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List of All Articles with Tag 'debt'

Fact check: Biden tells three false personal anecdotes in economic speech
Fact check: Biden tells three false personal anecdotes in economic speech
President Joe Biden made three false claims about his own past in a Tuesday speech in Milwaukee.
2023-08-17 07:29
China Evergrande to delay creditors' meetings amid fresh restructuring plan
China Evergrande to delay creditors' meetings amid fresh restructuring plan
Embattled property developer China Evergrande Group on Wednesday resolved to delay its meetings for the Hong Kong CEG
2023-08-16 19:50
Analysis-Country Garden undone by promise to bring 5-star life to China's hinterland
Analysis-Country Garden undone by promise to bring 5-star life to China's hinterland
By Clare Jim HONG KONG China's financially beleaguered property developer Country Garden promised "five-star living" to the masses
2023-08-16 16:49
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
By Summer Zhen and Laura Matthews HONG KONG/NEW YORK Chinese fears of a spillover from missed payments on
2023-08-15 21:18
Country Garden shares slump to record low after onshore bond trading halted
Country Garden shares slump to record low after onshore bond trading halted
HONG KONG (Reuters) -Shares of China's Country Garden plunged more than 12% on Monday morning after the real estate company
2023-08-14 10:15
Nevada GOP Senate candidate raised money to help other candidates -- the funds mostly paid down his old campaign's debt instead
Nevada GOP Senate candidate raised money to help other candidates -- the funds mostly paid down his old campaign's debt instead
Nevada Republican Senate candidate Sam Brown created a political action committee to "help elect Republicans" but most of its funds were spent paying down debt from his failed previous campaign. The group donated less than 7% of its funds to the candidates it was set up to support, according to campaign finance records -- a move one campaign finance expert likened to using the PAC as a "slush fund."
2023-08-12 22:30
Country Garden credit distress likely to spill over to China markets - Moody's
Country Garden credit distress likely to spill over to China markets - Moody's
LONDON Credit distress at Chinese private developer Country Garden is likely to spill over to the country's property
2023-08-11 18:54
China to replace $140 billion LGFV debt with local bonds - Bloomberg News
China to replace $140 billion LGFV debt with local bonds - Bloomberg News
BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the
2023-08-11 16:27
Country Garden shares hit record low on loss forecast, restructuring fears
Country Garden shares hit record low on loss forecast, restructuring fears
By Clare Jim HONG KONG (Reuters) -Shares of China's largest private property developer Country Garden plunged to a record low
2023-08-11 11:24
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG News that big developer Country Garden was not able to make $22 million
2023-08-09 19:54
South Korea household borrowing grows further, countermeasures eyed
South Korea household borrowing grows further, countermeasures eyed
SEOUL South Korea's household borrowing grew in July for a fourth straight month and by the biggest amount
2023-08-09 11:26
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:30
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