Market Watch

All eyes on key China PMI data and US debt-ceiling fight

The headquarters of China’s Evergrande Group in Shenzhen.
The headquarters of China’s Evergrande Group in Shenzhen.PHOTO: REUTERS

SINGAPORE - If you did not know what Evergrande was about a month or two ago, you would have had more than your fill over the past week.

The debt saga involving the China-based property giant has hogged the headlines all week and rattled market sentiment, not just in China and Hong Kong, but in South-east Asia as well.

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