[ad_1] WASHINGTON (AP) — If the debt crisis roiling Washington were eventually to send the United States crashing into recession, America’s economy would hardly sink alone. The repercussions of a…
Tag: defaults
Defaults on China’s high-yield property bonds to remain high in 2024: Goldman
[ad_1] The default rate for Chinese high-yield property dollar bonds will remain elevated next year as property sales continue their slide, putting more strain on already stressed liquidity conditions, according…
Astra defaults on debt agreement, warns it may not be able to raise needed cash
[ad_1] The company’s LV0010 rocket stands on the launchpad at Florida’s Cape Canaveral ahead of the NASA TROPICS-1 mission. Astra Struggling space company Astra disclosed in a securities filing late…
‘Cries of pain’ at smaller firms are being drowned by exuberance elsewhere in the market – but rising defaults point to a recession coming, SocGen says
[ad_1] Smaller firms are struggling under the weight of interest rates and rising defaults are a recessionary signal. According to Societe Generale, credit conditions at small companies are in line…
Property giant Country Garden defaults on dollar bonds
[ad_1] Country Garden, the biggest builder in the Chinese property market, has failed for the first time to pay $15.4 million interest on its dollar bonds. ADVERTISEMENT Chinese property developer…
Founder of Malaysia’s MYAirline sued over loan defaults
[ad_1] Legal proceedings against the founder of MYAirline (Z9, Kuala Lumpur Subang) and four other entities dating from mid-2022 have come to light in the wake of MYAirline’s collapse earlier…
UK banks see less lending in Q4, expect more defaults: BoE survey
[ad_1] LONDON, Oct 12 (Reuters) – British lenders expect to curb the availability of mortgages in the next three months, a Bank of England survey showed on Thursday. The BoE’s…
Evergrande crisis worsens as defaults pile up, ex-CEO detained
[ad_1] (Sept 26): The crisis at China Evergrande Group deepened on Monday after the company’s mainland unit said it failed to repay an onshore bond, adding a new layer of…
In the Google antitrust trial, defaults are everything and nobody likes Bing
[ad_1] Google is one of the biggest tech companies in existence, but its empire is built on one little white search bar, and the US Justice Department has just launched…