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  • November 1, 2014
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Results 1 - 10 of 15326 for debt

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  1. Business - Economy - MACROSCOPE

    Korea risks economic own goal as stimulus fuels debt binge

    Posted Oct 28th 2014, 05:42am by Reuters

    ... as stimulus fuels debt binge South Korean households are piling on debt at the fastest rate in eight years, thanks to big-bang stimulus launched by the new finance minister. But as global growth ... in July, analysts say, and immediately set about re-energising the economy with an US$11 billion-plus stimulus package. The impact has been seen in the debt binge by Korean households, which ...

  2. News - World

    Red period for Paris' Picasso museum, reopening late and deep in debt

    Posted Oct 23rd 2014, 10:14pm by AFP

    ... Agence France-Presse in Paris Deep in debt and three years late, Paris gallery reopens under new chief after renovation Picasso museum enters red period After a top-level sacking, harsh words from the artist's son, delays and a huge budget overrun, Paris' Picasso museum reopens its doors tomorrow amid the fallout from a fraught US$71 million renovation. Five years ...

  3. Business - China Business - DEBT

    Municipal bonds may be used to clear up debts by local governments

    Posted Oct 22nd 2014, 05:28am by Reuters

    ... by the Ministry of Finance on local government debt proposes letting them issue bonds to replace borrowings taken through opaque financing vehicles, according to people who have seen the draft. ... government debt, much of it raised by local government financing vehicles (LGFVs) to finance infrastructure and real estate projects. This lending was originally encouraged by Beijing to stimulate ...

  4. Property - Hong Kong & China - DEBT

    More mainland developers face debt problems

    Posted Oct 16th 2014, 05:51am by Bloomberg

    ... Bloomberg Agile Property latest firm struggling with debt repayments with its bonds the worst in market More mainland developers face problems The weakest developers on the mainland are getting weaker as Agile Property Holdings became the latest company to struggle with debt repayments. The number of publicly traded real estate firms with liabilities exceeding equity jumped ...

  5. Business - Companies - PROPERTY

    Detention of chief at property firm Agile spooks market over debt

    Posted Oct 13th 2014, 11:11am by Peggy Sito, Langi Chiang

    ... Peggy Sito and Langi Chiang Share price plummets as house arrest of Chen Zhuolin raises doubts on loan due in December Agile chairman's detention spooks market over debt Confirmation that Agile Property chairman Chen Zhuolin has been detained in China has deepened investors' concerns over the cash-strapped developer's ability to repay a US$475 million offshore loan ...

  6. Property - International - PROPERTY

    Singapore home builders face looming debt as prices drop

    Posted Oct 13th 2014, 04:02am by Bloomberg

    ... Bloomberg in Singapore Borrowings due within a year come as slowing economy and high vacancy rates push home prices to their lowest in almost two years Singapore builders face S$23 b debt ... on Singapore's stock exchange reported a combined S$23.5 billion (HK$142.9 billion) of borrowings that have to be repaid within a year in their latest filings. The looming debt comes as the vacancy rate ...

  7. Business - China Business - BONDS

    Chaori Solar Energy gets debt guarantee from mainland 'bad bank'

    Posted Oct 09th 2014, 05:43am by Bloomberg

    ... Bloomberg in Shanghai State-backed fund will help Chaori with debt repayments after solar firm defaulted on bonds Chaori Solar gets debt guarantee from 'bad bank' Shanghai Chaori ... debt. China Great Wall Asset Management, one of the four so-called "bad banks" that the central government set up in 1999, would guarantee as much as 788 million yuan (HK$995 million) ...

  8. Business - Banking & Finance

    American banks holding record US$1.99 trillion in government debt

    Posted Oct 07th 2014, 05:25am by Bloomberg

    ... in government debt American banks are loading up on US government debt, a sign they remain cautious on the economy even with the jobless rate at a six-year low and corporations at their healthiest in a generation. Commercial lenders increased their holdings of Treasuries and debt from federal agencies by US$54 billion last month to an unprecedented US$1.99 trillion, US Federal Reserve data shows. ...

  9. Business - Banking & Finance

    Beijing to set quota on local government debt

    Posted Oct 03rd 2014, 04:22am by Bloomberg

    ... Bloomberg in Shanghai Local governments banned from seeking extra funds through financing vehicles Beijing to set debt quota to limit risk Beijing will cap the amount of debt local ... Beijing would not bail out local authorities, who would be held responsible for repaying their debt, it said. China's borrowing spree since the global financial crisis has prompted economists ...

  10. Business - Banking & Finance - REGULATION

    UK short term lender Wonga forced to write off £220m debt after overhaul

    Posted Oct 03rd 2014, 04:22am by Reuters

    ... Reuters in London Wonga forced to write off debt worth £220m British short-term lender Wonga is writing off the outstanding debt for around 330,000 customers at a cost of about £220 ... and will mean some existing customers would no longer be able to borrow from it. It will write off all the debt of customers who are in arrears for 30 days or more. A further 45,000 customers who ...




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