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China Evergrande's electric car unit's shares tumble 26% after warning
Shares of China Evergrande's electric car unit plunged as much as 26% on Monday after it warned it faced an uncertain future unless it got a swift injection of cash and after it said it will not proceed with plans to issue RMB shares.
Aussie climbs, yen dips as Evergrande contagion fears recede
The risk-sensitive Australian dollar rallied and the safe-haven yen dipped to a nearly three-month low on Monday, as fears of widespread market contagion from indebted China Evergrande Group receded.