Village Roadshow has a mountain of debt which it needs to pay down as quickly as possible. In a statement to the market, the entertainment company said its shares were currently in a trading halt to allow it to “provide information about a potential capital raising”. Its temporary suspension from trading is expected…
The start of trade hostilities between the U.S. and China accentuates an important underlying theme in China’s own economy and the way it affects the world. A big tussle is taking place within China that the leveling of tariffs by Washington and Beijing can only aggravate. That struggle is the effort by China to slow…
Habits are hard to break. Americans tamed their use of credit cards post-recession, but theyve fallen off the wagon. According to a Lending Tree analysis of new Federal Reserve data, Americans are set to amass $4 trillion in consumer debt which includes non-mortgage debts such as personal loans, auto loans and student loans in addition to credit…
If its not possible to cut back on major expenses, then you need to take a look at your smaller expenses, says Berger. Go through the list of expenses in your 50 percent bucket and ask yourself: Do I need this? Can I get rid of it, or can I somehow lower it? If you…
It is not just prisoners who pay a high price for this double punishment. Society does too, through the crimes committed so people can raise money to pay off debts, the cost of the resulting high recidivism rates (keeping a person in jail for 12 months is estimated at $110,000), and in the heavy reliance…
The Federal Governments $2 billion injection into the WA Budget is set to save the States taxpayers from more pain, with Treasurer Ben Wyatt saying the extra cash will help slash debt and deficit. As Liberal MPs used the GST overhaul as a rallying cry ahead of a looming Federal election, the State Government may…
ATHENS (Reuters) – Relief measures agreed with Greeces official creditors to help render its debt load sustainable will help smooth the countrys return to market financing, the Bank of Greece said in a monetary policy report on Monday. People make their way past the Bank of Greece headquarters in Athens, Greece, May 16, 2017. REUTERS/Costas…
THE Federal Governments $2 billion injection into the WA Budget is set to save the States taxpayers from more pain, with Treasurer Ben Wyatt saying the extra cash will help slash debt and deficit. As Liberal MPs used the GST overhaul as a rallying cry ahead of a looming Federal election, the State Government may…
Currently, just 4 percent of employers offer student debt assistance. But that’s changing as more employers come to realize education debt is a problem for many of their workers, said Katie Berliner, account executive at YouDecide, a benefits firm. “In order to attract and retain talent, employers are looking at offering contributions to people’s student…
Second-in-charge This undated photo shows HNA Group co-chairman Wang Jian who fell to his death in France. Photo: HNA Group via AP Wang was second only to Co-Chairman Chen Feng within HNA’s hierarchy, and owned about 15 per cent of the conglomerate, making him one of the group’s biggest shareholders, according to HNA’s last update…