Tag: default

The markets could always be comfortable in the knowledge that China’s titanic state-owned enterprises had the backing of the government. But is all that changing?

Popular with carmakers with networks of suppliers in the 80s and 90s, supply chain finance, thanks to fintech, is now financial engineering on steroids. What could possibly go wrong?

Tewoo's debt restructuring breaks the market's assumption that offshore creditors will get full repayment in debt workouts. Investors in China's SOEs need to brace for more defaults

India’s stricter debt recovery rules will impose internal scrutiny on corporate’s directors and guarantors, as the new rules make loans to violators ‘impossible’.

Malaysia's finance ministry announced a new goods and service tax (GST) that will be implemented in 2015; The Reserve Bank of India expanded its definition of willful defaulters; and Singapore has issued a consultation paper on changes to deposit insurance.

Six new enforcement agencies will be set up in India to help banks recover debt by selling the defaulter’s asset. The move is a sign of the new government’s harsher stance on bad loans.