bond defaults

At the start of this year, Asian high yield bonds were one of the asset classes favoured by UBS Asset Management (UBS-AM) to outperform. Their valuations did not look overly stretched and fundamentals were firm. In fact, the US and C

(Aug 27): Singapore firms are likely to see more soured debt as the trade-reliant economy takes a hit from US-China tensions.

(Apr 26): The collapse of Singapore’s water treatment firm Hyflux has increased investor scrutiny over other debt-laden companies that have sold bonds in the local currency.

SINGAPORE (Apr 16): CWT International (CWTI), controlled by Chinese conglomerate HNA Group which is facing liquidity challenges, on Tuesday announced it has failed to pay accrued interests and fees to lenders totalling HK$63 million ($10.9 million) which

SINGAPORE (June 11): Bond defaults in China have been on the rise, but non-performing loans (NPL) formation has seen further moderation through still healthy corporate growth, low chance of broad-based liquidity issues, and already sizeable NPLs digested

SHANGHAI (April 3): China’s deleveraging push has racked up the most defaults on corporate bonds ever for a first quarter, and the identity of the debtors is pretty revealing.