-long talks with creditors as it aims to convene meetings with them to vote on a restructuring scheme by

KUALA LUMPUR: AirAsia X( AAX) creditors have agreed to a restructuring that will pay just 0.5% of

Class A and C scheme creditors and 97.6 per cent from its Class B creditors, thereby ensuring the

.... 12 for creditor meetings to vote on the restructuring proposal." To avoid a liquidation and to

BEIJING--China Evergrande, the property developer whose woes helped bring about a slump in the country’s vitally important real estate market, has reported its debts rose further to about$ 340 billion by the end of last year.... Based in the southern Chinese city of Shenzhen, Evergrande was the biggest company to have been caught in a campaign by Chinese regulators to force developers to reduce soaring debts that are seen as a threat to economic stability.... Evergrande’s struggle prompted fea

two Bretton Woods institutions. The meeting came against the background of Zimbabwe's request for an

A high-level review meeting was held on Tuesday with Chief Economic Advisor Krishnamurthy

bondholders – a relatively smaller part of the creditor pool – were promised 100% payment in the

This way Pakistan will never exit the problem.... The creditors should be briefed on the amount of

By Reuters Staff3 Min ReadPARIS( Reuters)-The Paris Club of sovereign creditors called on Friday