Page 33 - Clearing Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The debt in question has already matured, so holders stand to be paid twice -- first on the notes themselves and again on the insurance.

Russia was judged to have breached the terms on a bond after missing a $1.9 million interest payment.

Danish voters approved joining the European Union’s defense pact in response to Russia’s invasion, signaling a historic shift in the country that’s shunned deeper ties with the bloc.

Pimco's largest fund increased its exposure to Russian default swaps in the run-up to the Ukraine war by selling more than $100 million of protection to banks.

Evergreen Marine Corp’s (長榮海運) proposed capital reduction was yesterday approved by shareholders, despite an objection from a major shareholder, Evergreen International Corp (長榮國際). About 79 percent of the company’s shareholders attending its annual general meeting in Taipei approved the proposal, enabling Evergreen Marine to reduce its capitalization by 60 percent and return NT$31.7 billion to shareholders, or NT$6 per share, the company said. Evergreen International Corp, which holds a 4.96 percent stake in Evergreen Marine, objected to the proposal, with its attorney, Wu...