Tag: Debt
Bank of Montreal Shifts Focus as it Winds Down Auto Finance...
Bank of Montreal (BMO) has made a strategic decision to wind down its indirect retail auto finance business, a move that will lead to...
Asian markets stagger as investors eye the US debt cap
Asian stocks initially saw gains dissipate on Tuesday as the news of averted default by the U.S. government was overshadowed by concerns surrounding the...
US debt-cap pact is being judged by hushed voices; markets oblige
A small group of Republican lawmakers from the hard-right wing have announced their opposition to a proposed agreement to increase the United States' debt...
US debt cap zeroes in on low-spirited spending up front
The key focus of the debt-ceiling negotiations between President Joe Biden and House Republican Kevin McCarthy centres around "discretionary spending," which refers to the...
BlackRock reduces European and EM debt; look at its new playbook
A new investment strategy will be needed by 2023, as stated by asset manager BlackRock, who expects the banking and energy sectors to perform...
Evergrande domestic debt deal calms contagion concern
China Evergrande agreed to settle interest payments on a domestic bond. Evergrande, Asia’s biggest junk-bond issuer, is so entangled with China’s broader economy. Through...
