S&P Warns of EM Company Defaults With $47 Billion Due Annually - BNN Bloomberg

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S&P Global Ratings warned of the risk of company defaults in emerging markets, as firms struggle to stomach higher funding costs.

South Africa’s Kganyago Sticks with Hawkish Tone on InflationS&P Warns of EM Company Defaults With $47 Billion Due AnnuallyUkraine Recap: Russia Launches Drones; Biden Plans Speech on AidOil Steadies After Tumbling Almost 6% on Rising Demand RisksPhilippine Inflation Quickens to 4-Month High as Rice Costs SoarFood Inflation Is Still High Around the WorldAfrica’s Top Lender Names Vilakazi as Its First Female CEOOil Subsidy Rollback Set to Help Region-Beating Malaysian BondsSri Lanka Cuts...

1 per cent in September as higher rates biteHow rate hikes have sparked debate on the causes of inflation and how to fight itFrequent price increases by businesses contributing to sticky inflation: BoC officialThis is the Canadian city where rental affordability has worsened the most70% chance of a soft landing, former Bank of Canada governor saysThe Daily Chase: Laurentian Bank names new CEO; First Q4 trading dayHomeowners brace for mortgage payment shock amid higher-for-longer rate...

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