Will Singapore or Hong Kong finance the South’s next transition?

[ad_1] The global financial system is in a real bind, because interest rates may be peaking, global debts are at record highs, and geopolitical and climate disaster risks are looming.  …

Credit Suisse Bondholders Seek Redress for Their Wiped-Out Debt

[ad_1] A group of Credit Suisse bondholders representing billions of dollars in high-risk debt that was wiped out in the bank’s rescue takeover by rival UBS are suing Switzerland’s banking…

G7 finance leaders pledge financial stability, supply chain diversity

[ad_1] G7 finance leaders pledged on Wednesday to take action to maintain the stability of the global financial system after recent banking turmoil and to give low- and middle-income countries…