Less than a month after it was seized by the Chinese government, Anbang Insurance Group, the giant conglomerate, is once again offering small investors “you snooze, you lose” investment opportunities — your money back, guaranteed. Sold like stocks or bonds in bank branches around China, the products carry names like Anbang Abundant Stability No. 10, suggesting the investments are conservative. They are anything but, the International New York Times reported.

Default rates for bonds issued by emerging market companies have been lower than those of their developed world counterparts since 2004, according to analysis by Moody’s. The research confounds the popular perception that emerging economies are inherently less credit worthy than advanced countries and therefore should pay higher yields on debt to compensate investors for a greater default risk, the Financial Times reported.

Noble Group Ltd said on Wednesday that creditors holding the majority of its senior debt now accept its $3.4 billion restructuring plan, Reuters reported. The beleaguered commodity trader said support for the deal, seen as critical for the firm’s survival, has risen to 55 percent from 46 percent on March 14. The proposed restructuring agreement requires approval by a majority of existing senior creditors representing 75 percent in value of its debt. The firm said in a statement it is making “solid progress” towards the deal and would extend the deadline for subscriptions to April 11.

A battle for control of one of India’s largest industrial assets is moving into the courtroom after bids for Essar Steel from both ArcelorMittal and a Russian-controlled investment vehicle were declared ineligible under India’s tough new bankruptcy code, the Financial Times reported. Essar Steel was forced into insolvency proceedings last August after falling behind on debt repayments.

Noble Group Ltd warned on Monday that it would begin insolvency proceedings if the beleaguered commodity trader’s $3.4 billion debt restructuring proposal was not approved by shareholders, Reuters reported. Noble’s debt restructuring process is seen as critical for the firm’s survival. But the deal has been opposed by some bondholders and shareholders, including Goldilocks Investment Co, which has an 8.1 percent stake in the firm.

Tata Steel has offered to pay a little more than 350 billion rupees ($5.4 billion) to lenders of Bhushan Steel & Power to take over the bankrupt steelmaker, a source with direct knowledge of the deal said. Bhushan Steel’s panel of creditors approved the deal on Thursday, pending other regulatory clearances, the company said in a stock exchange filing on Friday without disclosing financial details, Reuters reported.

India’s largest cement maker, UltraTech Cement Ltd., aims to aggressively cut its debt over the next two years to help prepare for more acquisitions, Bloomberg News reported. UltraTech, controlled by billionaire Kumar Mangalam Birla, plans to prepay some loans through its internal cash accruals, according to Chief Financial Officer Atul Daga. It targets to cut the ratio of its net debt to earnings before interest, taxes, depreciation and amortization to 1 time by 2020, from 2.3 times currently, Daga said in an interview Thursday in Mumbai.

Richard Elman, the 77-year-old founder and largest shareholder of Noble Group Ltd., quit due to "differences of opinion" with the firm’s board and creditors over its future, in a fresh blow to the trading house’s attempts to push through a massive debt restructuring, Bloomberg News reported. The statement Friday came less than two hours after a regulatory filing showed that Elman this week trimmed his stake in Noble from 18.07 percent to 17.94 percent.

Noble Group Ltd said more creditors backed its debt restructuring agreement, making it difficult for those who opposed the deal to try and wind up the company, after it defaulted on a $394 million bond that matured this week, Reuters reported. The Singapore-listed commodity trader is seeking a $3.4 billion debt restructuring seen as critical for the beleaguered firm’s survival. But the deal has been opposed by some bondholders and shareholders, including Goldilocks Investment Co, which has an 8.1 percent stake in the firm.

The world’s poorest countries are increasing their borrowing at a worrying pace and face the mounting risk of debt crises, the IMF has warned. Since 2013, the median ratio of public debt to gross domestic product in low-income countries has risen 13 percentage points to hit 47 per cent in 2017, according to new research by the IMF. The research found that 40 per cent of low-income developing countries face “significant debt-related challenges”, up from 21 per cent just five years ago, the Financial Times reported.