The developer had been planning to use presale funds due to pay $29.5 million in interest on the bond that was required to be repaid last month

Chinese investors are pumping funds into bonds, deposits and the money market, as Covid lockdowns slow the economy – and stock markets slump

The move is aimed at helping companies better manage their debts and protect investors' interests, the National Association of Financial Market Institutional Investors said

The central bank risks upsetting the public as the weak yen drives up the price of imported goods going into Japan's upper house election expected on July 10

Onshore bondholders of Hengda's 7% 2026 bond have agreed to delay the coupon payment to October 27, Hengda said in a filing

Investors are "ditching China on an unprecedented scale", because of Beijing's zero-Covid policy, the global rise in interest rates, and sanction risks from Russia's war in Ukraine, it says

China extends more loans for green financing than anywhere else in the world but one Chinese expert says they need to tap into offshore investors

Total revenue in the January-March quarter surged 32.1% from the same period last year to 501 trillion rupiah, while spending fell 6.2% to 490.6 trillion rupiah

Quantitative Tightening could hit weaker economies with high debt levels and “cause a ripple of sovereign debt crises around the world that disrupts markets” and affects developed nations

Brokerage and data provider E-House China said it continues to explore ways to secure the requisite funds to repay the 2022 Notes on the maturity date

Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says

Crisis-hit Sri Lanka has halted all its foreign debt payments so it can use its shrinking hard currency reserves to buy food and fuel