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Corporate bonds

UK’s Thames Water’s troubles mount as credit rating cut to junk

by Walter Watson
UK’s Thames Water’s troubles mount as credit rating cut to junk

Simon Dawson | Bloomberg | Getty Images Britain’s largest water provider Thames Water suffered a blow in its battle to avoid renationalisation on Wednesday as credit rating firm Moody’s downgraded …

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How Wall Street is playing fixed income in the second half of the year

by Ron Morgan
How Wall Street is playing fixed income in the second half of the year

Fixed-income investors may want to consider making a few tweaks to their portfolio as the second half of the year gets underway. Despite earlier predictions of multiple interest rate cuts …

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Vietnam mounts ‘unprecedented’ $24 billion rescue for bank engulfed in giant fraud, documents show

by Walter Watson
Vietnam mounts ‘unprecedented’  billion rescue for bank engulfed in giant fraud, documents show

Vietnamese property tycoon Truong My Lan, center, looks on at a court in Ho Chi Minh City on April 11, 2024. STR | AFP | Getty Images Vietnam has mounted …

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Retailers like Peloton, Saks, Express are late on vendor bills

by Anas Siddiqui
Retailers like Peloton, Saks, Express are late on vendor bills

A person walks past a sales advertisement at Saks Off 5th department store ahead of the Thanksgiving holiday sales in Washington, D.C., on Nov. 21, 2023. Saul Loeb | AFP …

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China pushes banks to speed up approvals of new loans to private developers: Reuters

by Walter Watson
China pushes banks to speed up approvals of new loans to private developers: Reuters

Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment …

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New, used car prices are cooling. Here’s what auto shoppers can expect

by Horatio Thompson
New, used car prices are cooling. Here’s what auto shoppers can expect

Maskot | Maskot | Getty Images After a year of supply shortages and climbing borrowing costs, 2024 is shaping up to be a better time to buy a car. The …

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Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

by Walter Watson
Deutsche Bank to file liquidation suit against Chinese developer Shimao, Reuters reports

Deutsche Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move by a foreign firm that comes amid rising …

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Corporate bond yields are still attractive. What experts say to look for in 2024

by Walter Watson
Corporate bond yields are still attractive. What experts say to look for in 2024

While corporate bond yields have moved down off their highs, investors will still be able to snap up some juicy income next year, experts believe. Investors have been buying up …

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Should you buy a car in 2024? What to expect

by Horatio Thompson
Should you buy a car in 2024? What to expect

Maskot | Maskot | Getty Images Both new and used car purchases were expensive for drivers this year, as limited inventory and high borrowing costs affected affordability. “Interest rates have …

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Chinese property developer Sunac says it’s met restructuring conditions

by Walter Watson
Chinese property developer Sunac says it’s met restructuring conditions

A booth of Sunac China is seen at a housing fair in China, May 16, 2014. Developer Sunac China missed the deadline for coupon payments on a $742 million offshore …

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