Bloomberg China’s roaring bond engine is stalling heading into the New Year, posing a quandary for policy makers as they try to curb leverage while keeping economic growth on track. Bond issuance in December by Chinese companies and banks is 80 billion yuan ($11.5 billion) less than the amount of notes they must repay this month, data combined by ...

  Bloomberg In the dying breaths of the year, the commodity price plunge claimed its latest victims as three energy companies outlined bankruptcy filing plans. Forbes Energy Services Ltd., Bonanza Creek Energy Inc. and Memorial Production Partners LP will use the US courts to restructure their borrowings, each said in regulatory filings. Bonanza and Memorial will give current shareholders some ...

  Cairo / AFP Egypt targets a five percent economic growth rate in the year to June 2018, the finance ministry said on Sunday as the government seeks to revive an economy. Egyptian authorities have battled high unemployment, inflation and a collapse in tourism income since the 2011 uprising that toppled former president Hosni Mubarak. President Abdel Fattah al-Sisi vowed ...