Rising interest rates and Chinese property sector uncertainty have prompted Asia-Pacific companies to take out bank loans instead of bond market issuances, new data show

In a proposal to bondholders, Hong Kong-listed Powerlong aims to pay 5% of principal on the due date of the bonds, 15% after six months, and the final 80% after 12 months, sources said.

China bonds registered $2.5 billion of outflows last month, the fifth consecutive month of foreign outflows, but over $9.1 billion of foreign inflows went into China's stock market in June, the IIF said

Rating agency Moody's is reviewing the Shanghai-based group as it sees a 'contagion risk' spreading to scores of companies across China, the US and Europe

Local administrations issued bonds to the tune of 1.41 trillion yuan ($210 billion) up till Sunday June 26, which was an 80% jump from a year ago, and that total could rise further

The yuan-denominated bonds are offered by mostly European automobile firms and financial institutions to balance foreign exchange risks

Ratings agency S&P Global downgraded Greenland to "selective default" on Wednesday after the state-backed property developer extended the maturity of $488 million in bonds

Colombo has called in financial advisers Lazard as it prepares to renegotiate its complex web of creditors, including bilateral loans from Japan, India and China

The Chinese sales contributed to a drop in overall foreign holdings of Treasuries in April that helped propel yields higher

There's speculation the prospect of significant US interest rate rises and the yen’s slump may force the Bank of Japan's hand on policy tightening

Observers say speculators betting on a Bank of Japan capitulation amid tightening at other global central banks have been attacking the bonds

The calls come as global fixed-income traders sold about $35 billion worth of yuan-denominated bonds in the first four months of this year