S&P downgrade indicates Russia headed for historic default
The credit rating agency Standard & Poor's has downgraded its assessment of Russia’s ability to repay foreign debt The credit ...
Tag: Debt
Sanctions-savaged Russia teeters on brink of a historic default
The economic cost of Russia's assault on Ukraine was fully exposed on Wednesday as Vladimir Putin's sanctions-ravaged government teetered on ...
Sanctions significantly increase the chance of Russia’s international debt default, analysts warn
Sanctions imposed on Russia have significantly increased the chance of the country defaulting on its dollar- and other international market ...
Sri Lanka seeks Chinese debt restructuring amid crisis
The president of debt-ridden Sri Lanka has asked China for the restructuring of its loans and access to preferential credit ...
China Evergrande sells entire stake in streaming platform HengTen to ease the debt burden
China Evergrande Group (3333.HK) is selling its entire stake in streaming services firm HengTen Network Group (0136.HK) to raise HK$2.13 billion ($273.5 million), as ...