Bloomberg
Country Garden Faces More Debt Tests Monday
Chinese property developer Country Garden Holdings Co. is facing two key debt tests Monday: one relates to a dollar bond and the other to a yuan note. Annabelle Droulers reports on Bloomberg Television.
Bloomberg
El-Erian Expects 'Game of Chicken' in Credit Next Year
Mohamed El-Erian, a Bloomberg Opinion columnist, says he expects "massive" refinancing needs in the high-yield market next year during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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Bloomberg
Country Garden Again Delays Bond Vote
Distressed Chinese developer Country Garden Holdings Co. has again delayed a deadline for creditors to vote on its request to extend payment on an onshore bond, according to a holder familiar with the matter. Meantime, Sino-Ocean Group...
Bloomberg
China Central Bank Cuts Reserve Requirements for Second Time This Year
China's central bank has cut the amount of cash lenders must hold in reserve for the second time this year. The move comes ahead of monthly activity data due later that could show the economy is starting to bottom out. Annabelle Droulers...
Bloomberg
Dalio Says Cash Is Good, Doesn't Want to Own Debt, Bonds
Bridgewater Associates Founder Ray Dalio says cash is "a good investment right now" as he explains why he doesn't want to own bonds. Dalio spoke Thursday at the 10th Milken Institute Asia Summit in Singapore
Bloomberg
Country Garden Faces Another Bond Vote Deadline in Hours
Country Garden Holdings Co. is facing a new debt deadline. Bondholders of the distressed Chinese developer must vote by 10 p.m. on Thursday Beijing-time whether repayment of another yuan bond should be extended. Annabelle Droulers...
Bloomberg
Franklin Templeton on GCC Bond Issuance, Oil Demand
Dino Kronfol, chief investment officer for global sukuk and MENA fixed income at Franklin Templeton discusses his regional markets outlook. He speaks with Bloomberg's Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East and Africa."
Bloomberg
Bill Gross Blasts Jeffrey Gundlach as 'Bond King' Heir
Bill Gross, widely known by the moniker 'The Bond King' for his work at Pacific Investment Management Co., made certain that he doesn't see DoubleLine Capital Founder Jeffrey Gundlach as the heir to that crown during a live recording of...
Bloomberg
Country Garden Wins Vote to Extend Repayment on 7 Yuan Bonds
Country Garden Holdings Co. won creditor support to extend repayment on seven yuan-denominated bonds, according to people familiar with the matter. This gives the distressed Chinese developer breathing room just days after it dodged a...
Bloomberg
Fed Is Done Hiking Rates: Morgan Stanley's Tirupattur
Vishwanath Tirupattur, Morgan Stanley US fixed income research head, says there is a challenging economic environment ahead for the Federal Reserve during an interview with Jonathan Ferro on "Bloomberg The Open."
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Country Garden Delays Voting on at Least Two Yuan Bonds
Country Garden has delayed a deadline for holders of at least two yuan bonds to vote on the company's request to extend repayment, according to bondholders familiar with the matter. Loretta Chen reports on Bloomberg Television.
Bloomberg
BlackRock Doesn't See Major Shift by Bank of Japan Any Time Soon
Thomas Taw, head of Asia Pacific iShares investment strategy at BlackRock, discusses policies of central banks in Japan, the US, China, and the implications for financial markets. Bank of Japan Governor Kazuo Ueda told a local newspaper...
Bloomberg
HSBC's Major Is 'Outright Long' on US Treasuries
HSBC Global Head of Fixed Income Research Steven Major says he favors taking "duration over yield curve exposure" and is buying long-term US Treasuries. "I've got much more comfortable with just outright long of 10-year plus rather than...
Bloomberg
UBS' Ponczek on US Markets
Sarah Ponczek, Financial Advisor at UBS Private Wealth Management, discusses her outlook and investment strategies for US markets. She speaks with Haidi Stroud-Watts and Vonnie Quinn on "Bloomberg Daybreak: Australia".
Bloomberg
September Sees Flurry of Debt Deals
lobal debt markets are bursting with new deals as September kicks off, with investment-grade companies rushing to lock in borrowing costs before central bankers can raise them further. Bloomberg's Josyana Joshua reports.
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Chinese Homebuyers' Confidence Have Been Knocked Down, S&P Says
Charles Chang, Greater China country lead for corporates at S&P Global Ratings, shares his views on the debt crisis in the world's second-largest economy. Chinese developer Country Garden Holdings Co., one of the world's most-indebted...
Bloomberg
Maybank Group WM on Asset Allocation
Eddy Loh, CIO at Maybank Group Wealth Management, says he's upgraded Europe to neutral and downgraded China and Asia ex-Japan to neutral. He discusses with Yvonne Man on "Bloomberg Markets China Open".
Bloomberg
China's Latest Property Policies Are 'Positive': Loomis Sayles
Zhi Wei Feng, senior credit analyst at Loomis Sayles, discusses China's efforts to support its ailing property market and the outlook for the sector. She speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
BlackRock's Rieder: 'Put Your Shoulder' Into Fixed Income
Rick Rieder, CIO of global fixed income at BlackRock, says it's time to get behind more interest rate exposure than over the last few months as "the Fed should be done." He speaks with Alix Steel on "Bloomberg The Open."
Bloomberg
MBMG's Gambles: Adding More China Tech
Paul Gambles, Managing Partner and Co-Founder at MBMG Group, discusses his global market outlook. He speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East and Africa".
Bloomberg
Al Ramz's Halawi: UAE Earnings Ahead of Consensus
Second quarter earnings in the region were "encouraging", according to the latest review by Al Ramz Corporation. The next market catalyst could be the Fed's rate decision in three weeks time. Amer Halawi, Head of Research at Al Ramz...
Bloomberg
Country Garden Delays Yuan Bondholder Voting Deadline Again
Country Garden Holdings Co. is delaying a deadline again for the holders of a yuan bond to vote on several proposals regarding the note repayment, in its latest struggle to avoid what would be its maiden bond default. Jill Disis reports...
Bloomberg
StanChart to Sell Jet Lessor to PIF Unit for $3.6B
Standard Chartered has agreed to sell its aviation finance business to a unit of Saudi Arabia's sovereign wealth fund for $3.6 billion. AviLease, a jet lessor owned by the PIF, will acquire a portfolio of 100 narrowbody aircraft and...
Bloomberg
Why Dwindling Muni Sales May Provide Opportunities
Sales of new US state and local government bonds are poised to dwindle according to forecasts. Christopher Brigati, Valley National Bank's former managing director of municipal investments, sees opportunities in the muni market. He...