China’s credit growth held steady in September, with rapid government bond issuance to fund infrastructure projects and stronger mortgage lending offsetting a decline in the value of new bank loans.
A key unit of collapsed UK caravan giant RoyaleLife was placed into administration this week, as a fight heats up among debtors owed hundreds of millions of pounds.
A rapid growth in unsecured personal loans at Indian lenders may soon become a headache amid deepening concerns over the rising risk of defaults among households, according to UBS Group AG.
The No. 1 wireless provider for the past 15 years, Verizon is rapidly ceding market share to its rivals. Can a bookish company veteran turn it around?
Egypt expects to borrow at least $1.5 billion before the end of this year, Finance Minister Mohamed Maait said, largely by looking to tap Asian capital markets as part of debt issuance guaranteed by development institutions.
China’s economy still has a ways to go before it’s out of the woods.
Germany is doing everything it can to bolster its struggling economy and prevent it from becoming the “sick man” of Europe, according to Finance Minister Christian Lindner.
JD.com Inc. slumped to a record low in Hong Kong as Wall Street brokerages turned bearish on the stock and rumors swirled that a businessman with the same surname as the company’s chairman had been arrested.
(Bloomberg) — The International Monetary Fund’s chief set an ambitious target to reduce the time needed to agree on deals to help poorer nations in debt distress, following criticism it’s been taking too long to aid the world’s neediest nations.
Deutsche Bank AG Chief Executive Officer Christian Sewing said commercial real estate is facing tough times in the years ahead after central banks raised interest rates more than expected to combat inflation.
