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Thursday, December 11 2025

Ukraine Strikes Deal to Restructure Sovereign Debt

Ukraine has reached an agreement with a key creditor group to restructure some $3.2 billion of debt obligations that had fallen into default, the nation’s finance ministry said yesterday, WSJ Pro Bankruptcy reported. The group of…

Thursday, December 11 2025

Austrian Ex-Billionaire Benko's Fraud Trial Focuses on Luxury Watches

Austrian ex-property tycoon Rene Benko went on trial for insolvency fraud on Wednesday after a first conviction in October, this time accused of hiding hundreds of thousands of euros' worth of cash and valuables including luxury…

Thursday, December 11 2025

IMF Urges China to Speed Up Structural Reform, Raises Growth Forecasts

The International Monetary Fund on Wednesday urged China to speed up structural reform, as global pressure mounts on the ​world's second-largest economy to shift to a consumption-led growth model and rein ‌in debt-driven…