China Evergrande defers scheme meeting to reassess terms of proposed restructuring
China Evergrande said on Friday it would not be conducting the scheme meeting scheduled on Sept. 25 and
2023-09-22 22:55
Mexico's Cemex in talks with banks over $3 billion debt refinancing -BBG
MEXICO CITY Mexican cement maker Cemex is in talks to refinance its entire $3 billion credit facility with
2023-09-22 04:21
Biden administration announces plans to cut medical bills from credit reports
The Biden administration on Thursday announced plans to remove medical bills from Americans' credit reports in a push
2023-09-22 03:51
Starving zoo animals and cucumber fines. China's indebted cities are desperate for cash
China's local governments are so debt-ridden that they are increasingly imposing what are perceived to be random or unjustified fines on residents in a bid to generate cash.
2023-09-21 08:47
Sunac, Country Garden debt deals bring respite for China's property sector
HONG KONG Chinese developers Sunac and Country Garden brought some relief to the crisis-hit property sector by forging
2023-09-19 15:24
Sunac wins creditors' approval for its offshore debt restructuring plan
By Xie Yu HONG KONG Creditors of Sunac China Holdings Ltd have approved its $9 billion offshore debt
2023-09-18 22:22
China's cash-squeezed Country Garden faces another dollar coupon deadline
By Xie Yu HONG KONG Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday's
2023-09-18 18:46
Evergrande's woes deepen after police detain staff at its wealth management unit
Chinese police have detained some staff of Evergrande's wealth management unit after the company failed to repay investors, in the first criminal probe launched against the embattled property developer since it was hit by a massive debt crisis in late 2021.
2023-09-18 16:18
Cash-squeezed developer Country Garden faces another dollar coupon deadline
By Xie Yu HONG KONG Embattled Chinese property developer Country Garden faces yet another liquidity test with Monday's
2023-09-18 11:28
China Evergrande shares tumble 25% after wealth management staff detained
HONG KONG Shares of embattled developer China Evergrande Group plunged 25% on Monday after police detained some staff
2023-09-18 09:49
US junk debt issuers use window to extend liabilities but at higher costs -Morgan Stanley
By Matt Tracy U.S. junk-rated companies are using a more favorable debt issuance window this year to extend
2023-09-16 04:26
CAF bank gives $488 million in loans to Ecuador, government says
QUITO The Development Bank of Latin America (CAF) has approved three credits for Ecuador worth a total of
2023-09-16 00:26