Asia distress: Band-aids for corpses
Many companies are rolling liabilities forward, supported by accommodating government policy intended to maximize liquidity. It can't go on forever, but distress and private debt investors must be careful where they tread
The sheer scale of COVID-19 as an economic event was quickly recognized as it moved from an internal Chinese problem to a global one. But recognizing and understanding are not the same thing. Understanding,...
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India's InCred announces $60m round, claims unicorn status
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