Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
HONG KONG Dalian Wanda Group's commercial property arm has snagged a $5.4 billion investment from a group led by tech giant Tencent Holdings , one of the Chinese conglomerate's biggest deals aimed at easing financial strains and streamlining operations.
HONG KONG/SYDNEY Chinese conglomerate Dalian Wanda Group has agreed to sell its two Australian projects to a China-backed developer for a total of A$1.13 billion ($913 million) in equity and assumed debt.
HONG KONG/SHANGHAI Investors have started exercising put options of onshore property bonds due to concerns about tight industry liquidity and rising interest rates, market observers said, fuelling refinancing pressures for small Chinese developers.
HONG KONG Chinese conglomerate Dalian Wanda Group's revenue fell by 10.8 percent in 2017, the second consecutive year it declined, as the debt-laden group sold off property assets and faced increasing scrutiny from regulators and lenders.
HONG KONG, Jan 20 Chinese conglomerate Dalian Wanda Group said on Saturday its revenue dropped for a second consecutive year, by 10.8 percent in 2017, as the group sold off property assets and faced increasing scrutiny from regulators and lenders.
HONG KONG Dalian Wanda Group is expected to announce the sale of two Australian property projects in the coming days, people with knowledge of the matter said, as the Chinese firm looks to lessen financial strains caused by a major acquisition spree.
HONG KONG Dalian Wanda Group has agreed to sell its interests in the high-profile London luxury development project, One Nine Elms, for 59 million pounds, the latest in a string of asset sales that underscore financial strains hitting the Chinese conglomerate.
HONG KONG China's large developers are tightening their hold on the country's real estate market, capturing an ever-larger share even as sales growth is expected to slow and worries about debt persist.
(This version of the story corrects inaccurate description of Sunseeker's financial performance and adds Sunseeker denial of sale)
HONG KONG The China-backed buyer of a Hong Kong skyscraper from billionaire Li Ka-shing for a record $5.2 billion is seeking to borrow as much as 90 percent to fund the deal, according to a term sheet seen by Reuters and people with knowledge of the matter.
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