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The company is also considering asset disposals and engaging bankers on its loans Del Monte Pacific could raise between US$500 million and US$600 million in a share placement that the…
Congress must restore the credible expectation that emergency borrowing will be followed by years of small, steady primary surpluses. Source link
Expectations of central bank support have been building as a surge in Chinese stocks has weighed on the debt market The Chinese bond sell-off that drove benchmark yields to the highest…
The company will use the net proceeds of the five-year and 10-year notes for general corporate purposes, including refinancing the 8.4% note Hong Kong billionaire Richard Li’s FWD Group…
Central banks have been boosting gold purchases to reduce their risks to the US dollar as global growth becomes more uncertain India’s central bank steadily reduced its purchases of US…
An Amtrak spokesperson told the Times that the signs currently appear at sites in Connecticut, Maryland, Boston, and Philadelphia, as well as on a Baltimore-to-Washington, D.C., Amtrak…
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue and net property income. Retail S-Reits’ debt costs…
He may technically be toxic, but this avenger is radically improving people’s lives offscreen. The Toxic Avenger, the schlocktacular splatterfest from the 1980s, is slashing its way out of…
South Korea’s central bank held policy interest rates steady for a second straight review on Thursday, amid concerns about financial imbalance risks caused by a rapid buildup of…
The solution here is politically difficult, but it is not complicated. Source link
The U.S. national debt has exceeded $37 trillion, raising fears that the country's sea of red ink is rising faster than expected. Source link
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia, China and Thailand, the real estate group said on…
The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion. This comprises new issuances for short-term and long-term…
Claire’s is headed back to bankruptcy court. On Wednesday, Claire’s Holdings LLC and certain of its U.S. and Gibraltar-based subsidiaries (collectively Claire’s U.S.), the operator of…
Millions of student loan borrowers are about to see a jump in their monthly payments. That’s because an interest-free pause under the Saving on a Valuable Education (SAVE) plan has ended…
The Treasury Department wants you to Venmo it to help with the $36.65 trillion national debt. On Wednesday, NPR’s Jack Corbett pointed out that there was an option on Pay.gov, the…
Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year. The…
The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank” to soak up the financial hub’s soured…
Froneri International, the maker of Haagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest shareholder payouts on record, as its private equity…
Embattled cinema chain Cathay Cineplexes has received more repayment demands – this time, a sum exceeding S$3.3 million in rental arrears and for other items, owed to the landlords of its…
Last Friday, a federal judge axed a Biden-era rule from the Consumer Financial Protection Bureau (CFPB) that would have prohibited consumer credit reporting agencies from including certain…
Macy’s Inc. is refinancing to ease its debt obligations. On Monday, Macy’s said that a subsidiary would offer $500 million worth of unsecured senior notes due 2033, in a private offering.…
A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The accessories firm — which sells an assortment of jewelry,…
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low margins …
