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How rising US debt could compound into a crisis, according to ‘bond king’ Jeffrey Gundlach

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US debt problems will be felt in the coming years, Jeffrey Gundlach wrote for The...
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Exclusive-Country Garden submits offshore debt restructuring plan to creditors, sources say

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By Xie Yu and Clare Jim HONG KONG (Reuters) - Country Garden submitted the preliminary terms of its offshore debt...
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Intrum files for bankruptcy in US to restructure $4.5 billion debt pile

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

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

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

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

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

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

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

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

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COLOMBO, Sri Lanka (AP) — Marxist lawmaker Anura Kumara Dissanayake won Sri Lanka’s presidential election, according to data released by the Election Commission Sunday,...
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Sri Lankans vote in a presidential election that will decide how it recovers from economic crisis

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

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

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

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

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

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(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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