DeniseWee
Stories by DeniseWee
China’s HNA meets with banks to chew over 2018 financing
Representatives from eight Chinese banks’ branches in the southeastern province of Hainan, where HNA is based, met with the group.
India: 12 large debtors attract big funds as govt nudges bad debt into spotlight
The assets held by the dirty dozen include Essar Steel, Bhushan Steel and Bhushan Power & Steel.
India’s capital boost for banks to help clear loans: Kotak Investment Advisors’ head
The government’s pledge of capital for beleaguered state banks could make it easier for distressed funds to buy loans.
Zombies propped up as China’s debt swaps surpass $100b
Concerns are rising that undeserving companies are benefiting while households are getting saddled with risks.
UBS Asset Management hiring in China amid race to capture private funds market
Fidelity International in May became the first global asset manager to start a private fund in China, while BlackRock Inc. said this month it is prepa
Singapore’s Noble Group `fighting for its life’ as S&P sees default risk
The 2020 bonds fell to a record low.
Singapore: Noble Group lifeline depends on bank support for $2b loan
Mitsubishi UFJ Financial Group Inc. is said to be arranging the credit facility
US buyout firm Varde to double APAC staff in distressed debt push
Japan, Singapore, Australia and NZ are top distressed debt markets.
