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Asian shares mixed after S&P 500 squeaks to new record high

1 month ago   |   By Chron

Asian shares were mixed Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high.
Benchmarks rose in Hong Kong and Tokyo but fell in Sydney and Shanghai.
An official newspaper, the Securities Times, said China Evergrande Group made an overdue bond payment on Friday. The property developer's struggle to reduce its 2 trillion yuan of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.
Evergrande wired $83.5 million to account for a bond payment that was due Sept. 23, the report said. The...
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