Debt and state-owned enterprises need urgent change if South Africa is to recover, says Treasury in…
National Treasury Director General Dondo Mogajane said the fiscal results for fiscal year 2020/21 showed a budget deficit of 11 percent of GDP.…
Britain and allies must not use new IMF Special Drawing Rights to add to poor countries’ debt
In 2008, the IMF created Special Drawing Rights (SDRs) - an international reserve asset used to supplement official reserves of member countries - in response to the global financial crisis. This week, he did it again with a…
South Korea raises interest rates to record high as debt threats rise
A rating earned by South Korea can be seen in this illustrative photo on May 31, 2017. REUTERS / Thomas White / IllustrationSouth Korea's base rate raised to 0.75%, as expectedFirst rate hike since November 2018 aimed at curbing debt…
[News Focus] National debt increases by W100tr in just 9 months
A capture from the National Assembly's Budget Office homepage indicates that Korea's national debt is well over 900 trillion won on Thursday. (National Assembly Budget Office)SEJONG - South Korea's national debt is believed to…
Blackstone Appoints Leading Korean Bank As Debt Advisor For Ta Khoa Project
Blackstone Minerals (“Blackstone” or the “Company”) is pleased to announce the appointment of leading independent advisors to arrange debt financing for the development of the Ta Khoa Nickel-Copper - PGE project and the downstream…
Wisr takes over personal loans from big banks
Operating revenue increased 280% to $ 27 million during the year, but expenses were also $ 27 million. Wisr's overall loss for the year was $ 17.6 million, an improvement from a loss of $ 25 million in 2020. Its loan portfolio is…
Disrupts debt industry through a digital platform for debt management
The platform uses machine learning and artificial intelligence helping individuals to improve customer engagement. Personalized emails and SMS messages are sent to customers "at the right moment in the correct language" to encourage…
Ashford Trust Completes Mortgage Refinance for the Hilton Boston Back Bay
DALLAS, 25 August 2021 / PRNewswire / - Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that it has successfully refinanced its mortgage for the 390-room Hilton Boston Back Bay in Boston,…
EnerDynamic Receives Final Approvals For Acquisition, Debt Settlement And Financing Of Windular
NIAGARA FALLS, ON / ACCESSSWIRE / August 25, 2021 / EnerDynamic Hybrid Technologies Corp. (TSXV: EHT) (“EHT” or the “Company”), a global leader in solar and wind renewable energy technologies, is pleased to announce that it has now…
Brex deploys debt financing tool
Silicon Valley FinTech Brex is launching a new product to extend debt financing with longer terms and faster due diligence to some of its selected business clients.
CEO and co-founder of Brex Henrique Dubugras said in a Press release…