SoftBank mobile IPO would help rein in debt and diversify funding – Nikkei Asian Review

TOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…

SoftBank mobile IPO would help rein in debt, diversify funding – Nikkei Asian Review

TOKYO — By publicly listing wireless subsidiary SoftBank, SoftBank Group would likely be able to rein in its rising debt and diversify its funding channels, in addition to streamlining its operational structure made more complicated by a string of big investments. The Japanese technology giant has burned through cash in recent years with such deals as the…

Oil price hike, surge in debt issuance help GCC avert sharp cut in reserves – Khaleej Times

GCC countries were able to avert an otherwise sharper deterioration in their international reserves on the back of an increase in oil prices and a subsequent positive impact on current account balances, Moody’s Investors Service said on Monday. Large sovereign external debt issuance valued at $49.3 billion in 2017, up more than $10 billion from…

Hospitals in Colombia in debt as desperate Venezuelans seek medical help – Colombia Reports

Hospitals in eastern Colombia are facing increasing financial woes due to the thousands of Venezuelans that have sought emergency medical help abroad, local media reported Sunday. According to Radio RCN, hospitals in the border provinces have attended more than 25,000 Venezuelan citizens who have been unable to receive medical attention at home. The regional governments…

Can the EU help collect student debt owed to Denmark? – The Local Denmark

A European Court trial could decide whether authorities in the union can help Denmark to collect outstanding student loans from EU citizens. But the issue remains complicated. Though increasing numbers of EU citizens are drawing Danish state student loans, (statens uddannelsesstøtteslån or SU-lån in Danish), the Copenhagen government remains unable to determine whether debts…