LONDON – Global government debt is set to rise 9.5% this year to a record $71.6 trillion, driven by the United States, Japan and China, asset management firm Janus Henderson…
LONDON – The United States has blocked the Russian government from paying owners of its sovereign debt from reserves held at U.S. banks, raising the spectre of default unless Russia…
BERLIN – Delivery Hero said on Monday it had launched a debt financing syndication equal to 1.4 billion euros ($1.55 billion) with proceeds to be used to bolster its liquidity…
CAIRO – Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by…
By Jorgelina do Rosario LONDON – JPMorgan analysts have slapped a sell, or ‘underweight’, recommendation on emerging market local currency sovereign debt due to the global fallout from the Russia-Ukraine…
AUSTIN, Texas, March 24, 2022 — Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, today announced that HSBC Bank…
CHARLOTTE, N.C. – A federal jury in Charlotte has returned a verdict against Malcom Bynum, for fraudulently transferring a piece of property to a relative in violation of the Federal…
– Aegon has completed the sale of its Hungarian arm to Vienna Insurance Group (VIG) for 620 million euros ($682 million), the Dutch insurer said on Wednesday. Aegon had announced…
LONDON – Russia is due to make another dollar-denominated payment to bondholders on Monday after last week defying fears it might not be able or willing to do so, following…
WASHINGTON – The International Monetary Fund’s executive board will meet on March 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said on Saturday. Argentina’s Senate voted…
BERLIN – Germany’s public debt will be around 70% of economic output this year and will fall to no more than the 60% ceiling set by the European Union in…
– Malaysia’s Airasia X (AAX) said on Wednesday it had completed its debt restructuring, and will write 33 billion ringgit ($7.86 billion) back to profits in the next quarter. Under…
LVIV, Ukraine – Ukraine raised 5.4 billion hryvnias ($185 million) on Tuesday at a third auction of local one-year bonds to raise money for its fight against Russian forces, the…
By Marc Jones LONDON – The cost of Russia’s invasion of Ukraine will become a lot clearer next week, with a previously unthinkable sovereign default looming, more emergency central bank…
VERSAILLES, France – French President Emmanuel Macron said on Thursday the war in Ukraine will require joint EU investments which may lead to a new bout of joint debt, but…
MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Thursday urged Argentina to accept a new $45 billion deal with the International Monetary Fund (IMF) instead of defaulting on…
– Russia will service its external obligations in roubles if foreign exchange accounts of the central bank and the government remain blocked by the western sanctions, Finance Minister Anton Siluanov…
By Jan Strupczewski VERSAILLES, France – European Union leaders will prepare the ground on Friday for possible unexpected spending over the war in Ukraine, but will stop short of mentioning…
Greenbelt, Maryland – A federal grand jury has indicted Willie Lamont Hicks, age 50, of Rockville, Maryland, and Mary Ann Mendoza, age 49, of Kensington, Maryland, on federal charges of…
By Natalia Zinets LVIV – Ukraine will service its debt on time and in full, bolstered by financing from allies and international institutions who have rushed to Kyiv’s aid since…
LONDON – The cost of insuring against a Russian government debt default soared by almost 50% on Monday and premiums on other emerging market countries, junk bonds and swathes of…
LONDON – JPMorgan, which runs the most widely used emerging market bond indexes, is polling investors over the potential exclusion of Russia’s local and hard currency debt from its benchmarks.…
By Andrea Shalal WASHINGTON – Ukraine has exchanged all but $80 million of the $2.7 billion in new International Monetary Fund emergency reserves it received in August, IMF data show,…
– Tilray Brands on Thursday agreed to buy up to $211 million of HEXO’s debt, giving the Canadian cannabis producer a right to pick a significant equity stake in its…
BRUSSELS – European Union countries should move to a neutral fiscal stance next year from a supportive stance in 2022, with high debt countries focusing on tighter fiscal policy and…