Browsing Category
Repay debts
Household debts in India were skyrocketing even before the pandemic made matters worse
The number of Indian households in debt and the amount they owed increased between 2012 and 2018, making these families more likely to fall into the debt trap, shows an analysis of the latest government data by Dvara Research, an…
CX Daily: The volatile cocktail shaking the “Baijiu” market in China
Liqueur /
In detail: the volatile cocktail that shakes the Chinese “baijiu” market
The New CEO of the World's Most Valuable Liquor Company means business.
At a shareholders' meeting last month, the new chairman of Kweichow Moutai Co.…
Exclusive: Seven investors in Unigroup buyout talks
Tsinghua Unigroup Co. Ltd. is in talks with seven strategic investors, including state-owned China Electronics Corp. and e-commerce giant Alibaba Group, Caixin learned.
The talks suggest that the restructuring of the once…
Unprofitable Cypriot banks must increase performing loans and reduce sales of NPL
By Les Manison
Comparative data for the second quarter of 2021 released by the ECB as part of its Single Supervisory Mechanism reveals that the three largest Cypriot banks performed poorly compared to most of their euro area counterparts.…
Real Debt and Desperation Behind Netflix’s “Squid Game”
SEOUL - The calling card, thrown with expert precision from a motorcycle as she pulled away, landed at Park Chui-woo's feet as he neared the end of his wits. The brightly colored card advertised quick loans with low interest rates,…
Half of China’s top developers have crossed Beijing’s “red lines”
You see a snapshot of an interactive chart. This is most likely because you are offline or JavaScript is disabled in your browser.…
Chinese property developers’ defaults rise as they face debt crisis
Evergrande group photo: CFPA few Chinese real estate developers, including Evergrande Group, CFLD and Tahoe, are facing liquidity problems, according to data released Wednesday by CRIC, a real estate research center.Data showed that as of…
Senate draws closer to deal to lift debt ceiling until December
Praying for Republicans to fold was an even riskier game for Democrats, given the stakes. If, for the first time, the US government could not meet its obligations to international lenders, its role as a safe haven for the global economy…
Biden to overhaul student loan system, cut costs by more than 500,000
The administration of US President Joe Biden has announced measures that will allow 550,000 Americans to almost write off their student loan debts, according to reports.The Education Department, in a statement on Wednesday, said it was…