The decision to stay away from offshore debt markets comes even as central banks double down their efforts to support economies by slashing interest rates
When corporate giants such as Hong Kong's MTR are facing headwinds, you know that everyone's in trouble. CT takes a look at what this might mean down the track
The transaction is the first ESG fundraising in which interest rates can move two-ways, as well as the first that was sold into the US private placement market
There's only one cure for corporate coronavirus shock and that's hefty injections of central bank money. We look at what China is doing to keep liquidity flowing.
There's little doubt that Hong Kong and Singapore are facing tough times, but their banks are quietly confident they're tough enough to withstand the earnings pressure
It seems fitting that China - the first country in the world to invent paper money - should also be the first to go cashless. But could it create more problems, particularly for payments, than it solves?
With low interest rates and easy debt, corporate treasurers have never had it so good. The result is lower covenant quality - it might be fine now, but what are the repercussions?
Tewoo's debt restructuring breaks the market's assumption that offshore creditors will get full repayment in debt workouts. Investors in China's SOEs need to brace for more defaults