SHANGHAI: A top performing distressed debt investor says he’s avoiding China Evergrande Group

exchange to lift its classification as a financially distressed firm. Both AirAsia X and its parent

JAKARTA: Distressed state construction company PT Waskita Karya of Indonesia says it won’t be able

JAKARTA: Distressed state construction company PT Waskita Karya of Indonesia says it won’t be able

CLICK TO ENLARGEPETALING JAYA: Household debt is a growing concern and could pose a problem for

World Bank, warning that rising inflation, interest rates and alarming levels of debt distress could

The total amount of external debt for the continent is estimated at$ 417bn( ￡317bn).... Around

HONG KONG: China’s economy descended deeper into a Covid-induced doldrums last month, raising questions about whether Beijing’s planned stimulus measures can prevent a prolonged downturn. Consumer spending and factory output tumbled in April, while growth in infrastructure investment—which Beijing has been counting on to prop up growth this year—slowed sharply, China’s National Bureau of Statistics reported on Monday. China’s headline jobless rate, meantime, surged to a two-year high of 6.1%, fu

Fifteen emerging market( EM) nations now trade with debt at distressed levels, or a risk premium of

the island nation’s US$ 12. 6bil( RM53. 17bil) in foreign debt, according to data compiled by