China's troubled property sector to face more debt defaults
By Xie Yu HONG KONG More debt defaults are likely to emerge in China's property sector as troubled
2023-10-20 18:22
Corporate defaults jump, highest August monthly tally since 2009 - S&P
LONDON The number of new corporate defaults globally reached 16 in August, the highest August monthly number since
2023-09-13 19:48
Country Garden dodges default by making last minute debt payments, state media reports
Country Garden, the embattled Chinese real estate firm, made late interest payments on two US dollar bonds shortly before the end of a 30-day grace period, avoiding an imminent debt default, according to multiple state media reports.
2023-09-05 15:23
Europe's banks are bracing for a wave of defaults
Some of Europe's biggest banks are setting aside more cash to absorb potential losses on loans, as rising interest rates increase pressure on borrowers.
2023-07-28 00:21
Biden hails debt ceiling deal as 'crisis averted'
The US president said he will sign the debt deal into law on Saturday.
2023-06-03 07:47
Debt ceiling deal heads to US Senate for approval
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-02 00:18
Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.
2023-06-01 10:26
US default probability at lowest since January - MSCI
NEW YORK The probability of a U.S. default has declined to its lowest since January, according to MSCI
2023-05-31 23:51
Default wave imminent, will peak in 2024- Deutsche Bank
LONDON A wave of debt defaults by companies in the United States and Europe is imminent, due in
2023-05-31 22:28
This is the calamity Washington is trying to avoid with a debt ceiling deal
As debt ceiling drama in Washington continues to unfold, the US could reach a day when it can't meet its financial obligations. In the debt limit fight, a missed payment is different than a debt default.
2023-05-28 17:20
From your 401(k) to bonds, here's how to protect your financial well-being as debt default worries grow
Treasury Secretary Janet Yellen earlier this week reaffirmed Thursday June 1 as the deadline for the government to act. But with that X-date only one week away, there's still no deal to raise the debt ceiling -- putting Americans' finances in danger.
2023-05-28 03:56
Why it's so hard to pinpoint the X-date, when the US defaults
For weeks, Treasury Secretary Janet Yellen has been consistently telling lawmakers to act soon because the X-date, when the US could default, could occur as soon as June 1. Now, with June 1 days away, everyone is hoping for a reprieve and that the X-date will slip.
2023-05-27 20:28