News Formal

China property, Russia drive emerging market Q3 corporate defaults - JPMorgan

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

LONDON : Defaults among emerging market companies continued to pile up in the third quarter due to troubles in Russia as well as China's property sector, with the volume of bonds trading at distressed levels close to record highs, JPMorgan said on Tuesday.The year-to-date default rate for emerging market

LONDON : Defaults among emerging market companies continued to pile up in the third quarter due to troubles in Russia as well as China's property sector, with the volume of bonds trading at distressed levels close to record highs, JPMorgan said on Tuesday.

"Russian corporate default activity has been dominated by payment delays and consent solicitations to either extend grace periods or add alternative payment options, which led to inclusion of such bonds in our default metrics," Alisa Meyers wrote in a note to clients.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Debt costs overshadow climate finance in small island states: ReportLONDON - Small developing island states heavily exposed to the effects of climate change and often in critical debt situations spend at least 18 times more on debt servicing than they receive in climate finance, a report showed. Read more at straitstimes.com.
Källa: STForeignDesk - 🏆 4. / 71 Läs mer »