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Intrum files for bankruptcy in US to restructure $4.5 billion debt pile

(Reuters) - Intrum, Europe's biggest debt collector, on Friday said it had filed for Chapter 11 bankruptcy in the United...

China approves $840B plan to refinance local government debt, boost slowing economy

BEIJING (AP) — China on Friday approved a 6 trillion yuan ($839 billion) plan to help local governments refinance their...

Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt

COPENHAGEN (Reuters) - Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States...

Thames Water presses on with creditor talks as time to resolve debt evaporates, sources say

By Andres Gonzalez, Paul Sandle and Anousha SakouiLONDON (Reuters) - Thames Water is pursuing talks with some of its creditors about a 1 billion...

Marxist Dissanayake wins Sri Lanka’s presidential election as voters reject old guard

COLOMBO, Sri Lanka (AP) — Marxist lawmaker Anura Kumara Dissanayake won Sri Lanka’s presidential election, according to data released by the Election Commission Sunday,...

Sri Lankans vote in a presidential election that will decide how it recovers from economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lankans began voting Saturday in a presidential election that will determine the course of the country's recovery from...

Sri Lankans vote in a presidential election that will decide how it recovers from economic crisis

COLOMBO, Sri Lanka (AP) — Sri Lankans began voting Saturday in a presidential election that will determine the course of the country's recovery from...

Sri Lankans Vote in Tight Race That Puts IMF Funding at Risk

(Bloomberg) -- Sri Lanka’s 17 million voters head to the polls Saturday to elect a president two years after an economic meltdown and a...

New Thai PM Paetongtarn to Prioritize Tackling $474 Billion Household Debt

(Bloomberg) -- Thailand’s new government plans to expedite a sweeping debt restructuring to tackle an estimated $474 billion of household liability, offer financial assistance...

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