Posts in tag

liquidity crisis


Econography March 18, 2022 • 11:06 a.m. ET Renmibi internationalization via bilateral swap lines By Hung Tran Russia’s brutal war of aggression against Ukraine has triggered unprecedented sanctions imposed by the United States, Europe and other countries against various Russian entities. The most significant step to date is to deny Russia’s central bank – the …

NEW YORK, March 15 (Reuters) – Sharp swings in asset prices in the wake of Russia’s invasion of Ukraine are prompting some investors to reduce risk in their portfolios, fearing that the kind of volatility seen in commodities in recent weeks does not hit other markets. The issue is liquidity – or how easily investors …

Although the government and the Reserve Bank of India (RBI) are pushing for a “cashless society”, digitization of transactions and restrictions on the use of cash in various transactions, the amount of cash in the Indian system has increased exponentially. According to reports, liquidity intensity has steadily increased over the past three decades. What are …

Baris-Ozer/iStock via Getty Images introduction Now that economic conditions have recovered from the severe recession of 2020, the very high payout yield of 10.27% still offered by Sprague Resources (SRLP) looks very attractive on the surface, although unfortunately, digging deeper, they ended 2021 facing an impending liquidity crisis, as my previous article discussed. Given this …

Economists say Russia’s invasion of Ukraine – despite its human and geopolitical cost – does not shake investment and stock markets to levels close to levels seen during the early Middle East oil crisis of the 1970s. Financial markets could become more risk averse, and inflationary pressures resulting from the conflict will add to what …

Scraping ter and Libra and extract closer to reopening terms? The Draghi government is ready to establish the Scrap Quarter with a new extract of tax accounts? After the pandemic, the other problem for millions of citizens, families and businesses remains the same difficulty in paying tax debts. Not only. The disposal ter, as good …

Exhausted by expensive stocks and super meager bond yields, asset managers are increasingly looking beyond the public markets in search of decent returns. This has been building for several years. Already, Schroders points out that private markets are worth something like $8 billion. But the sharp acceleration in inflation last year is prompting some asset …

Payment / Caixin explains: China’s new rules for mobile payments There is no shortage of popular sayings warning of the danger of mixing business and personal affairs, and this is the message that Chinese financial regulators want the hundreds of millions of users of mobile payment platforms like Alipay and WeChat Pay. take to heart. …

SOFIA – Bulgarian lawmakers voted to freeze electricity and heating prices for households until the end of March, giving the new ruling coalition time to come up with a plan to protect the member state most poor European Union from rising energy costs. “The National Assembly imposes a moratorium on the prices of electricity, water …

Libya’s rival central banks said on Monday they had reached a reunification deal, seven years after their split as conflict tore the country apart. The original bank, which manages the North African state’s vast oil revenues, was dissolved in 2014 when a complex civil war resulted in rival administrations in the east and west. But …

COP26 has passed. The public and private sectors, as well as the media around the world, are eagerly evaluating its achievements or lack thereof. The climate talks in Glasgow witnessed first-hand the passion of young people demanding that governments act with greater urgency, while their national representatives worked overtime to find common ground on the …

BEIJING, Nov.24 (Reuters) – Chengdu, in southwest China, has announced plans to ensure developers receive funds from pre-sold properties and new loans, as part of the first initiative of this type of a Chinese city to alleviate a liquidity crisis that shook confidence in the sector. Real estate companies face financial crisis due to regulatory …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 20: Figures that have been released by the Kuwaiti Ministry of Finance show a decline in state current account profits of about 91.5% at the end of fiscal year 2020-2021, or about 306,000 dinars, against 3.6 million dinars in 2019-2020, reports the daily Al-Qabas. This situation, according …

Concerns continue to creep in about the Chinese real estate market, with the Federal Reserve recently warning about it. The Fed said in its latest semi-annual report Financial Stability Report published on November 8 that tensions in the Chinese real estate sector could strain the Chinese financial system, with “possible spillover effects on the United …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, November 16: Money spent on the environmental fuel project surpassed the billion dinar mark at the end of last August, the Annahar daily reports citing reliable sources. The sources said that this money was spent on local contracts, which helped foster the market recovery. The sources indicated that …

Representation image | Photo credit: BCCL Highlights Each contract obliges the contractor to post various guarantees throughout the life cycle of the project. Khaldelwal said the basic construction of the bond is the zero loss assumption Bombay: The industry is eagerly awaiting final guidelines on surety solutions after the release of draft guidelines by the …

A pedestrian examines various stock prices outside a brokerage house in Tokyo, Japan on February 26, 2016. Asian stocks made moderate gains on Friday as a rally of global financial leaders provided a plethora of commentary reassuring, but few real political stimulus measures. REUTERS / Yuya Shino HONG KONG, Nov. 5 (Reuters) – Chinese markets …

According to IMF, demand for advanced and fuel-efficient generators will accelerate in the coming years. Increased budget allocations for the strengthening of the defense sector will subsequently contribute to the expansion of the market. The IMF’s report on the generator set for the military market highlights the specific needs of the defense and military sector. …

WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, Oct 3 The end-of-service allowance for non-Kuwaiti state employees has not been spared the repercussions of the country’s liquidity crisis, as these benefits continue to face problems late payment, reports the daily Al-Qabas. Informed sources said: “In order for the Civil Service Commission to resolve the crisis of …

Air France-KLM expects a return to profitability for the full year and adds transatlantic seats as a relaxation of travel rules revives the outlook for the struggling carrier. The airline recorded positive free cash flow in the third quarter and offers 70 to 75% of its 2019 network capacity in the last three months of …

If in the short term the risk of war remains improbable, in the medium term that is another story. Tensions between the two governments continue to mount as China steps up its military posture. Earlier this month, a record number of Chinese military planes – including nuclear-capable bombers – reportedly entered Taiwan’s air defense zone. …

Last week, China Evergrande secured a reprieve from the recent turmoil after paying interest on an offshore bond ahead of Saturday’s deadline. BEIJING: Shares of struggling Chinese developer Evergrande rose on Monday after it announced it had resumed work on more than 10 projects, as it sought to allay fears over its debt problems. The …

(Bloomberg) – The China Evergrande group made an interest payment on a dollar bond ahead of Saturday’s deadline, according to a Securities Times article, pushing up the struggling developer’s stocks and bonds. Evergrande transferred a coupon payment of $ 83.5 million within the 30-day grace period, the newspaper reported, citing “relevant channels.” The bond was …

HONG KONG (Reuters) – Chinese real estate bonds remained firm on Tuesday after two major developers made coupon payments, although the market remained focused on the potential default of the China Evergrande group this week. The bond market responded positively to comments from China’s central bank on Friday and Sunday, saying the ripple effects of …

An excavator is seen at a construction site for new residential buildings in Shanghai, China in this file photo from March 21, 2016. REUTERS / Aly Chanson // File Photo BEIJING, Oct. 17 (Reuters) – China may extend land tax pilot trials to Zhejiang province, a former government expert said in official media on Sunday, …

Tether, the world’s largest stablecoin issuer, agreed to pay a fine of $ 41 million to resolve allegations by a U.S. regulator that it falsely claimed its digital tokens were fully backed by dollars. The Commodity Futures Trading Commission on Friday alleged that Tether – whose digital tokens are tied to fiat currencies such as …

Lebanon faces a nationwide blackout that is expected to continue in the coming days. The Middle Eastern country has not produced electricity and lost all of its electricity after the country’s two largest power plants went out due to fuel shortages. “The Lebanese power grid completely shut down by noon today, and it is unlikely …

Retail bondholders are stressed by looming bankruptcy proceedings at two SREI group companies – SREI Infrastructure Finance and SREI Equipment Finance Ltd – as they fear heavy haircuts similar to those in the recent Dewan Housing Finance Corp case. Ltd (DHFL). The Reserve Bank of India (RBI) replaced the board of directors of the two …

Aerial view of Migaa Golf Estate in Kiambu County [File, Standard] It was billed as Kenya’s first and largest gated community, but over the years Migaa Golf Estate has faced significant challenges which reflect the upheavals plaguing the real estate industry. Data from the latest annual financial report from Home Afrika, parent company of the …

Background: Between May and September, the rupee went from Rs 152 per dollar to Rs 173 per dollar. That’s a healthy drop of Rs21 in 123 days. This sharp fall in the value of the rupee has not happened in the past four decades (since the breakup of the rupee in 1982). That’s a 14 …

The Unmissable newsletter from Caixin brings you the best of our coverage from last week, handpicked by our editors. # Power Crunch # What’s behind the regional power outages in China A shortage of coal and a resurgence of the economy are forcing industry and households to ration electricity A shortage of coal and a …

Searcher Kevin Rooke noted that the daily transaction volume on the Bitcoin network hit an all-time high of $ 29 billion on Sunday. Rooke also pointed out that there were only 5 days in Bitcoin’s history when the network moved above $ 20 billion. Three of which took place this week. Source: @kerooke on Twitter.com …

The potential collapse of Chinese real estate titan Evergrande grabbed the headlines – but it revealed a much deeper problem Beijing faces. With the world’s most indebted real estate company on the brink of collapse, attention so far has focused on how its failure could send shockwaves through global markets. Much has been said about …

Worldwide: Evergrande’s liquidity crunch highlights problems in China’s real estate sector September 28, 2021 Mayer brown To print this article, simply register or connect to Mondaq.com. Chinese group Evergrande made the news this week as reports of a growing liquidity crisis in the conglomerate threaten to shake up Chinese markets, especially in the real estate …

Meeting banks’ liquidity requirements will require major operational, financial and structural changes and a shift from short-term wholesale funding to a longer-term funding strategy. Mr Kafi Khan / Corporate Secretary, City Bank Limited September 27, 2021, 12:45 p.m. Last modification: September 27, 2021, 12:50 Kafi Khan “> Kafi Khan The crisis arises when banks are …

Illustration by Elias Stein Text size Aspirin is an accepted, effective, inexpensive medicine that millions take daily to prevent heart attacks and strokes. Who could improve on that? PLx Pharma is giving it a shot. As the company’s CEO, Natasha Giordano, says, “There has been no innovation in the aspirin market in over 50 years.” …

Businesses postpone reopening deadline to November 1 A move reduces the chances of a rebound in the fourth quarter Immigration officers stand outside an empty arrivals hall at Suvarnabhumi Airport. (Reuters photo) Confusion over reopening times has spoiled the chance for the tourism industry to rebound in the upcoming peak season as inconsistent policies hurt …

This is the critical moment for the Chinese group Evergrande, which is heavily in debt. The sprawling Chinese real estate The conglomerate faces a critical test on Thursday: will it be able to meet its obligations to bondholders, or will it come close to default? Evergrande is due to pay $ 83.5 million in interest …

Prepared by Gabe de Bondt, Arne Gieseck, Giulio Nicoletti and Mika Tujula This box provides an update on the impact of the coronavirus pandemic (COVID-19) on the health of the non-financial corporate sector in the euro area. It also assesses the extent to which policy support measures have eased strains on corporate finance and eased …

As the new Secretary of State, Liz Truss, takes the reins of the Foreign, Commonwealth and Development Department, continued support for the Afghan people – many of whose lives remain at great risk – must remain a top priority. Civil society groups and NGOs were inundated with requests from people needing help to reach safer …

Australian investors suffered a brutal day after the stock market fell to a new eight-month low and the price of iron ore fell. $ 50 billion was wiped from the Australian stock market on Monday as the price of iron ore plummeted, while global markets were frightened by fears that one of China’s biggest real …

China Evergrande Group has bank loan payments due today and is expected to make bond repayments on Thursday Fears of a potential fallout from faltering Chinese real estate giant Evergrande led to declines in a number of sectors on Monday. Amid growing concern over a default, Evergrande shares fell 11% in the Hong Kong months, …

By Simon Echewofun Sunday (Abuja), Ibrahim Musa Giginyu (Kano) & Christiana T. Alabi (Lagos) Concerns have followed the federal government’s recent statement that it will soon begin enforcing the import ban on generators. The latest ban on the use of generators was issued by the National Agency for the Application of Environmental Standards and Regulations …

Sell ​​inherited and donated gold? Know the tax rules Highlights When you sell gold received as a gift, you are liable for LTCG or STCG depending on the length of time you hold To determine whether LTCG or STCG will apply, the original owner’s holding period will also be taken into account. The holding period …

President Gotabaya Rajapaksa’s administration has widely promoted pro-business positions, including announcing tax breaks for new investments to attract foreign direct investment (FDI), the 2021 investment climate statement said. US State Department. As indicated in its electoral manifesto, the economic objectives of the Rajapaksa government include positioning Sri Lanka as an export-oriented economic pole in the …

The government is expected to incur spending of around 16 million euros due to a two-year extension of the liquidation deadline of the former Anglo Irish Bank. The failed bank, renamed Irish Bank Resolution Corporation (IBRC) in 2011, has been in liquidation since February 2013. The two-year extension of the liquidation period means the process …

The Islamic Religious Council of Singapore (Muis) underscored its commitment to high standards of governance and robustness in its internal systems. The board today released a sweeping statement on its website refuting allegations of improper financial management and governance pressured against it. These allegations came from recent online articles by a foreign writer, and Muis …

Real estate developers have asked the Uttar Pradesh Real Estate Regulatory Authority (UP RERA) to grant them an additional 12 months to complete projects and comply with various RERA orders following the second wave of Covid-19 cases. The developers raised their grievances and made various demands during a webinar meeting on Friday, chaired by the …

The federal government may have spent around N1 trillion to subsidize 102 million liters of Premium Motor Spirit (PMS) in a matter of months, as current challenges are pushing downstream operators of the country’s oil industry to a liquidity crisis. While Nigeria already subsidizes almost all of the volume of PMS commonly referred to as …

NEW DELHI: Franklin Templeton Asset Management (India) said on Monday that the Securities Appellate Tribunal (SAT) suspended Sebi’s order, under which the regulator banned the asset management company from launching any new programs of debt for two years. In addition, the regulator had asked Franklin Templeton to reimburse investment management and advisory fees up to …

FICCI urges government to support travel, tourism and hospitality industry in resolving urgent liquidity crisis New Delhi, June 23 (KNN) The Federation of Indian Chambers of Commerce and Industry (FICCI) on Wednesday urged the government to support the travel, tourism and hospitality industry in resolving the urgent cash crunch. The industry body said the effect …

Researchers at Boston-based Harvard Business School and Durham, North Carolina-based Duke University shared three ways hospitals can be better prepared for a future pandemic in a June 10 report published in Harvard business review. The COVID-19 pandemic has exposed the inefficiencies of hospital financial models. Even as hospitals were filled to capacity, many hospitals suffered …

OVER THE LAST WEEK Yinson Holdings Bhd caught the attention of investors after an entry in an online forum made allegations about the group’s financial condition. It comes just a week after audit problems were discovered at Serba Dinamik Holdings Bhd at the end of May. At a glance, Yinson appears to be sitting on …

The Liberty Steel company of Sanjeev Gupta, one of the world’s largest steel empires, faces an uncertain future after announcing plans to sell three of its UK factories. Liberty employs 3,000 workers in the UK and parent company Gupta Family Group (GFG) Alliance has 35,000 employees worldwide, with metallurgical plants and mines in Europe, the …

NOIDA: Builder Naredco’s body urged central government to take immediate action to prevent the National Company Law Tribunal (NCLT) from admitting insolvency cases against builders for at least a year, citing delays charged to Covid in the completion of ongoing projects. During last year’s lockout, the Union government relaxed the insolvency and bankruptcy code to …

Giving relief to lenders, the Piramal group and the administrator, the National Company Law Appeals Tribunal (NCLAT) on Tuesday suspended the Mumbai bench order of the National Company Law Tribunal (NCLT), which had ordered the DHFL administrator to place the settlement offer of the former promoter, Kapil Wadhawan, before the creditors committee (CoC) while the …

ISLAMABAD: Independent Electricity Producers (IPPs) have abandoned a government-offered payment plan to partially settle their dues, requiring at least 50 percent upfront cash before signing formal agreements on tariff discounts. An implementation committee headed by Finance Minister Dr. Abdul Hafeez Shaikh had offered the IPPs last week to pay approximately 450 billion rupees in three …