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Facebook-owner Meta is ending a run as one of the few major firms without debt, launching its first bond sale.
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Facebook-owner Meta is ending a run as one of the few major firms without debt, launching its first bond sale.
US households have continued to take on more debt, in part to deal with soaring prices, a report showed.
A unit of embattled Chinese developer Evergrande has failed to repay its loans and must pay a guarantor $1.1 billion, the company said in...
The World Bank said it would not offer new funding to Sri Lanka unless the bankrupt island nation carried out "deep structural reforms."
China’s troubled property sector suffered another blow this month when frustrated homebuyers stopped making mortgage payments on units in unfinished projects. The boycott came...
Argentina’s new economy minister said Monday the country would honor fiscal deficit goals and other commitments made under a deal struck with the IMF...
The historic default follows a series of unprecedented Western sanctions that have increasingly isolated Russia from the global financial system.
Russia acknowledged Monday that two interest payments on its debt didn't make it to creditors.
Russia said that two of its debt payments were prevented from reaching creditors, pushing the country closer to its first foreign default.
While low-emitting countries in the global south contribute the least to climate change, they tend to be the hardest-hit by the consequences.