China Fortune Land Development Co. Ltd. and its subsidiaries have defaulted on billions of yuan in debt as the property developer has struggled to scrape together cash amid a tightening
U.S. Corporate Debt Soars to Record $10.5 Trillion U.S. corporations owe 30 times as much debt as 50 years ago, according to BofA Global. Here’s a look at who owns
(Bloomberg) — Despite the coronavirus and millions of jobless claims driving the U.S. economy deeper into recession, the flood of credit card delinquencies that some predicted has yet to materialize.
This is where I believe we start to see the fractures in the economy,that may affect the markets. Business hotel defaults,large Mall bankruptcies,loan defaults,in a few months this start kicking
The crash in international crude prices has not only burnt small Chinese investors who bought wealth management products from one of China’s largest banks but also a listed oil and
(bloomberg) Retail landlords are sending out thousands of default notices to tenants, a situation that could tip already-ailing retailers into bankruptcy or total collapse. Department stores, restaurants, apparel merchants and
Emerging market defaults are coming pic.twitter.com/zlA71zOWoN — Win Smart, CFA (@WinfieldSmart) May 12, 2020 Emerging markets vulnerability pic.twitter.com/YuSo7LAUkl — Win Smart, CFA (@WinfieldSmart) May 5, 2020