China Steelmaker Default Risks Flag Rising State-Firm Debt Woes

China Steelmaker Default Risks Flag Rising State-Firm Debt Woes
Xining Special Steel Co., whose products are used in the rail, automobile and energy industries, has a 5.7 percent probability of missing debt payments in the next 12 months, the highest among 420 listed Chinese issuers with note payments due in the …
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In Big Win For Hedge Funds, Congress Unlikely To Act Before Puerto Rico Debt
is sounding pretty fatalistic when it comes to Congress acting on Puerto Rico's debt crisis before a May 1 payment deadline — and he's also sounding less than optimistic about action before an even more critical bond payment deadline on July 1 …
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Roy Blunt blames students' lifestyle expectations for high debt
Roy Blunt, of course a Republican, thinks the problem with student loan debt is that those damned college students just have too high expectations for their standard of living, and that's why they're drowning in debt. If they didn't take out so much …
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