Oct. 6, 2016 8:11 a.m. ET Corporate-bond issuance in emerging markets hit a record high for the month of September, even as worries grew globally over soaring debt levels amid tepid growth. The amount of U.S.-dollar bonds issued by companies in emerging countries almost tripled to $34.7 billion in September from the month before as…
General Electric is on acquisition spree with a focus on industrial business. Focus on industrial business make business-sense considering their competitive strength in the field. The market remains concerned over the end result of the ongoing Group restructuring. General Electric’s (NYSE:GE) history can be traced back to when Thomas Edison consolidated his businesses to form Edison General Electric…
Ballot questions are sometimes confusing. So I want to provide you with more details about Boulder Citys upcoming ballot question. Boulder City Question No. 1 seeks permission for the city to use capital improvement fund money, as it becomes available, to pay down the citys raw water line debt. To understand the purpose of this…
By Francesco Guarascio | BRUSSELS BRUSSELS An external early warning system for companies at risk of insolvency is central to a European Commission’s draft proposal to cut the region’s bankruptcy problem and help banks recoup bad loans. Non-performing loans (NPLs) on the euro zone’s main lenders’ balance sheets neared 1 trillion euros (£0.86 trillion) last…
Guidance on where people in the region with money problems should look for sound financial advice is being launched by the North East branch of insolvency trade body R3. The new guide has been published by R3 in response to reports of increasing numbers of unregulated or unlicensed advisors targeting financially distressed individuals by claiming to…
Adequately designed fiscal measures can help lower the risks of record-high global debt toward global recovery and financial stability, said the International Monetary Fund (IMF) on Wednesday in a newly-released report. “At 225 percent of world GDP, the global debt of the nonfinancial sector — comprising the general government, households, and nonfinancial firms — currently…
By: PTI | Washington | Published:October 6, 2016 2:22 pm IMF said bank loan-loss reserves have fallen short of the expected loss on non-performing loans under the current debt-at-risk in India. (Source: Wikimedia Commons) Indian banks are vulnerable to further decline in profits as they face slow credit growth and elevated non-performing assets, IMF has…
Reports suggest Pascal Duviers company recently filed for bankruptcy (Picture: FameFlynet) A new report has suggested that Kim Kardashians bodyguard Pascal Duvier filed for bankruptcy for his security company ten weeks ago with debts of over 1m. According to Mail Online, the 43-year-old lodged a claim for insolvency for his company ProtectSecurity which has provided security…
Global Financial Stability Report Press Conference – 2016 IMF Annual Meetings October 5, 2016 Peter Dattels, Deputy Director, Monetary and Capital Markets Department Matthew Jones, Chief of the Global Markets Analysis Division, Monetary…
SINGAPORE (Reuters) – A minority investor in Samsung Electronics Co Ltd said on Thursday it supports proposals submitted by U.S. hedge fund Elliott Management for restructuring the South Korean technology giant to improve shareholder value. “We are supportive of restructuring and a higher dividend payout to unlock the value in the business (of Samsung) as…