By Davide Barbuscia, Alexandra Alper and Karin Strohecker NEW YORK/WASHINGTON/LONDON – Investors in Russia’s international bonds face an increasingly uncertain path to recover their money should Russia ultimately default, while …
Topic:
default
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By Marc Jones LONDON – JPMorgan has warned that the combination of Russia’s war in Ukraine and China’s ongoing property crash could see the worst wave of corporate defaults since …
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SHANGHAI – Chinese high-yield property issuers have by one measure defaulted on nearly a quarter of their outstanding bonds this year, Goldman Sachs analysts estimated, highlighting liquidity stress as Beijing …
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NEW YORK – Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in roubles, it would constitute a …
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– The Russian Finance Ministry said on Monday it has sent an order to a correspondent bank for the payment of coupons on eurobonds amounting to $117.2 million, a signal …
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LONDON -Moody’s cut Russia’s credit rating to Ca on Sunday, the second-lowest rung of its ratings ladder, citing central bank capital controls that are likely to restrict payments on the …
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By Walter Bianchi BUENOS AIRES – Argentina has sealed a staff-level agreement with the International Monetary Fund (IMF) for a $45 billion program, which will push looming debt payments down …
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SHANGHAI – China’s banks face rising default risks as a result of higher climate-related costs in carbon-intensive sectors like thermal power, steel and cement, Liu Guiping, vice governor of the …
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– Credit default swap indexes measuring the cost of insuring against European corporate bond defaults jumped on Monday to the highest since early-December as stock markets slumped on the prospect …
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The House on Tuesday voted to lift the debt ceiling by $480 billion, temporarily averting widespread economic calamity after weeks of partisan gridlock and sending the bill to President Joe …
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The Senate Thursday evening temporarily averted a debt default after passing legislation to extend the debt ceiling and cover the nation’s bills until December. The legislation passed 50-48, a day …
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Senate Majority Leader Chuck Schumer announced Thursday that a deal was reached to raise the debt ceiling and avoid a nationwide default. The deal extends the debt ceiling through early …
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CBS 42 Morning News