Evergrande chairman, Hui Ka Yan, dipping into his own pocket to try and save the debt-stricken firm
According to filings by the HKSE, Hui sold 1.2 billion shares in the company at an average price of HK$2.23 each yesterday – totaling to roughly $344 million – as he tries to follow word from local authorities to

Not a good sign of things on the ground in Germany
It is being reported by Reuters that the air force will transport severely ill COVID-19 patients from the southern town of Memmingen to Muenster near Osnabrueck in the north, using planes fitted with up to six ICU beds as medical capacity is overwhelmed.

Spahn labels the virus situation as ‚dramatic‘, calls for the public to take it seriously as the message has not reached everyone in the country
With fresh fears involving the new COVID-19 variant from South Africa, it will only add to the headache for European authorities at the moment.

France maintains that the COVID-19 situation is under control
That fits with what the government spokesperson commented yesterday . It will be tough for countries which have opened up completely to return to any form of lockdown at this stage, not least that the decision will be unpopular – something that Macron will be considering with

Latest data released by CBI – 25 November 2021
here
Besides that, the selling prices balance index is seen jumping higher from 73 in October to 77 in November – the highest since May 1990. One, two, inflation.

Goldman Sachs sees first rate hike in June next year
The Fed has begun to tilt a little more hawkishly as of late with Daly the latest to turn yesterday . Given the inflation conundrum, one might expect more policymakers to start offering similar remarks sooner rather than later.

Dollar mixed, equities keep a little higher
Not a whole lot going on as the market starts to get in sync with the Thanksgiving holiday, with major currencies trading more mixed against the dollar while European equities are seeing slight gains across the board for now.

Remarks by Iraq’s oil ministry via its state news agency
– OPEC is cautious about pumping and reducing oil supply
– OPEC does not want to lose this success because oil markets remain fragile
I reckon this relates more to future policy but it doesn’t really reveal much about what they might do collectively as a bloc in

Latest data from the Mortgage Bankers Association for the week ending 19 November 2021
–  -2.8%
– Market index 651.3 vs 639.9 prior
– Purchase index 295.7 vs 282.5 prior
Despite a bump higher in the long-term mortgage rate to near the recent peak of 3.30%, purchase activity carried the jump in mortgage applications in the past week. Of

Reuters reports, citing senior officials familiar with talks between the parties
Expanding from the headline, the coalition is said to found a COVID-19-specific special taskforce in dealing with the pandemic. Just some details before the announcement, some time around 1400 GMT. This involves the ‚traffic light‘ coalition, as outlined earlier .