Angle: Energy crisis hits Germany, wave of corporate bankruptcies spreads | Reuters

FRANKFURT / MUNICH (Reuters) – Düsseldorf-based toilet paper manufacturer Hakure was founded in 1928. However, due to the sharp increase in gas prices this summer, the company went bankrupt. Hakure is a long-standing company founded in 1928, which manufactures toilet paper located in Düsseldorf, Germany, on September 20. However, due to the sudden increase in […]

China Evergrande Group’s international creditors attract up their personal credit card debt restructuring approach = FT | Reuters

International cash holding the corporate bonds of China Evergrande Team, a important property developer in China, have appear up with their have credit card debt restructuring plans. He asks the chairman of the organization, Hsu Jiayin, to repay the personal debt with his have cash. FILE Photograph: Shenzhen, China September 2021. REUTERS/Aly Music (Reuters) – […]

Sri Lanka Involvement in Debt Restructuring, Benefits to China = US Treasury Secretary | Reuters

US Treasury Secretary Janet Yellen emphasized on July 14 that China is Sri Lanka’s “significant creditor” and that any involvement in Sri Lanka’s debt restructuring would benefit both parties. Representative photo taken in Bali, Indonesia on the same day (2022 Reuters) [Nusadore (Indonesia) 14th Reuters]-US Treasury Secretary Janet Yellen emphasized on the 14th that China […]

Russia pays interest on dollar-denominated sovereign debt $ 440 million = sources | Reuters

The interest payment process for Russia’s 2030 dollar-denominated government bonds has been processed by JPMorgan Chase, an intermediary bank. Taken in October 2018 (2022 Reuters / Maxim Shemetov) [London, 31st Reuters]–Russia’s 2030 dollar-denominated government bond interest payment process has been processed by intermediary bank JPMorgan Chase. A source revealed on the 31st. The interest payment […]

Repurchase of government bonds in the ruble, aiming to eliminate discrimination among Russian investors = Finance Minister | Reuters

Russia’s finance minister, Siluanov, explained on the 30th that the plan to buy back dollar-denominated government bonds aims to eliminate discrimination against domestic bondholders. Taken in June last year. (2022 Reuters / Evgenia Novozhenina) [Reuters]–Russia’s finance minister, Siluanov, explained on the 30th that the plan to buy back dollar-denominated government bonds aims to eliminate discrimination […]