Reeves Paves Way for Tax Hikes, Pledges to Cut UK Debt Costs
Chancellor of the Exchequer Rachel Reeves declined to reiterate Labour’s manifesto commitment against broad-based tax hikes, as she…
New World, Vanke Debt Moves Shake Up China’s Property Sector
New World Development Co. and China Vanke Co., two of the most closely watched distressed Chinese property names,…
Thailand’s household debt crisis acts as brake on anemic growth
Billboards, like this one overlooking the expressway in Bangkok, advertise quick cash loans for up to 80% of…
Japan’s $132 Billion Borrowing Binge Reshapes Global Credit
The end of an era of essentially free money in Japan, a flurry of dealmaking and the AI…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
New World Plans $1.9 Billion Debt Swap With Creditor Haircuts
New World Development Co. plans to issue up to $1.9 billion of new debt in an exchange offer…
Troubled Nations Mount Comeback to Debt Markets Amid Yield Hunt
Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite…
Got an extra hour? Here are 8 money-saving financial fixes.
Credit card debt hits record levels Americans are carrying a record amount of credit card debt, and interest…
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets. Payment-in-kind debt, the…
US National Debt Ballooning at $4,800,000 Per Minute, Now Equal To Combined GDP of China, Germany, Japan, India and UK
The US national debt is now as large as the combined gross domestic product (GDP) of the second…
Meta Defies AI Spending Gloom With Its Record-Breaking Bond Sale
Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in…
Japanese Insurers Trim Foreign Debt as Domestic Yields Soar
Rising yields at home are prompting some of Japan’s biggest life insurers to boost domestic bond holdings and…