EU draft plan targets new bank creditor class to bear losses
European banks would be able to issue a new category of debt that could be wiped out in a crisis only after shares…
Browsing Tag
debt
51% of Egypt’s external debt owed to seven countries: CBE
37.3 percent of Egypt’s external debt comes from the Arab countries, mainly Saudi Arabia, Kuwait, and the UAE, a…
Egypt returns to Qatar $7 bln, pays pack $250 mln debt to Libya
Egypt has returned to Qatar $7 billion dues the Gulf state deposited to help prop up the Egyptian central bank's…
China foreign debt falls as yuan depreciation fears resurface
China's outstanding foreign debt fell by $51.7 billion in the first quarter to $1.36 trillion, the foreign exchange…
Swedish payments firm Klarna taps debt market for the first time
Swedish payments firm Klarna, one of Europe's most highly valued tech startups, said on Monday it had tapped debt…
Puerto Rico Governor suspends payments on infrastructure debt
Puerto Rican Governor Alejandro Garcia Padilla late on Friday declared a suspension of any payments on some debt…
Airbnb gets $1 billion debt facility to fund expansion
Apartment-sharing startup Airbnb Inc has secured a $1 billion debt facility from some big U.S. banks to aid its new…
Despite insecurity, Egypt’s banking sector is stable: Moody’s
Despite Egypt's government debt, which accounts for 88% of the GDP, a budget deficit of 11.5%, and 26.3% poverty,…
Japan’s SoftBank plans to sell $7.9 billion in Alibaba stock
SoftBank Group Corp said it will sell at least $7.9 billion of shares in Alibaba Group Holding Ltd - a move that…
Apple plans to sell $1 bln of 30-year bonds in Taiwan
Apple Inc plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar…