Debt
OK Lim has accepted judgement debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcyEMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil...
OK Lim has accepted judgment debt of over US$3.5 billion, but creditors will likely claw back much less
The 82-year-old and his children, Evan Lim and Lim Huey Ching, are planning to file for bankruptcyEMBATTLED Hin Leong Trading founder Lim Oon Kuin – the former Singapore oil...
Saudi Aramco raises US$3 billion from second debt sale since July
State oil giant Saudi Aramco has raised US$3 billion from two-part Islamic bonds, or sukuk, tapping the debt markets for the second time this year as it expects to...
Global debt hits record US$312 trillion, climate finance a challenge, banking trade group says
Global debt hit a record high of US$312 trillion at the end of the second quarter, driven by borrowing in the United States and China, while a key debt...
Meituan raises US$2.5 billion in dollar bonds in China’s first tech debt deal of 2024
MEITUAN, China’s biggest delivery platform, has raised US$2.5 billion in a two-tranche US dollar bond deal, according to its regulatory filings on Wednesday (Sep 25), in the country’s first...
German 10-year yield rises above two-year debt for first time since 2022
YIELDS on Germany’s 10-year bond rose above those of its two-year debt on Monday (Sep 23), as soft business activity data drove expectations of more rate cuts by the...
India markets regulator bars Axis Capital from acting as banker for new debt issues
INDIA’S markets regulator on Thursday (Sep 19) barred investment bank Axis Capital from acting as a merchant banker for new debt issues for allegedly violating rules, according to an...
S-Reits with higher floating rate debt, earlier refinancing to benefit sooner from rate cuts
Interest rates are expected to come down this week, when the US Federal Reserve’s monetary policymaking body meetsSINGAPORE-LISTED real estate investment trusts, or S-Reits, that have a lower proportion...
