ABU DHABI/WAM The United Arab Emirates and the Republic of Mozambique have reviewed avenues to …
Read More »More Asian defaults loom in 2017 amid Korea shipyard debt
Bloomberg As if investors in Asia’s troubled corporate bond markets don’t have enough to worry about, concern is mounting about whether South Korean shipyards will be able to repay record amounts of debt coming due next year. Yields on bonds of Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries Co. have shot up this year. The top …
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