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Tag: Default

Crypto
Investments & markets
Voyager Digital, the crypto execution broker, has just filed for bankruptcy. Add this failure to the list of cascading failures in the digital space. Unfortunately, with no...
Investments & markets
News
Shimao Group, another large Chinese real estate developer, has followed Evergrande in bankruptcy after failing to make a bond payment. The Chinese real estate bubble is bursting,...
Investments & markets
News
With massive withdrawals and no central bank to come to its rescue, Sberbank Europe is defaulting. Its London-listed stock is down 70%. The holding is owned in...
Investments & markets
News
China Evergrande Group has officially defaulted on $82 m of coupons. Kaisa Group failed to repay a $400 m bond a few days before. What happens now?...
Investments & markets
News
WSJ: The descent into default "is unlikely to cause much market turbulence." No doubt, a $300 bn default will be a walk in the park...???...
Investments & markets
News
This is not good. If you wanted a trigger for a recession, this could be it. Standard & Poor's says that Evergrande will default - it cannot...
Investments & markets
News
Evergrande, China's second largest real estate, will default on bond payments in the coming days. The company, bloated with $300 bn of debt, is typical of...