Fleeing China? Credit crises lurk everywhere in emerging markets

Fleeing China? Credit crises lurk everywhere in emerging markets
Crumbling like a Lego tower – Asian debt markets look fragile. (Image: Getty)
Bloomberg
By Shuli Ren(Bloomberg Opinion) – Global investors who had enough of Chinese real estate developers’ default drama have been looking for safe havens elsewhere.They are coming away feeling disappointed. Credit crises are lurking in every corner of emerging markets and the latest scares are no less dramatic. Earlier this month, South Korea’s Heungkuk Life Insurance Co. rattled the bond investors with a surprise decision not to call its US$500 million ($822m) perpetual note. Panic selling spread well beyond Seoul. Even...

More Bloomberg

Firm wants to make purchasing cannabis super easy
Retail

Firm wants to make purchasing cannabis super easy

Verano invites shoppers to grab a basket and get their pot direct off the shelf.

Bloomberg 29 Jun 2025
Iran-Israel conflict spreads to hacks on banks, crypto
Bloomberg

Iran-Israel conflict spreads to hacks on banks, crypto

Pro-Israel hackers announced a new breach targeting an Iranian crypto exchange.

Bloomberg 19 Jun 2025
Here are the 10 best hotels in the world
The Life

Here are the 10 best hotels in the world

Its top 10 list consists entirely of tied scores for the top prize.

Bloomberg 15 Jun 2025
Afghan refugees should be treated same as South Africans
Bloomberg Opinion

Afghan refugees should be treated same as South Africans

The greater outrage is the suspension of a refugee programme that is so badly needed.

Bloomberg 17 May 2025