debt

(May 24): Troubles at Malaysia’s state investment company 1MDB deepened as its officials told the government the fund is insolvent and unable to repay debts that could amount to almost US$7 billion ($9.40 billion) over the next five years.

(May 21): Malaysia is saddled with over 1 trillion ringgit ($339 billion) in debt, Prime Minister Mahathir Mohamad said on Monday, blaming the previous government led by former protege Najib Razak who now faces domestic graft investigations.

(May 11): Mahathir Mohamad said he’d lead a business-friendly administration and seek ways to boost Malaysia’s stock market in his first remarks after being sworn in as prime minister.

SINGAPORE (Apr 5): Singapore Exchange Regulation (SGX RegCo) is urging senior creditors of Noble Group to reconsider the proposal to ensure parity in the treatment of all shareholders.

SINGAPORE (Feb 23): A Singapore shipping company rescued by its chairman just over a year ago faces collapse unless the courts step in, a sign that an earlier slump in oil prices is still reverberating.

SHANGHAI (Jan 24): Strains are spreading in China’s US$15 trillion ($19.8 trillion) shadow banking industry as investors pull back from the debt-like savings products that helped drive leverage to dangerous levels.

SINGAPORE (Jan 5): Global Logistic Properties (GLP) has received approval from the China Securities Regulatory Commission (CSRC) to issue up to RMB 12 billion ($2.46 billion) of RMB-denominated ‘Belt & Road’ (B&R) bonds on the Shenzhen Stock Exchange.

BEIJING (Jan 2): China starts three years of " critical battles" against debt, poverty and pollution in 2018 as policy makers also face rising US interest rates, renewed trade-war threats, and nuclear saber-rattling from North Korea.

(Dec 18): Global A&T Electronics, a Singapore-based chip assembler that took on hefty debt a decade ago through a buyout by TPG Capital and Affinity Equity Partners, filed for bankruptcy as a 2013 debt exchange came back to haunt it.

(Oct 24): Noble Group Ltd.’s sale of its oil business to Vitol Group probably buys the embattled commodity trader time. But even if it survives long enough to complete the deal, there’s still an almighty struggle ahead: the near-inevitable restructuri