INSIGHT-China pays high price to spare state firm from bankruptcy Reuters The bailout averted what would have been China's first ever bond default and was good news for domestic bond investors, who were reassured that in China even mid-sized state-owned firms can count on "too-big-to-fail" treatment. But for the long term, ... |
Emirati borrowers defaulting on loans up to $1.4 million to have debt forgiven ... - Washington Post
Emirati borrowers defaulting on loans up to $1.4 million to have debt forgiven ... Washington Post State news agency WAM reported Sunday that the president of the Gulf federation is ordering the settlement of personal debts of up to 5 million dirhams ($1.4 million) for citizens in default. The order by Sheik Khalifa bin Zayed Al Nahyan covers ... |
 BBC News | Default Swaps in US at Year's High on Spain Bank Cuts BusinessWeek The Markit CDX North America Investment Grade Index, a credit-default swaps benchmark that investors use to hedge against losses on corporate debt or to speculate on creditworthiness, rose 4 basis points to a mid-price of 122.9 basis points at 4:47 pm ... Bets Against Spain Pile Up as Spectre of Default Looms Spanish Bank Debt Insurance Costs Rise To Records - Markit German Bond Yields Fall to Record After Spanish Bank Downgrades |
Default Swaps in US Decline for First Time in Two Weeks Bloomberg The Markit CDX North America Investment Grade Index, a credit-default swaps benchmark that investors use to hedge against losses on corporate debt or to speculate on creditworthiness, dropped 2.4 basis points to a mid-price of 120.8 basis points at ... Europe Crisis Pushes Default Swaps to Biggest Rise in 8 Months |
Is Michigan in default to City of Detroit for $220M? Lawyers say yes -- and no Detroit Free Press By Matt Helms and Suzette Hackney Detroit's top lawyer advised city officials they could still hold Michigan in default for $224 million in disputed revenue sharing from the state – even though they had been told in 2006 by another city lawyer that ... |
 Bloomberg | Singapore Warns of Europe Default Risk as Economy Expands 10% Bloomberg Singapore's government said the risk of a “disorderly” debt default in Europe can't be ruled out, clouding the outlook for its economy even as growth rebounded last quarter. Gross domestic product rose an annualized 10 percent in the three months ... Singapore Warns of Europe Default Risk as Economy Grows 10% Euro Crisis Poses Threat to S'pore Goverment warns of euro woes even as Singapore grows by 10% |
NCAA notes: Default ends Stanford-Kentucky match Atlanta Journal Constitution Having already been penalized a point and a game in the match for code violations, Jomby was then defaulted to end the match at 6-1, 3-6, 5-4 (default). “I'm sure they made the right decision,” said Kentucky coach Dennis Emery, whose body language ... |
 Bloomberg | Argentina's Petersen Group in default: SEC filing Reuters BUENOS AIRES (Reuters) - Petersen Group has been declared in default of loans it took out to help buy a stake in Argentine oil company YPF, and been ordered to repay what it borrowed immediately, a US regulatory filing shows. Credit Suisse Group AG, ... Eskenazi Family's Petersen Energia Defaults on YPF Loan Argentina's Grupo Petersen must repay loans: CS |
 Kansas City Star | GOP Speaker Boehner threatens default if spending not cut… GalesburgPlanet.com Republican Speaker of the House John Boehner announced Tuesday that he will refuse to approve any increase in the federal debt ceiling without matching spending cuts — essentially threatening to cause the US to default on its debt obligations. Is GOP trying to sabotage economy to hurt Obama? Refocus on US debt issue promises to rattle |
 Sydney Morning Herald | Obama sees 'emerging consensus' on economic fix OneNewsNow The Fitch ratings agency dropped Greece to the lowest possible grade for a country not in default Thursday. Fitch said Greece's departure from the euro "would be probable" if elections next month do not reverse political trends there, ... Euro crisis expected to dominate G8 summit Obama backs Europe growth push Camp David: G-8 Platitudes Don't Solve Anything |
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