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Headlines
Japan Bankruptcies in May Down 8.9% from Previous Year
The number of corporate bankruptcies in Japan in May fell 8.9 percent from the previous year, the first year-on-year decline in six months, reflecting cash flow support from banks to cope with price hikes amid the Middle East…
Brazil's Raizen Secures Creditor Support for $12.5 Billion Debt Deal
Brazil's embattled sugar and ethanol producer Raizen said it that has secured sufficient backing from creditors and bondholders to proceed with an out-of-court restructuring totaling approximately 65 billion reais ($12.57…
Thailand May Seek Thaksin Bankruptcy Over 17.6 Billion Baht Tax Debt
Thailand’s Revenue Department said that it may pursue bankruptcy proceedings against former prime minister Thaksin Shinawatra if it is unable to fully recover 17.6 billion baht (S$689.7 million) in outstanding tax liabilities,…