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Washington Times Weekly: Debt bomb ticking?
I'm George Gerbo and welcome to Washington Times Weekly, where we get a chance to sit down with our reporters and dig into their coverage…
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Debt
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House Republican Breaks Ranks and Shreds Trump’s “Debt Bomb” Tax Bill
While Republicans managed to pass their budget bill through the House Thursday morning, one GOP representative was not happy, calling it a…
Business
Gold rises as investors grow cautious amid US debt fears
Markets are now pricing in at least 50 basis points of rate cuts this year, with the first one expected in October Gold prices rose on…
News
Debt hawks spar with blue-state Republicans over tentative SALT deal
A tentative deal to quadruple the existing $10,000 cap on the federal deduction for state and local taxes, or SALT, is irritating…
Business
Guinness-owner Diageo plans cost cuts, asset sales to reduce debt
Diageo unveiled a plan on Monday (May 19) to cut US$500 million in costs and make substantial asset disposals by 2028, as the maker of…
Business
FCT to draw on additional debt financing to fund Northpoint City acquisition
The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the…
Business
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on…
Business
WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
WeightWatchers, a 62-year-old health and wellness company that has faced stiff competition from new weight-loss drugs and programs, filed…
Business
Telegram weighs US$2 billion bond sale to refinance 2021 debt
[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance…
News
Student Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could…
Business
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand…
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
News
Debt collectors are going to start hounding student loan borrowers again after OK from Trump’s DOE
The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for…
Business
Metals billionaire Anil Agarwal seeks mining reboot amid debt overhaul, Saudi push
Indian billionaire Anil Agarwal is inching closer to finishing a long-planned breakup of his metals-to-energy conglomerate Vedanta, a move…
News
Trump tariffs spark US government debt sell-off
Michael Race Business reporter, BBC News Confidence in the US economy is plummeting as investors dumped government debt amid growing…
Business
Japan debt deals worth US$678 million pulled as tariffs roil global markets
Three Japanese companies have postponed the sale of US8.43 million worth of yen-denominated bonds in the wake of global financial market…
Culture
Japan debt deals pulled as tariffs hit deals outlook across Asia
Three Japanese companies have postponed the sale of 100 billion yen (S$916.7 million) worth of yen-denominated bonds in the wake of global…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
IMF calls for Thai rate cut to support inflation, ease debt load
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
Business
Thai Airways set to emerge from debt with plan to double fleet
FIVE years after Thai Airways International filed for bankruptcy protection, the state-controlled carrier’s court-appointed debt…
Business
Australia’s Star Entertainment gets potential lifeline as Oaktree offers debt refinancing
Oaktree’s offer is subject to numerous conditions and there is no certainty it will progress Star says STAR Entertainment Group received a…
Business
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank…
Business
Temasek and CenterSquare launch US$100 million commercial real estate debt co-investment vehicle
The portfolio continues a strategy across the global real state investment manager’s debt fund series TEMASEK and CenterSquare Investment…
News
How student loans could change under Donald Trump
President Donald Trump has inherited a federal student loan system that looks considerably different from the one in place when he left…