LONDON (Reuters) – The cost of insuring exposure to debt issued by Swiss lender UBS rose to a decade high on Monday after peer Credit Suisse was caught in the …
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LONDON (Reuters) – The cost of insuring exposure to Britain’s sovereign debt rose by 2 basis points on Wednesday, hitting levels last seen in June 2020 when markets were recovering …
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By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Fund managers are cutting their holdings in Chinese property bonds by half or even more as the sector lurches from crisis to …
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(Reuters) – Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to ‘D’, representing default, following missed interest and principal payments. The South Asian nation, …
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By Karin Strohecker and Jorgelina do Rosario LONDON – Ukraine has asked its creditors for a two year payment freeze on its international bonds in a bid to focus its …
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By Davide Barbuscia and Karin Strohecker NEW YORK – Investors hit by Russia’s debt default may have to settle some of their positions privately if the U.S. Treasury does not …
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HONG KONG – S&P Global Ratings raised Greenland Holdings Corp Ltd by one notch to “CCC” on Wednesday, after the Chinese state-backed property developer completed a one-year maturity extension on …
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TOKYO -Japanese Finance Minister Shunichi Suzuki said on Tuesday that it was “a little difficult” at present to confirm the definite impact on Japan from Russia’s debt default. Suzuki, who …
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By Jorgelina do Rosario and Rodrigo Campos LONDON/NEW YORK – Holders of Russia’s external debt, which Washington says is already in default, face unusual circumstances: Moscow has the funds and …
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LONDON – Russia’s finance ministry said on Thursday it had fulfilled obligations on two dollar-denominated Eurobonds “in full” by sending interest payments in roubles to its National Settlement Depository, in …
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LONDON – President Vladimir Putin signed a decree on Wednesday to establish temporary procedures aimed at fulfilling Russia’s foreign debt obligations as the country teeters on the brink of default. …
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By Mike Dolan LONDON – If indeed there is an economic hurricane coming, then someone should shake the junk bond market. JPMorgan boss Jamie Dimon publicly fretted last week that …
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(Reuters) – Flagging escalating fears it may default on some corporate debt, Russian e-commerce player Ozon said it has increased its capital expenditure and seen free cash flow turn negative …
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School and Owner Pay Over $1 Million to Resolve Allegations of Attempts to Improperly Influence the School’s Student Loan Default Rate
by DOJ PressVanessa Roberts Avery, United States Attorney for the District of Connecticut, today announced that CAREER TRAINING SPECIALISTS, LLC, doing business as STONE ACADEMY, and its owner, MARK SCHEINBERG, have paid …
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By Karin Strohecker and Sujata Rao LONDON – Russia edged closer to a historic debt default on Wednesday after the United States decided against extending a key license that had …
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LONDON – Goldman Sachs said on Friday it now expects around one third of high-yield China property firms to default in 2022, with stresses on bonds increasingly emerging through maturity …
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By Karin Strohecker and Jorgelina do Rosario LONDON – The prospect of a Russia sovereign default is moving centre stage again with a deadline for a U.S. license allowing Moscow …
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By Padraic Halpin, Conor Humphries and Tim Hepher DUBLIN – Lessors with hundreds of jets stuck in Russia are preparing for what one said would be a “vigorous” pursuit of …
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By Rodrigo Campos and Davide Barbuscia NEW YORK – Russia may have averted default as it announced it had made several overdue payments in dollars on its overseas bonds, shifting …
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(Reuters) – Russia made what appeared to be a late u-turn to avoid a default on Friday, as it made a number of already-overdue international debt payments in dollars despite …
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(Reuters) – S&P Global Ratings cut Sri Lanka’s rating as an issuer of foreign currency debt to ‘selective default’ after the South Asian country missed sovereign bond interest payments, S&P …
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(Reuters) – Russia may face an “orchestrated” default on state debt due to Western sanctions which should not be seen as a technical default, the CEO of Russia’s second-largest lender …
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LONDON -A derivatives panel has ruled on Wednesday that Russia could be in default after it failed to make a payment due on April 4 in U.S. dollars on two …
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(Reuters) – The Kremlin said on Monday that Russia had the resources to pay its debt so there was no objective reason for a default. “There can only be a …
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(Reuters) – Russia will do everything to make sure its creditors receive their money, Finance Minister Anton Siluanov said on Thursday, a day after the country edged closer to a …