LONDON, Nov 5 - A global economic recovery and extensive support for emerging markets from multilateral lenders have driven up distressed debt prices, making the market more attractive for emerging sovereign borrowers to restructure debt....
WASHINGTON, Nov 3 - Global interest rates will need to rise by up to 2 percentage points to rein in increasing debt levels in major advanced economies, the International Monetary Fund said on Tuesday. In...
* Losses widen on stronger-than-expected economic data * Oct ISM manufacturing, Sept construction spending rise * Sept pending home sales higher than forecast * Stock gains damp desire for safe-haven government debt * Market focused...
* Deutsche doubles provisions for problem loans * ANZ unwilling to call end to bad-debt cycle * South Korea's KB sees bad debt charges falling * Chinese banks' lending growth slowed in Q3 * European...
* Deutsche doubles provisions for problem loans * ANZ unwilling to call end to bad-debt cycle * South Korea's KB sees bad debt charges falling * Chinese banks' lending growth slowed in Q3 * European...
* ANZ unwilling to call end to bad-debt cycle * South Korea's KB sees bad debt charges falling * Deutsche doubles provisions for problem loans * Banks cautious on fragile recovery AMSTERDAM/SYDNEY, Oct 29 -...
* ANZ unwilling to call end to bad-debt cycle * South Korea's KB sees bad debt charges falling * Banks cautious on fragile recovery * ANZ shares down 2.1 percent, KB Financial drop 2.6 pct...
BUENOS AIRES, Oct 28 - Argentina's Congress passed on Wednesday a law allowing provinces to issue debt to ease tight financing, at a time when some provinces are having trouble meeting payroll and paying suppliers...
* H2 cash profit rises, in line with forecasts * Bank to focus on costs, conservative capital management (Adds CEO quote, details on bad debt charges) SYDNEY, Oct 28 - National Australia Bank Ltd <NAB.AX>,...
* Y800 bln negative net worth seen in liquidation -source * Seeks Y300 bln capital from public, private funds -source * Task force wants to tap out-of-court debt workout -source * PM to make final...