Business
China to scrub small overdue debts from credit records to help spur lending
China’s central bank on Monday unveiled a one-off credit repair scheme to allow overdue personal debts of up to 10,000 yuan (S$1,835)…
Tag
Debts
Business
UK energy watchdog plans to tackle £4.4 billion consumer debts
Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which…
Business
TotalEnergies pressured on payouts, green strategy after debts double
The decision to cut buybacks is designed to help the company to contend with a net debt TotalEnergies is under mounting pressure to show…
Unsorted
Weakening greenback to benefit Singapore firms with significant exposure to debts, costs in US dollar
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…
News
New Orleans Terror Suspect Shamsud Din Jabbar Earned $120K Annually Yet Faced Crushing Debts Before Launchin Attack—The Full Story
Shamsud Din Jabbar, 42, the suspect behind the New Orleans attack that left 15 dead, was a U.S. citizen and Army veteran from Texas. Once…
Business
Telegram profitable for first time after app pays down debts
SOCIAL media app Telegram is profitable for the first time after paying down “a meaningful share” of some US$2 billion in debt, chief…