Finance
Hong Kong touts ESG credentials with world's biggest retail green bond
$2.5bn offering is city's latest building block in hub for sustainable finance
Bonds
Bonds
Foreign investors cut China bond holdings in April as yuan slumped
Falling yields lead to longest decline on record
China debt crunch
Developer Sunac China admits default on $750m bond
Chairman offers 'sincere apologies' while warning it could miss more debt deadlines
Business Spotlight
Chinese property developers see hope in Politburo policy shift
Beijing changed tone on real estate, as on tech, but will it halt the sales slide?
Currencies
As yen slides, Japan clings to near-zero interest rates
BOJ's latest defense of ultraloose policy puts it further behind inflation-fighting curve
Market Spotlight
Sri Lanka's international bondholders brace for a haircut
Debt-ridden country's recent history is a chronicle of a default foretold
Bonds
Some Russia creditors receive dollar bond payment: report
Moscow appears to have passed first debt test under sanctions following Ukraine war
Bonds
Russia default risk mounts as Moscow threatens ruble repayments
Nearly half of foreign-currency reserves frozen under Western sanctions
Markets
BOJ fights taper speculation with emergency bond purchases
Benchmark yield climbs toward 0.25%, prompting central bank to step in
The age of 'Great China'
Concrete 'ghost towns' make China's real estate bubble visible
Land prices over twice those in U.S.; many trapped in unfinished homes
Business Spotlight
China's Shimao fights to restore confidence as debt crisis spreads
Property market downturn hits Shanghai developer whose finances had not previously raised red flags
China debt crunch
Evergrande seeks more time from offshore creditors for restructuring
Embattled property group urges bondholders to stop short of 'radical' legal action
Market Spotlight
Weak yen complicates life for Kuroda and Kishida
Traders predict further tests for Japanese currency
China debt crunch
Evergrande eyes new advisers as creditor outcry grows louder
International investors slam Chinese developer's debt restructuring as 'opaque'
China debt crunch
Developer China Aoyuan will not repay investors for $688m bonds
Company also halts payments on other offshore debt securities
Companies
JFE to become first Japan manufacturer to issue 'transition bonds'
Steel producer to raise over $260m to develop energy-saving tech
China debt crunch
Investors face dilemma as Chinese developers offer bond swaps
Holders told to accept reduced and delayed repayment or take bankruptcy risk
Interview
Adani to lean on green bond market for renewables expansion
Indian billionaire aims to transform his fossil fuel-reliant business empire
China debt crunch
Chinese developer R&F warns investors over bond repayment offers
Debt-strapped company says may not have cash to make good on partial payback
China debt crunch
China real estate sector's yuan bond issuance comes roaring back
Authorities signal looser credit to keep housing projects from going bust