Evergrande’s founder is under police control
Hui Ka Yan, the billionaire who heads the distressed China Evergrande Group, has been taken under police control, according to people familiar with the situation. It’s not clear why Hui…
Stocks that drove rally are now down 10%
The US stock market rally in the first half of 2023 was built on technology stocks as investors bet on the resilience of US consumers and excitement around artificial intelligence…
