HYFLUX said on Friday that it will need up to two months to sound out all stakeholders before putting a viable restructuring plan to creditors' vote...

[COLOMBO] Sri Lanka's largest party warned Tuesday that the island could default on its debt as Moody's slashed its credit rating and a bitter power struggle dragged into a fourth week...

THE BOTTOM LINE

JUST when it seemed safe not to worry about the next financial crisis, up pops Italy. In Italy, lavish plans may propel next crisis, warned The New York Times. Or, Italy's budget rattles...

[BEIJING] Off-balance-sheet borrowings by Chinese local governments could be as high as 40 trillion yuan (S$7.95 trillion) and amount to "a debt iceberg with titanic credit risks", S&P...

COMMENTARY

US policymakers and world financial markets are surprisingly calm about the deepening Italian economic crisis. Italy's economy is 10 times larger than Greece's. If it fails, the euro cannot...

[PARIS] French supermarket retailer Casino, whose shares have hit by concerns over its debt, said it had rejected an approach from domestic rival Carrefour - something that Carrefour itself denied...

SOUTH Korea's state postal service is planning to buy riskier debt in North America and Europe, as well as seeking foreign infrastructure assets and properties as it looks abroad for better...

IT'S TIME to start buying Chinese sovereign bonds, analysts say...