Bond Payment
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Chinese Developer Likely to Default on State-Backed Bond
The heavily indebted Chinese property developer said it is likely to default on a government-guaranteed local bond, as it continues to struggle with liquidity amid China’s property crisis.The Wall Street Journal - World -
Private schools bolster advance payment schemes ahead of Labour tax changes
Experts say HMRC could challenge some advance fee schemesFinancial Times - Business -
Emerging market junk bonds are top performers in sovereign debt markets
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bondsFinancial Times - Business -
Stocks and bonds haven’t been this in sync in decades: why both still deserve space in your portfolio
The notion that stocks should rise while bond prices fall, and vice versa, is an enduring piece of investing conventional wisdom. But history shows the relationship between the two asset classes is more complicated.MarketWatch - Business -
Drugmakers in Medicare negotiations spent more on shareholder payments and marketing than R&D last year: Report
A new report from the center-left watchdog group Accountable US found that most major drugmakers spent more on marketing costs and shareholder payments than on research and development (R&D). The report looked at eight companies — Johnson & ...The Hill - Politics -
Judge grills Apple exec about whether company is defying order to enable more iPhone payment options
A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, despite a court order seeking to create more ways for consumers to pay for ...ABC News - Tech - Apple