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In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices suggested, the British bank said in a report.However, in a worst-case scenario, assuming lower proceeds from…
Hong Kong’s leading property developers are accelerating new residential launches, with two major firms unveiling plans to roll out more than 4,300 flats this year…
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World Economy
When US forces launched a strike on the Venezuelan capital and ousted President Nicolas Maduro on Saturday, one of US President Donald Trump’s rhetorical foreign policy threats suddenly turned into tangible reality. In the days that followed, Trump’s repeated…
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Finance & Economics
U.S. Treasury yields held steady on Wednesday as investors keenly awaited the Federal Reserve’s interest rate decision as well as a batch of economic data.At 4:19 a.m. ET, the 10-year Treasury yield was little changed at 4.33%. The 2-year yield was down less than…
Economist Impact
Shares at the Pakistan Stock Exchange (PSX) hit an all-time high of 124,000 points on Wednesday as the proposed federal budget for the upcoming fiscal year was well-received by investors for being “neutral-to-positive”. Maintaining an aggressive stance on…
In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed,…
In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed,…
Residential buildings along the coastline in Nuuk, Greenland, on Saturday, May 3, 2025. Carsten Snejbjerg |…
Economist Intelligence
The U.S. said on Wednesday it had seized a Russian-flagged, Venezuela-linked tanker as part of President Donald Trump’s aggressive push to dictate oil flows in the Americas and force Caracas’ socialist government to become its ally. Having deposed Venezuelan leader…
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In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices…
In a base-case scenario, bondholders may recover just 10.1 per cent of what they were owed, roughly half what already deeply distressed market prices…
Residential buildings along the coastline in Nuuk, Greenland, on Saturday, May 3, 2025. Carsten Snejbjerg | Bloomberg | Getty ImagesLONDON — European stocks are…
As the new year unfolds, China finds itself grappling with strategic pressures fuelled by two US treaty allies at its doorstep – Japan and…