Culture
Logan Group says creditors holding 66% debt have agreed to overhaul plan
DEFAULTED Chinese developer Logan Group said creditors holding over 66 per cent of the group’s US$6.2 billion offshore debt have signed an…
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Debt
News
How the Debt Could Hamstring Trump’s Agenda
When House Republicans gathered behind closed doors on Capitol Hill last week to hash out their plans for cutting taxes, Representative…
Fashion
Sunac can’t rule out 2nd offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property…
Culture
Sunac can’t rule out second offshore debt overhaul
Defaulted property developer Sunac China Holdings said it can’t rule out a second offshore debt restructuring as a prolonged property…
Fashion
Private lenders set to take over Alacrity in debt restructuring
DIRECT lenders including Antares Capital, Blue Owl Capital and KKR are preparing to take over insurance claims manager Alacrity Solutions,…
Culture
Debt capital market issuance volumes expected to remain ‘relatively stable’ in 2025
Financials, with strong issuances in the last 3 years, could remain major issuers in the Singapore dollar market in 2025, says portfolio…
News
The Intolerable Life Cycle of Debt and Death
Yet debt is strangely equal opportunity. One study found that problem debt almost doubled the odds for considering suicide even…
Lifestyle
170 House Republicans defied Donald Trump despite primaries threat
What's New On Friday 170 House Republicans joined Democrats to approve an emergency funding bill just hours before a partial government…
News
Trump Has a New Debt Ceiling Idea His Party Is Sure to Hate
Trump and the rest of the GOP seem to be even more at odds over the debt ceiling than initially believed. “Congress must get rid of, or…
Lifestyle
Elizabeth Warren admits Donald Trump is "exactly right" about debt ceiling
What's New Democratic Senator Elizabeth Warren of Massachusetts said that she believes President-elect Donald Trump is "exactly right" to…
Lifestyle
Trump Says "stupid" Republicans supporting CR bill should be primaried
What's New President-elect Donald Trump has said any Republican lawmaker who backs a continuing resolution (CR) without including an…
Culture
China’s LGFVs raise record dim sum debt as domestic curbs bite
CHINESE local government financing vehicles (LGFVs) are selling an unprecedented amount of offshore yuan bonds, skirting attempts made by…
News
Biden’s Got One Last Chance to Cancel Student Debt
In 2019, the school was forced to close due to mismanagement and embezzlement of federal student aid dollars. Yet thousands of students…
Fashion
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
Fashion
Thai Airways plans 44 billion baht share sales to exit debt plan
THAI Airways International expects to raise as much as 44 billion baht (S$1.7 billion) from a share rights offering, the carrier’s final…
Culture
Fed survey finds inflation fading as a risk next to debt, trade wars
PRESIDENT-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov 5 election victory financial…
Culture
Aramco to take on more debt, focus on dividend growth
Saudi Arabian Oil plans to take on more debt and will focus on “value and growth” for its dividend, the company’s finance chief said.…
Fashion
Spirit Airlines Files for Bankruptcy Amid Piling Debt and Years of Financial Losses after Merger With JetBlue Fails
Spirit Airlines announced on Monday that it has filed for bankruptcy protection as it works to restructure its operations amid mounting…