Details added (first version posted on 12:26) Baku, Azerbaijan, Oct. 4 By Anvar Mammadov Trend: Azerbaijans Zaminbank OJSC has been declared bankrupt, said Azad Javadov, executive director of the Azerbaijan Deposit Insurance Fund (ADIF). Javadov made the remarks Oct. 4 at a press conference in Baku. We completed the assessment of Zaminbanks assets and were…
Oct 4, 2016 11:40 AM [SINGAPORE] Singapore’s junk-bond market is suffering its worst rout in at least four years as debt restructurings spread among shipping and oil-and-gas service companies. High-yield notes in the local currency from borrowers in Singapore slid 1.9 per cent last quarter, the most in an IHS Markit Ltd index going back…
Posted on : Oct.4,2016 16:32 KST Modified on : Oct.4,2016 16:32 KST An oil development site operated by Canadian company Harvest. (Hankyoreh file photo) The fate of Harvest, a Canadian petroleum and gas mining company, is a matter of Korean National Oil Corp.s survival An analysis suggests a difference…
I have debts of about Dh130,000. I have two credit cards, both of which have been maxed; there is a Dh10,000 limit on one and Dh40,000 with another. Then I also have an Dh80,000 loan with a bank, which I have paid for almost a year now. I am only earning a monthly salary of…
What is Abhaile? It is the latest Government plan to tackle the problem of mortgage arrears. This new national service marks a departure in State assistance by providing free, independent expert advice and support on financial and legal issues and its number one objective is helping people stay in their home wherever possible. It will…
US-based Karma Media Holdings has taken control of troubled local Australian streaming media company Quickflix. Voluntary administrators Jason Tracy and Richard Hughes of Deloitte announced that Karma has bought Quickflix and its assets in exchange for payment of $1.3 million. Tech and media entrepreneur Erik Pence will lead Quickflix as the managing director. Karma will…