The nation, having weathered negotiations with Japan, India and China, hopes the emergency funds from the International Monetary Fund will see it through its debt crisis.
Category: Credit and Debt
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Hedge Funds That Bet on Credit Suisse Rescue Face Uneven Results
Among the funds to bet on the rescue deal were two that specialize in buying the bonds of companies on the brink of bankruptcy.
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48 Hours Till Payroll, $200,000 to Go: Diary of a Bank Failure
The collapse of Silicon Valley Bank set major financial disruptions in motion. It also made one founder’s week a scramble.
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Banking Crisis Hangs Over Economy, Rekindling Recession Fear
Borrowing could become tougher, a particular blow to small businesses — and a threat to the recovery’s staying power.
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WeWork Reaches a Debt Restructuring Deal With SoftBank
The agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.
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Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.
Economists expected inflation and rates to stay low for years. With Silicon Valley Bank’s implosion, Wall Street is starting to reckon with how wrong that prediction has proved.
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How Silicon Valley Bank Sparked Global Financial Panic
While its C.E.O. extolled innovation and the future of tech, Silicon Valley Bank paid less attention to risk management and was caught flat-footed by economic change.
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Wall Street rises on relief over banks and inflation.
A rebound in bank stocks provided a pause in the market panic over the health of the financial system.
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3 Lessons From Silicon Valley Bank’s Failure
Here’s one takeaway: The bank’s extremely online clientele may have contributed to its downfall.
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Biden’s World Bank Pick Looks to Link Climate and Development Goals
Ajay Banga will begin a monthlong “global listening tour” to drum up support for his nomination to be the bank’s next president.
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How to Keep Revenge Spending From Ruining Your Retirement
Once the worst of the pandemic passed, some of us turned from being savers to spenders — setting ourselves up for potential disaster.