Chips still down at casino group as loss narrows

Star Entertainment posted a $307.3 million loss in year to June 30, and touted more accountability. (Russell Freeman/AAP PHOTOS) Star Entertainment is on the road to “suitability” after narrowing its full-year loss, as it navigates debt refinancing, new major shareholders and licensing issues. The casino company posted a $307.3 million loss in the year to…

Nocookies | News24

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Stablecoin demand supports Treasury bills, not long bonds

Stablecoin demand is becoming consequential in the U.S. government debt market, but the maturity of that demand matters more than the headline total. Washington now has two debt-market stories running at once. The federal framework for permitted payment stablecoins channels reserves into cash-like instruments and Treasuries with no more than 93 days remaining. Farther out…

AbaQulusi launches debt relief scheme for residents

AbaQulusi Local Municipality invites consumers with outstanding debt to participate in a payment incentive scheme approved by council. The scheme came into effect on August 1, 2026, and offers qualifying consumers the opportunity to have 70% of their eligible outstanding debt written off after paying 30% of debt older than 60 days. Consumers must enter…