MULTIPLE stress points are emerging in credit markets after years of excess, from banks stuck with piles of buyout debt, a pension blow-up in the UK and real-estate troubles in China and South Korea.
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China’s central bank to add tool to better manage short-term liquidity
The People’s Bank of China plans to inject cash into the banking system on Jun 29 and Jun 30
China central bank to add tool to better manage short-term liquidity
The People’s Bank of China plans to inject cash into the banking system on Jun 29 and Jun 30
Frasers Property plans to sell stakes in five properties to Thai conglomerate
The five assets, valued at S$1.1 billion, are spread across Singapore, Malaysia, the UK and Japan.
