Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:25
Uganda president defiant after World Bank suspends funding over LGBT law
By Elias Biryabarema KAMPALA (Reuters) -Uganda's President Yoweri Museveni on Thursday denounced the World Bank's decision to suspend new funding
2023-08-10 19:23
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:56
World Bank halts new lending to Uganda over anti-LGBTQ law
By Andrea Shalal and Kanishka Singh WASHINGTON (Reuters) -The World Bank said on Tuesday it would halt new lending to
2023-08-09 15:18
South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
2023-08-09 11:29
WeWork says it has 'substantial doubt' about its ability to stay in business
"Substantial doubt exists" about WeWork's ability to continue to stay in business, due to the company's losses, projected cash needs, and increased member turnover, according to the company's second quarter earnings release.
2023-08-09 05:57
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:22
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due
2023-08-08 15:23
Jefferies Leads $1 Billion Loan for KKR’s Simon & Schuster Deal
KKR & Co. has lined up debt financing from a group of banks led by Jefferies Financial Group
2023-08-08 07:19
Cathie Wood Says SEC Will Approve Multiple Bitcoin ETFs at Once
Cathie Wood said that the US Securities and Exchange Commission may approve multiple spot-Bitcoin ETFs at the same
2023-08-08 02:47
Climate change puts sovereigns at downgrade risk, study finds
By Mark John A global failure to curb carbon emissions will lead to rising debt-servicing costs for 59
2023-08-07 07:23
Analysis-China can no longer 'extend and pretend' on municipal debt
By Kevin Yao and Samuel Shen BEIJING China's promised "basket of measures" to defuse local government debt risks
2023-08-07 07:21