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Wednesday, October 15 2025

Sharp Decrease in Dutch Bankruptcies in September Compared to a Year Ago

Bankruptcies continued to decline in September, according to Statistics Netherlands, the NL Times reported. A total of 276 companies went bankrupt last month, 97 fewer than in September of the previous year, a 26 percent drop.…

Wednesday, October 15 2025

More Than 40% of South Korean Construction Firms Face Insolvency Risks

Nearly four out of 10 South Korean construction companies were found to be potential insolvent firms last year, unable to cover their interest expenses with operating profits, the Chosun Daily reported. As the construction…

Wednesday, October 15 2025

Julius Baer Faces Credit Losses from Insolvent Degag Group, Report Says

Swiss private bank Julius Baer is facing significant credit losses after financing real estate projects linked to Germany's now-insolvent Degag Group, the Handelsblatt newspaper reported on Monday. The bank has filed claims for…