China Kicks Off $137 Billion Plan to Tackle LGFV Debt Risk
China has begun a program to allow local governments to swap so-called “hidden” debt for bonds carrying lower
2023-09-28 10:59
London Price Cuts Boost UK Home Discounts to Highest Since 2019
London and southeast England are seeing the biggest UK home discounts as buyers across the country secure the
2023-09-28 07:52
China Sovereign Debt Sales Surge to Test PBOC Liquidity Support
A surge in Chinese sovereign debt issuance is heaping pressure on the central bank to keep funding conditions
2023-09-28 07:23
Asia Stocks to Fall, Treasury Yields Extend Rise: Markets Wrap
Shares in Asia headed for early declines and Treasuries sold off as investors contemplated higher interest rates and
2023-09-28 07:21
US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:55
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:46
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:23
Banks and Private Lenders Vie for $4.2 Billion Debt Deal for Adevinta
Investment banks and direct-lending funds are competing to provide as much as €4 billion ($4.2 billion) of debt
2023-09-27 15:59
Thailand Raises Key Interest Rate to 10-Year High of 2.50%
Thailand’s central bank raised its benchmark interest rate to the highest level in 10 years, as it moved
2023-09-27 15:50
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:29
Nigeria’s New Central Bank Governor Tasked With Reviving Confidence
When Olayemi Cardoso takes full control of Nigeria‘s central bank this week, his biggest challenges will be to
2023-09-27 15:23
India Sticks to Borrowing Plan After JPMorgan Index Inclusion
India’s government maintained its borrowing plan for the remainder of this fiscal year, as higher revenues obviate the
2023-09-27 13:49