The intensifying spat between the US and China could push refinancing costs sky high for corporates in Asia-Pacific heavily exposed to the dollar, S&P Global Ratings warns.
Former Safeway treasurer Bradley Fox said that a primitive version of a blockchain solution saved the grocery chain thousands of dollars in corporate issuance after contagion took root in markets during the financial crisis.
Analysing 803 listed Chinese companies, ANZ concludes that despite a worrying increase in debt levels, China Inc.’s ability to pay off debt has actually improved.
The India Banks Association wants to create a lenders’ consortium to monitor their own debt and ensure borrowers are adhering to pre-agreed rules and patterns.
In an attempt to guide the country’s largest borrowers away from overdependence on bank loans, the Reserve Bank of India has moved to make bank facilities more costly for them.