The news: The Star Entertainment Group has entered a trading pause following reports overnight that the troubled casino operator had been granted additional time by lenders to pay back its debt in exchange for a fee. The context: Lenders are expected to waive debt covenants, which Star has been in breach of, for the June…
Australia’s Star Entertainment Group has obtained a vital debt waiver of AUD 430 million (around $285 million), providing the struggling casino operator with the opportunity to raise additional funds as it grapples with a series of financial challenges. Star Entertainment Obtains Massive Debt Waiver On Tuesday, the company confirmed to investors that it had secured…
A group of three Chinese men kidnapped a compatriot and held him in a guesthouse in Da Nang City, central Vietnam, forcing the victim to call his family in China to repay a debt in exchange for his release. Photo: Da Nang Police According to initial investigations,…
A group of three Chinese men kidnapped a compatriot and held him in a guesthouse in Da Nang City, central Vietnam, forcing the victim to call his family in China to repay a debt in exchange for his release. Photo: Da Nang Police According to initial investigations,…
Disclaimer The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an…
HYDERABAD: BRS working president KT Rama Rao on Sunday described his party’s newly launched ‘Debt Card’ campaign as a “Brahmastra” that has the potential to remove the Congress from power in Telangana. Rama Rao said the campaign would expose what he termed the state government’s failure to meet its guarantees. “The Congress symbol, the “hand”,…
Households in Scotland are chased for missed local authority payments for up to 20 years – despite the equivalent rule in England being just six years. Many Scots are struggling with the cost of living (Image: Getty) Scots could have their council tax debt written off under a Green party proposal to help families trapped…
BANGKOK: The new government proposes 60-billion-baht stimulus, including Let’s Go Halves campaign and state-backed debt relief, to boost economy and support citizens. Prime Minister and Minister of Interior Anutin Charnvirakul (pic) presented the government’s policy to parliament on Sept 29-30, 2025, emphasising that with limited time, no 2026 budget, and a minority government, urgent action…
Sources of the 60-billion-baht Let’s Go Halves fund Paradon explained that the Let’s Go Halves Plus project will use a total budget of 60 billion baht, divided into three groups: State Welfare Card holders: 13 million people will receive an additional 1,700 baht per month, added to the existing 300 baht, giving a…
Online gaming operator Rivalry has concluded its strategic review after completing a private placement and a debt settlement agreement. In April, the company began a probe of its operations, looking to ensure it was “best positioned for continued growth and innovation.” The company’s targets were cost optimisation and activating a “controlled growth strategy.” In an…