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Fears of default rise as Country Garden misses bond interest payment
Country Garden is at risk of defaulting on USD 11 bn of outstanding offshore bonds
Rising interest income drives FAB’s record earnings in 3Q
Profits for the quarter jumped to AED 4.3 bn from AED 2.9 bn the year before
New sustainable bond regulations are in the works
The Madbouly government is planning on bringing in USD 5 bn from green bonds over the next five years
Egypt inks debt swap pact with China
Egypt currently owes about USD 8.2 bn to the Chinese
Goldman Sachs and Morgan Stanley take a beating after 3Q earnings release
Morgan Stanley shares fell as much as 7.9% after releasing its 3Q earnings
EBRD to lend USD 50 mn to copper manufacturer UMC
The loan will fund UMC’s FX liquidity for raw material imports
THIS EVENING: FinMin wants to borrow USD 500 mn from Deutsche Bank + ABC this fiscal year
Good afternoon, wonderful people, and happy almost-THURSDAY to us all. The tension that we started this morning with is still…
Morgan Stanley thinks an S&P 500 rebound may be on its way
An S&P 500 rebound “is more likely than not,” said Stanley’s chief US equity strategist
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