China Evergrande shares, bonds slump as investor worries persist

Shares and bonds of China Evergrande (3333.HK), the country’s most indebted developer, stayed in the red on Tuesday as worries over its financial health persisted even after a local housing authority removed an earlier sales suspension at two real estate projects.

Asian shares up but set for weekly loss after hawkish Fed

Asian shares inched higher on Friday but were set for a weekly loss, while the U.S. dollar hovered near two-month highs as investors continued to digest comments from the U.S. Federal Reserve projecting interest rate hikes in 2023.