: Australia's Victoria, Tasmania, Victoria state's Gippsland, Bass, Flinders, Australia, Victoria, New South Wales, Greater Sydney Region, Sydney's

The latest Guardian Essential poll shows the yes vote rose two points to 43% over the past fortnight, while the no vote slipped two points to 49%. Prime Minister Anthony Albanese said on Tuesday that people tended to support the referendum once they understood the details of the proposal. Unlike New Zealand or Canada, Australia has no treaty with its Indigenous people, who make up about 3.2% of its population of 26 million. Indigenous groups were marginalized by British colonial rulers and are not mentioned in Australia's 122-year-old constitution. The referendum debate has divided opinion, with supporters arguing the Voice will bring progress for the Aboriginal community, while opponents say it would be divisive.

Persons: Rita Wright, Loren Elliott, Anthony Albanese, Albanese, They're, Lewis Jackson, Tom Hogue Organizations: Australian, REUTERS, Rights, Guardian, Triple M Hobart, Nations, New, Thomson Locations: Sydney, Australia, Tasmania, New Zealand, Canada

☆ Bushfires in Parts of Southeast Australia Amid Spring Heatwave
▼ + stars: | 2023-10-02 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +2 min

By Lewis JacksonSYDNEY (Reuters) - A bushfire in Australia's Victoria state more than trebled overnight and authorities urged residents in a remote part of Tasmania state to evacuate as a spring heatwave fanned fires across the country's southeast. "It is quite a large fire spread across a large area. Across the Bass Strait in Tasmania state, residents on the northern edge of Flinders Island were told to evacuate from an out of control bushfire. Fires are being stoked by hot, dry winds across southeast as the country experiences an unseasonably hot spring. Australia began spring with its driest September on record, according to the Bureau of Meteorology, with rainfall 71% below the 1961-1990 average.

Persons: Lewis Jackson SYDNEY, Jason Heffernan, Heffernan, they're, Lewis Jackson, Richard Chang Organizations: Country Fire Authority, Meteorology, Greater Locations: Australia's Victoria, Tasmania, Victoria state's Gippsland, Bass, Flinders, Australia, Victoria, New South Wales, Greater Sydney Region, Sydney's

☆ New Zealand PM tests COVID-positive two weeks before election
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +2 min

[1/3] Prime Minister and Labour Party Leader Chris Hipkins speaks at the New Zealand Labour Party's election campaign launch event in Auckland, New Zealand, September 2, 2023. REUTERS/David Rowland/File Photo Acquire Licensing RightsSYDNEY, Oct 1 (Reuters) - New Zealand Prime Minister Chris Hipkins has tested positive for COVID-19 and will work remotely while isolating, his office said on Sunday, just two weeks before a general election in which his Labour party is struggling. The positive test will temporarily sideline Hipkins in the campaign for the Oct. 14 election. Deputy Prime Minister Carmel Sepuloni would stand in for Hipkins at a Samoan church service in Auckland on Sunday, a spokesperson said. The prime minister's office said further updates on his schedule "will be provided in due course".

Persons: Chris Hipkins, David Rowland, Carmel Sepuloni, Hipkins, Sam McKeith, Nick Zieminski, William Mallard Organizations: Labour Party, New Zealand Labour, REUTERS, Rights, Zealand, Labour, National, Thomson Locations: Auckland , New Zealand, Hipkins, Auckland, Sydney

☆ Australia swelters through 'scorching' heat lifting bushfire risk
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Oct 1 (Reuters) - Australia's southeast on Sunday sweltered in a heat wave that raised the risk of bushfires and prompted authorities to issue fire bans for large swaths of New South Wales state. Australia faces a high risk bushfire season as it experiences an El Nino weather event, recently announced, which is typically associated with extreme events like wildfires, cyclones and droughts. State Emergency Services Minister Jihad Dib said the "scorching" heat lifted the risk for bushfires in the week ahead. Fire authorities on Sunday issued nine fire total bans for parts of the state in a bid to reduce the chance of bushfires. Reporting by Sam McKeith in Sydney Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Kingsford, Jihad Dib, Dib, Sam McKeith, Nick Zieminski Organizations: SYDNEY, New, Airport, Emergency Services, Thomson Locations: New South Wales, Sydney, Australia's, Australia, El Nino, Turkey

☆ I swapped the big city for a tiny community in the middle of nowhere. Rent is $60 a month – but the supermarket is a 5-hour round trip.
▼ + stars: | 2023-10-01 | by ( Polly Thompson | ) www.businessinsider.com time to read: +6 min

Sally Millar swapped the big city grind in Sydney, Australia for life in a tiny remote community. She now pays about $60 a month in rent and makes more money than she did in the city. But living a five-hour round trip from the nearest supermarket has its drawbacks. When Covid hit my partner and I had been about to go on a big road trip across the Americas. AdvertisementAdvertisementThe housing is also provided by my school, so my rent and bills are now just 100 Australian dollars a month.

Persons: Sally Millar, —, I'd, Covid, We'd, everyone's, It's, Sally Millar's, we've, Sally, they're Organizations: Service, Google Locations: Sydney, Australia, Americas, East Kimberley, Western Australia, Kununurra, Perth

☆ New Zealand PM Tests COVID-Positive Two Weeks Before Election
▼ + stars: | 2023-09-30 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

SYDNEY (Reuters) -New Zealand Prime Minister Chris Hipkins has tested positive for COVID-19 and will work remotely while isolating, his office said on Sunday, just two weeks before a general election in which his Labour party is struggling. The positive test will temporarily sideline Hipkins in the campaign for the Oct. 14 election. Labour has been sliding in the opinion polls, with the centre-right National party leading by 31.9% to 26.5% in a recent survey. The prime minister's office said further updates on his schedule "will be provided in due course". The government removed its last COVID restrictions in August, but health authorities still recommend that people stay home for five days if feeling unwell or if they have tested positive.

Persons: Chris Hipkins, Carmel Sepuloni, Hipkins, Sam McKeith, Nick Zieminski, William Mallard Organizations: SYDNEY, Zealand, Labour, National Locations: Hipkins, Auckland, Sydney

☆ Man dies in Australia after whale collides with boat
▼ + stars: | 2023-09-30 | by ( ) www.reuters.com time to read: +1 min

SYDNEY, Sept 30 (Reuters) - One man died and another was in hospital on Saturday in Australia after a whale struck and flipped their boat during a fishing expedition, authorities said. "A whale has been involved, whoever would have thought that that would have occurred, it's terribly tragic," said New South Wales Police Minister Yasmin Catley. The boat "was likely to have struck or been impacted by a whale breaching, causing the boat to tilt, ejecting both men", police said in a statement. While human deaths caused by whales in the region are rare, Australia and neighbouring New Zealand are hot spots for mass whale strandings on beaches. Reporting by Sam McKeith in Sydney; Editing by Cynthia Osterman and William MallardOur Standards: The Thomson Reuters Trust Principles.

Persons: it's, Yasmin Catley, Jihad Dib, Danes, Sam McKeith, Cynthia Osterman, William Mallard Organizations: Police, New South Wales Police, Emergency Services, Thomson Locations: Australia, Botany Bay, Sydney, New, New Zealand

SYDNEY, Sept 29 (Reuters) - The blocking of three major deals by Australia's antitrust regulator in the past year was a coincidence, its chair told Reuters, pushing back against concerns among bankers that it has become deal-averse. "There happens to have been a sequence, frankly coincidentally as it turns out, of oppositions," ACCC Chair Gina Cass-Gottlieb said in an interview. There are some concerns that it could be blocked as Brookfield owns AusNet, a poles and wires asset in Victoria state. Cass-Gottlieb also said she doubted foreign investors have been dissuaded from pursuing deals in Australia which does not require companies to get formal clearance before proceeding with a takeover. "The recent stream of merger blockages will make foreign investors think twice."

Persons: Gina Cass, Gottlieb, Canada's Brookfield, Cass, Stephen Corones, Hannah Marshall, it's, Byron Kaye, Scott Murdoch, Edwina Gibbs Organizations: Australian Competition, Consumer Commission, Telstra, TPG, ANZ, Transurban, Origin Energy, Brookfield, FOCUS Cass, Investors, Queensland University of Technology, Cass, Marque Lawyers, Thomson Locations: Melbourne, AusNet, Victoria, Australia, Queensland

HONG KONG/BEIJING, Sept 28 (Reuters) - China Evergrande Group's (3333.HK) founder is being investigated over suspected "illegal crimes", the embattled developer said on Thursday, as creditors become increasingly concerned about the group's prospects amid an uncertain debt revamp plan and liquidation risk. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. "We believe that Evergrande's debt turmoil has had a great turmoil and negative impact on the global economy, and the things behind it are not simple."

Persons: Hui Ka Yan, Evergrande, Hui, Gary Ng, Ng, Florence Lo, They've, Christopher Beddor, Yan Yuejin, Saxo, Redmond Wong, Upasana Singh, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam, Lincoln, Miral Fahmy, Susan Fenton Organizations: HK, Trading, Asia Pacific, Reuters, REUTERS, Evergrande, China Research, Development Institution, Buyers, China Market, Thomson Locations: HONG KONG, BEIJING, China, Asia, Beijing, Evergrande, Shanghai, Bengaluru, Hong Kong, Sydney

☆ Australia to retire Taipan helicopter fleet early after crash
▼ + stars: | 2023-09-29 | by ( Renju Jose | ) www.reuters.com time to read: +3 min

The Taipan fleet will not return to flying operations before the previously planned withdrawal date of December 2024, Defence Minister Richard Marles said. Australia in January said it would buy 40 Black Hawk military helicopters, manufactured by Lockheed Martin (LMT.N), for an estimated A$2.8 billion ($1.80 billion). The Black Hawks are set to replace the Australian army's fleet of Taipan helicopters, which have been plagued for years by maintenance issues. "The first of the 40 Black Hawks that will replace the (Taipan) MRH-90 have arrived and are already flying in Australia. Marles acknowledged there would be "capability challenges" without an operational Taipan fleet and as defence waits for the delivery of more Black Hawks.

Persons: Dinuka, Richard Marles, Lockheed Martin, Marles, Italy's Leonardo, Leonardo, Renju Jose, Jamie Freed Organizations: Australian Navy, Australian Landing Helicopter, REUTERS, Rights, United States, Black Hawk, Lockheed, Black Hawks, Australian, Airbus, ABC, Thomson Locations: Canberra, Colombo, Sri Lanka, Australia, France, Norway, Queensland, United States, Sydney

☆ Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets
▼ + stars: | 2023-09-29 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +4 min

The yacht "Event", which is believed to be owned by China Evergrande, is docked in Hong Kong, China October 11, 2021. Evergrande's offshore bondholders are expected to sharpen their focus on offshore assets as the developer's debt restructuring plan flounders with the founder now being investigated over suspected "illegal crimes". Compared to its $31.7 billion in total offshore liabilities, Evergrande has far fewer assets outside China. Of the remaining offshore assets of the company and its founder, creditors would need to establish whether they have already been used as collateral to raise funds. Foreign bondholders' "ability to get to these (offshore) assets is a function of the legal claim - has he (Chairman Hui) pledged it?"

Persons: China Evergrande, Tyrone Siu, Evergrande, Hui Ka Yan, Hui, Scott Murdoch, Julie Zhu, Marc Jones, Sumeet Chatterjee Organizations: REUTERS, Rights, China Evergrande, HK, Reuters, Boeing, Gulfstream, Wall Street Journal, Thomson Locations: China, Hong Kong, Sydney, London, Lincoln

☆ Barcelona under investigation for suspected bribery in refereeing case
▼ + stars: | 2023-09-28 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

Police also searched the offices of the football federation RFEF in Madrid on Thursday, the Barcelona court said, as part of the ongoing inquiry into "possible systemic corruption" within the Spanish refereeing committee. Spanish football and the RFEF in particular are going through a moment of reckoning amid allegations of sexual abuse against former RFEF chief Luis Rubiales. The refereeing investigation has now been widened to include Barcelona as a suspect. Barcelona has denied any wrongdoing, saying in a statement in February it had paid an external consultant who supplied it with "technical reports related to professional refereeing", which it said was a common practice among professional football clubs. According to judge Aguirre, Negreira was responsible for ranking and evaluating the referees.

Persons: Albert Gea, Luis Rubiales, Rubiales, Jenni Hermoso, Joaquin Aguirre Lopez, Jose Maria Enriquez Negreira, Aguirre, Negreira, Fernando Kallas, Andrei Khalip Organizations: Football, FC Barcelona, Rights, Barcelona, Reuters, Thursday, Police, RFEF, Real Madrid, Thomson Locations: Barcelona, Spain, Rights MADRID, Spanish, Madrid, Sydney, RFEF

☆ Evergrande shares halted as concerns mount about developer's prospect
▼ + stars: | 2023-09-28 | by ( ) www.reuters.com time to read: +3 min

An Evergrande sign is seen near residential buildings at an Evergrande residential complex in Beijing, China September 27, 2023. Evergrande has been working to get creditors' approval for restructuring its offshore debt. The offshore debt restructuring plan now looks set to falter and the risks of the company being liquidated are rising, some analysts said. The company shares ended down 19% on Wednesday in the Hong Kong market, taking their losses to 81% since the resumption of trading in late August after a 17-month suspension. The recent regulatory easing may stabilize the housing market in the world's second-largest economy to some extent, Saxo Greater China Market Strategist Redmond Wong wrote in a research note.

Persons: Florence Lo, Hui Ka Yan, Hui, Evergrande, Gary Ng, Ng, Redmond Wong, Donny Kwok, Scott Murdoch, Ziyi Tang, Anne Marie Roantree, Sumeet Chatterjee, Kim Coghill, Shri Navaratnam Organizations: REUTERS, China Evergrande, HK, Bloomberg, Reuters, Asia Pacific, China Market, Thomson Locations: Beijing, China, HONG KONG, China's, Evergrande, Asia, Hong Kong, Saxo, Sydney, Lincoln

☆ US backs Pacific undersea internet cable amid China competition
▼ + stars: | 2023-09-28 | by ( Joe Brock | ) www.reuters.com time to read: +3 min

Workers install the 2Africa undersea cable on the beach in Amanzimtoti, South Africa, February 7, 2023. The Central Pacific Cable would connect American Samoa with Guam - two U.S. territories - and extend to up to 12 more Pacific islands, according to a document showing the cable route. Undersea internet cables typically take at least 3-5 years to be developed and installed. Tonga was cut off from global telecommunication networks for a month last year after a volcanic eruption and tsunami severed its only undersea cable. Washington intervened two years ago to block a Chinese company from building another subsea internet cable in the Pacific islands, Reuters reported at the time.

Persons: Rogan Ward, Paul McCann, John Hibbard, APTelecom, Hibbard, McCann, Joe Biden, Biden, Solomon, Joe Brock, Kirsty Needham Organizations: REUTERS, Pacific, Reuters, Central Pacific Cable, Futuna, Federated, World Bank, U.S . Trade, Development Agency, U.S, East Micronesia Cable, Thomson Locations: Amanzimtoti, South Africa, China, SINGAPORE, United States, American Samoa, Guam, U.S, Singapore, Papua New Guinea, Samoa, Tuvalu, Fiji, Nauru, Marshall Islands, Kiribati, Cook Islands, Wallis, Federated States, Micronesia, Australia, New Zealand, Washington, Tonga, Beijing, Japan, Sydney

SYDNEY, Sept 28 (Reuters) - Shares in Chinese hospital cloud software firm Neusoft Xikang (9686.HK) slumped nearly 35% in the company's Hong Kong trading debut on Thursday, as sentiment towards some new share sales remained weak. Neusoft Xikang opened down 22.4% and sold off sharply early in the Hong Kong trading session on Thursday. Separately, Chinese AI startup firm Beijing Fourth Paradigm (6682.HK) opened 13.4% higher at HK$63.10 per share in its Hong Kong trading debut on Thursday. Retail demand for Beijing Fourth Paradigm was considered stronger than usual with that tranche 11.4 times covered, according to its filings. ($1 = 7.8238 Hong Kong dollars)Reporting by Scott Murdoch in Sydney and Donny Kwok in Hong Kong; Editing by Himani Sarkar and Lincoln FeastOur Standards: The Thomson Reuters Trust Principles.

Persons: Neusoft Xikang, Scott Murdoch, Donny Kwok, Himani Sarkar Organizations: HK, Investor, Hong Kong Stock Exchange, U.S, Commerce Department, Retail, Thomson Locations: Hong Kong, Beijing, Sydney, Lincoln

☆ Australia's Qantas chairman says shareholders want him despite turmoil
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Loren Elliott/File Photo/File Photo Acquire Licensing RightsSYDNEY, Sept 27 (Reuters) - The chairman of Australia's Qantas Airways (QAN.AX) on Wednesday vowed to stay in his role despite a host of scandals engulfing the airline, saying its biggest shareholders wanted leadership continuity even as its shares track a one-year low. "I've had meetings with our major shareholders two weeks ago, and they are very strongly supportive of me staying," Goyder told the hearing. "While I retain the confidence of shareholders and the board, I will continue to serve. But she and Goyder, the Qantas chairman since 2018, denied having any discussions about the Qatari request with any member of the federal government. Qatar Airways' senior vice-president of global sales, Matt Raos, told the hearing the company was "surprised and shocked" its application was denied without a reason given.

Persons: Loren Elliott, Richard Goyder, I've, Goyder, we've, isn't, Vanessa Hudson, Jayne Hrdlicka, Hrdlicka, Matt Raos, Byron Kaye, Gerry Doyle Organizations: Qantas, Sydney Airport, REUTERS, Rights, Qantas Airways, Stock, Qatar Airways, Virgin, Thomson Locations: Sydney, Australia, Virgin Australia, Qatar

☆ Explainer: What's in store for China Evergrande with its chairman now under police watch?
▼ + stars: | 2023-09-27 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +5 min

Evergrande has been in the process of seeking its creditors' approval to restructure offshore debt worth $31.7 billion, which includes bonds, collateral, and repurchase obligations, amid weakening cash flows. A major group of Evergrande offshore bondholders plans to join a liquidation petition due to be heard in a Hong Kong on Oct. 30 unless Evergrande can present a new restructuring plan before then. Evergrande's supercharged growth helped it become one of China's biggest and most lucrative property developers with sales worth $110 billion in 2020. The company's entire offshore debt was deemed in default after it missed several bond payments in late 2021, and creditors have been grappling with a solution since then. Soon after that, authorities scrambled to assure markets that risks to the property sector and economy could be controlled.

Persons: Evergrande, HUI, YAN, Hui, Scott Murdoch, Sumeet Chatterjee, Muralikumar Organizations: China Evergrande, HK, Bloomberg, Evergrande, Thomson Locations: China's, Hong Kong, Evergrande, Guangzhou, China, Beijing, Sydney

☆ Head of Spanish women's soccer league says Rubiales-led FA was 'sexist'
▼ + stars: | 2023-09-27 | by ( Elena Rodriguez | ) www.reuters.com time to read: +3 min

President of Spain's women's Liga F soccer league Beatriz Alvarez speaks with Reuters during an interview at their headquarters in Madrid, Spain, September 27, 2023. "At least since I came to the Liga F, there has been an absolute lack of institutional respect - as well as sexism - from the federation," Alvarez added. Alvarez recounted how her third child had been born just a day before the Liga F season kicked off. Alvarez said she was not invited by the RFEF to the Women's World Cup final in Sydney, which she believes would never have happened to the president of the men's league. Still, she said the fact that the women's team won the World Cup had put them in the global spotlight, which should boost women's football, help to stamp out sexist attitudes and promote equality.

Persons: Spain's, Beatriz Alvarez, Juan Medina, Luis Rubiales, Rubiales, Jenni Hermoso's, Hermoso, Alvarez, Elena Rodríguez, Guillermo Martínez, David Latona, Andrei Khalip, Ed Osmond Organizations: Liga F, Reuters, REUTERS, Rights, Spain's, Liga, women's, Thomson Locations: Madrid, Spain, Rights MADRID, Spanish, videoconference, Sydney

☆ Pressure piles on China Evergrande with report chairman under police surveillance
▼ + stars: | 2023-09-27 | by ( ) www.reuters.com time to read: +2 min

[1/2] Hui Ka Yan, chairman of Evergrande Real Estate Group Ltd, the country's second-largest property developer by sales, attends a news conference on annual results in Hong Kong, China March 29, 2016. REUTERS/Bobby Yip/File photo Acquire Licensing RightsHONG KONG, Sept 27 (Reuters) - The chairman of China Evergrande Group (3333.HK) has been placed under police surveillance, Bloomberg News reported on Wednesday, ratcheting up pressure on the embattled developer whose outlook has already darkened significantly this week. Citing people with knowledge of the matter, the report said Hui Ka Yan was taken away by police earlier this month and is being monitored at a designated location. Evergrande did not immediately respond to a Reuters request for comment. Markets are also focused on another major Chinese developer, Country Garden (2007.HK), which is facing a new bond coupon repayment deadline on Wednesday.

Persons: Hui Ka Yan, Bobby Yip, Hui, Evergrande, Hengda, Scott Murdoch, Xie Yu, Muralikumar Anantharaman, Neil Fullick Organizations: Real Estate Group, REUTERS, China Evergrande, HK, Bloomberg, Bloomberg News, Reuters, Evergrande, Thomson Locations: Hong Kong, China, HONG KONG, China's, Sydney

☆ Qantas charter unit's pilots vote in favour of protected industrial action
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +2 min

Three pilot groups, including pilots from aircraft charter company Network Aviation, have been negotiating with Qantas management over wage policy revisions. A spokesperson for QantasLink, an airline brand of Qantas, termed the step towards industrial action by the AFAP as "disappointing". "We have already reached in-principle agreement with the two other unions representing Network Aviation pilots, and we're continuing to negotiate in good faith to secure new agreements with our turboprop pilots." There are contingency plans in place to minimise disruptions to customers if the union proceeds with the industrial action, the spokesperson told Reuters. The AFAP also flagged the potential industrial action might impact certain charter flight operations to large mines and oil gas projects in Western Australia.

Persons: Loren Elliott, Rishav Chatterjee, Lewis Jackson, Aishwarya Nair, Rashmi Organizations: Qantas, Sydney Airport, REUTERS, Pilots, Network Aviation, Qantas Airways, Australian Federation of Air Pilots, Reuters, Network Aviation's, Thomson Locations: Sydney, Australia, Western Australia

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