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Monday, November 17 2025
Korean Banks Expand Corporate Restructuring Candidates as Insolvency Risks Rise
The South Korean Financial Supervisory Service and creditor banks are working to select corporations that will undergo restructuring next year, Chosun Biz reported. With a slump in domestic demand and the trio of high inflation,…
Monday, November 17 2025
As First Brands Headed for Failure, Its Founder Spent Big in Europe
In the months before the collapse of auto-parts conglomerate First Brands, founder Patrick James was busy creating a new business group in Europe. The entrepreneur spent hundreds of millions of dollars on a large plastic-…
Monday, November 17 2025
Australia Watchdog Warns Private Credit With Tougher Action
Australia’s corporate regulator is threatening more aggressive legal action against private credit funds that fail to protect investors, as the A$200 billion ($131 billion) industry continues to expand, Bloomberg News reported.…
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