Showing 1 - 8 of 8
Myanmar clears $1bn in overdue debt
Bloomberg News, Published on 28/01/2013
» Myanmar cleared about US$1 billion in overdue debt with the Asian Development Bank (ADB) and World Bank using a bridge loan from Japan, opening the door for increased lending as the country seeks to overhaul its infrastructure.
Cyprus approves capital controls
Bloomberg News, Published on 23/03/2013
» Cypriot lawmakers have approved capital controls and legislation to wind down banks as they scrambled to secure a bailout and avert a financial collapse.
Hanjin ships get stranded in high seas, roiling supply chain
Bloomberg News, Published on 01/09/2016
» SINGAPORE/LOS ANGELES/SEOUL - Hanjin Shipping Co’s vessels are getting stranded in sea after the South Korean container mover filed for court protection, roiling the supply chain of televisions and consumer goods ahead of the holiday season.
Toys ‘R’ Us seeks bankruptcy in the US
Bloomberg News, Published on 19/09/2017
» WILMINGTON, Delaware, US: The flagship American division of Toys “R” Us Inc filed for bankruptcy as the retailer, loaded with debt in a buyout more than a decade ago, failed to keep consumers from abandoning its stores for the lower prices and convenience of online shopping.
Thai Airways debt revamp plan gets support from finmin
Bloomberg News, Published on 03/03/2021
» The Finance Ministry, the largest shareholder of Thai Airways International Plc, signalled its support for a restructuring plan that includes raising fresh capital, a temporary freeze on repayment of borrowings and slashing its workforce by half to return the debt-ridden airline to profit.
Baht reverses losses to claim title as emerging Asia haven
Bloomberg News, Published on 15/02/2022
» The baht is emerging as an unlikely haven in developing Asia as optimism about the nation’s tourism sector buoys inflows.
Evergrande liquidation risk rises after creditor meeting scrapped
Bloomberg News, Published on 25/09/2023
» SINGAPORE- China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.
Evergrande’s billionaire chairman Hui under police surveillance
Bloomberg News, Published on 27/09/2023
» SHANGHAI - The billionaire chairman of beleaguered property developer China Evergrande Group, Hui Ka Yan, has been placed under police control, according to people with knowledge of the matter.