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Outlook remains positive

Outlook remains positive

Chinese developer Zhenro says funds insufficient to pay March debt

  • India's crude #oil imports in January slipped from one-year highs hit in the previous month, though fuel demand is expected to recover as several states ease coronavirus restrictions after a decline in cases.
  • #Zhenro Properties Group Ltd., a Chinese developer, said its existing internal resources may be insufficient to meet debt payment obligations next month, according to a filing to the Hong Kong stock exchange.
  • The safe-haven Japanese #yen fell slightly against the #dollar, pulling back after recent gains, but was up for the week on geopolitical tensions
  • #BTCUSD plummeted 4.2%
  • #WTIUSD gained 0.8%


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