(Bloomberg) — Chinese authorities are working on a proposal to help China Vanke Co. plug a funding gap of about 50 billion yuan ($6.8 billion) this year, according to people familiar with the matter, highlighting the government support for the distressed developer. Most Read from Bloomberg Under the plan, regulators would allocate 20 billion yuan…
China Mulls $6.8 Billion Funding Plan to Help Vanke Repay Debt Bloomberg Read the original article here
UNITED NATIONS, FEB 12 (APP/DNA):Pakistan has called for putting “front and centre” financial justice that includes debt relief for developing countries among the priorities of the upcoming Second World Social Summit in Doha, Qatar, as part of a decisive move to build a more just world. “An inclusive, just and equitable international financial architecture is…
In the past five years, three different mortgage brokers have told Dylan Buust that his student debt will make it very difficult for him to get a mortgage for his first home. The 30-year-old physiotherapist from Canberra has spent years madly saving for a deposit. But after studying for two university degrees, his $80,000 HECS-HELP…
Musk, accompanied by Trump, and his son X Musk, speaks during an executive order signing in the Oval Office at the White House on Feb 11, 2025 in Washington, DC. — Getty Images via AFP WASHINGTON (Feb 12): Tech billionaire Elon Musk, who has been tapped by President Donald Trump to lead federal cost-cutting efforts,…
Wednesday February 12, 2025 Mogadishu (HOL) – The Somali government has reached an agreement with the Abu Dhabi Development Fund (ADFD) to settle a longstanding debt of $257 million linked to the former Juba Sugar Factory project, marking a step in the country’s economic recovery efforts. Somalia’s Minister of Finance, Bihi Iman Igeh, and ADFD…
The billionaire is head of the newly created Office of Government Efficiency (DOGE). The billionaire is head of the newly created Office of Government Efficiency (DOGE).Billionaire Elon Musk says the US will go bankrupt without budget cuts.Musk, who is leading a campaign to cut spending under the newly created Office of Government Efficiency (DOGE), spoke…
Thousands of Australian private businesses have become insolvent over the past 12 months after failing to fulfil ATO tax debts, credit agency data reveals. CreditorWatch analysis of ATO tax debt defaults has revealed that 33.6 per cent of private businesses have collapsed over the last year after failing to address significant tax debts. The research…
Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/coffee-day-enterprises-negotiates-settlement-with-idbi-trusteeship-125021001243_1.html” on this server. Reference #18.19b42e17.1739341427.6a65abea https://errors.edgesuite.net/18.19b42e17.1739341427.6a65abea Read the original article here
IndusInd International Holdings Limited (IIHL) is set to acquire Anil Ambani’s debt-laden company Reliance Capital by February 26, 2025, following the National Company Law Tribunal’s (NCLT) approval of the company’s request, according to a report. During a recent hearing, IIHL confirmed the submission of all definitive documents and the achievement of financial closure necessary for…