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Headlines
IBC Study Calls for Auction Reform to Boost MSME Insolvency Resolution
A study commissioned by the insolvency regulator has called for removing structural inefficiencies in the current auction design pertaining to the rescue of bankrupt micro, small and medium enterprises (MSMEs) and putting in…
Underwater Mortgages Force China’s Banks to Get More Creative
China’s unrelenting housing downturn is forcing the country’s banks to confront a thorny issue: sinking real estate values are pushing millions of mortgages underwater, increasing the risk of losses for lenders and property…
USTR Greer Says US-Mexico-Canada Pact Talks May Run Past July 1 Deadline
The Trump administration will try to resolve as many problems with the U.S.-Mexico-Canada trade agreement as it can before July 1, but negotiations to rebalance the trade pact are likely to continue past that deadline, U.S.…