StanChart sets aside $900M to cover UK, US fines

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Source: Dukascopy Bank SA
Standard Chartered set aside $900M to cover fines resulting from regulators' investigations in the United States and Britain, sending the company's shares down 1%.
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Thu, 21 Feb 2019 06:01:13 GMT

Odebrecht to propose bondholder 70% losses

Brazil's conglomerate Odebrecht is set to ask bondholders to accept more than 70 % losses from their bonds' face value within a part of restructuring, two sources familiar with the matter stated.

Thu, 21 Feb 2019 05:28:30 GMT

Japan manufacturing declines amid trade war

Japan's manufacturing activity shrunk in the month of February for the first time since 2016, as factories cut back production due to shrinking export and domestic orders, a private business survey revealed.

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