Trade Credit
Trade Credit
News, insights and thought leadership for re/insurance professionals with an interest in trade credit.

China's Country Garden aims to pay missed coupons by next week - Reuters

Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on Thursday, but China Bond Insurance Co would do so on its behalf if it missed paying within a grace period that ends next week.
Embattled Chinese property developer Country Garden said it was unable to pay two onshore coupons due on Thursday, but China Bond Insurance Co would do so on its behalf if it missed paying within a grace period that ends next week.
reuters.com / Article / 10 hours ago

Bankrupt Steward Health puts its hospitals up for sale, discloses $9 bln in debt - Reuters

Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a Tuesday court hearing in Houston.
Bankrupt Steward Health Care has put all of its 31 U.S. hospitals up for sale, hoping to finalize transactions by the end of the summer to address its $9 billion in total liabilities, its attorneys said at a Tuesday court hearing in Houston.
reuters.com / Article / 1 day ago

Geopolitics and its Impact on Global Trade and the Dollar - IMF

After years of shocks—including the COVID-19 pandemic and Russia's invasion of Ukraine—countries are reevaluating their trading partners based on economic and national security...
After years of shocks—including the COVID-19 pandemic and Russia's invasion of Ukraine—countries are reevaluating their trading partners based on economic and national security...
imf.org / Article / 1 day ago

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