China Construction Bank, the underwriter, said in a statement on Wednesday Yango did not pay the principal and interest in full on the due date
The country's third-largest property developer by sales previously said it had prepared sufficient funding to repurchase the bond
Japan Bank for International Cooperation (JBIC) offers guarantees to about 65 billion yen ($550 million) worth of yen-denominated samurai bonds
Valuations of marquee portfolio firms have tumbled, with Alibaba and Didi Global dropping 35% and 64% respectively year-to-date, hit by a wave of factors
Chinese state-owned firms are expected to buy more assets from cash-strapped private developers, analysts said, as Beijing steps up efforts to stabilise a crisis-hit sector
Foreign investors held 3.67 trillion yuan ($580 billion) of Chinese bonds at February end, a reduction of 67 billion yuan from January, data showed
Samarco, a joint venture between Brazil's Vale and Australia's BHP Group, changed its restructuring plan to offer a new alternative to pay creditors
Asian Development Bank returns to US dollar bond market with the pricing of a two-year global benchmark bond worth $2.25 billion and a seven-year global benchmark bond worth $1.5 billion
Mykhailo Fedorov, Ukraine’s deputy prime minister, announced the plan on Twitter on Thursday and said Kyiv would reveal details soon
Moody’s cut its rating on Shimao by two notches, to Caa1 from B2, and lowered its outlook to negative, down from “ratings under review”
Malaysia would marginally benefit from higher oil prices while China bonds would provide some defensive cover in portfolios, says DBS.
Fresh Moody's downgrade of Shimao's rating also hits investor confidence, highlighting the debt travails bedevilling some bloated developers