HONG KONG (Reuters) – A key offshore creditor group of China Evergrande Group supports keeping the developer operating, the South China Morning Post (SCMP) reported ahead of a court hearing…
HONG KONG (Reuters) – Two luxury homes in Hong Kong owned by the chairman of embattled property developer China Evergrande Group, Hui Ka Yan, have been seized by a creditor,…
By Xie Yu and Clare Jim HONG KONG (Reuters) – As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening…
(Reuters) – Canada’s banking regulator said on Monday that those who hold Additional Tier 1 (AT1) and Tier 2 debt will be entitled to a more favorable outcome if a…
(Reuters) – Hodlnaut said on Tuesday it has been placed under interim judicial management by the Singapore High Court, after the troubled cryptocurrency lender suspended withdrawals earlier this month. Judicial…
By David Lawder WASHINGTON -The International Monetary Fund on Thursday called on creditor committees for Chad, Ethiopia and Zambia to quickly reach agreements with authorities to restructure the countries’ debts,…
PORTLAND, Ore.—A former senior executive and chief financial officer of Aequitas Management, LLC, and several other entities formerly owned by Aequitas, pleaded guilty today to submitting a false statement to…
By Rachel Savage and Jorgelina do Rosario LONDON – China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from…
By Maria Chutchian NEW YORK – Aeromexico on Friday won court approval of its restructuring plan after the airline struck a deal with the remaining holdouts among its creditors, clearing…