EV startup Fisker slashes prices of Ocean SUV amid debt troubles By Reuters
[ad_1] (Reuters) – Electric-vehicle startup Fisker (NYSE:) said on Wednesday it was cutting the prices of its electric Ocean SUV, signaling an attempt by the...
Bondholder group ‘firmly opposes’ China developer Shimao’s debt revamp proposal By Reuters
[ad_1] By Clare Jim and Xie Yu HONG KONG (Reuters) – A group of major bondholders of defaulted Chinese developer Shimao Group said on Wednesday...
Real Estate Pain Is Showing Up in Collateralized Loan Obligations (CLOs)
An obscure investment product used to finance risky real estate projects is facing unprecedented stress as borrowers struggle to repay loans tied to commercial property...
MicroStrategy taking on debt to buy Bitcoin adds risk to crypto rally – JPMorgan By Investing.com
[ad_1] has expanded its last year’s momentum into 2024, with the BTC price blasting above the $72,000 mark earlier in the week, hence touching a...
Banks With Heavy Commercial Property Exposure See Bonds Get Hit
Bond investors have punished banks with heavy exposure to commercial real estate, potentially adding even more pressure to the lenders’ profits as Wall Street scrambles...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
Analysis – Country Garden faces heat from liquidation suit to get cracking on debt revamp talks By Reuters
[ad_1] 2/2 © Reuters. A view of an under-construction residential development by Country Garden in Shanghai, China February 29, 2024. REUTERS/Nicoco Chan 2/2 By Marc...
Stock Market: Selling Shares Becomes Cheaper Than Issuing Debt
For the better part of a decade, Bryan Riggsbee did what countless other finance chiefs, both in the US and beyond, had done when their...
Explainer-Country Garden: How bad are its debt problems? By Reuters
[ad_1] © Reuters. Workers walk out of a construction site of residential buildings by Chinese developer Country Garden, in Tianjin, China August 18, 2023. REUTERS/Tingshu...
Earnings call: Lamar reports solid year, plans to pay down debt in 2024 By Investing.com
[ad_1] © Reuters. Lamar Advertising Company (NASDAQ:) has announced its fourth-quarter earnings for 2023, revealing steady performance with a record adjusted EBITDA margin and a...