China’s Property Crisis Is Rippling Through Its Biggest Banks
China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans creep up.
China’s protracted property downturn is eroding the balance sheets of the nation’s largest state banks as their bad loans creep up.
The dollar is poised for its best quarter since late 2022 as Federal Reserve officials push back against the latest bout of rate-cut wagers.
Sri Lanka is working on a proposal to exchange its existing dollar bonds for new securities and is inviting banks to submit proposals for the transaction.
Vontobel Asset Management is boosting its India local-currency bond holdings, touting their attractive valuations and imminent inclusion in an important set of global bond indexes.
Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth is under control, according to the International Monetary Fund.
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