Frances Yoon

Is Asia’s junk-bond market ready to return to life? That’s the hope of Indian wind-and-solar power company ReNew Energy Global, which started a series of meetings with investors on Monday. The company wants to raise around $400 million from a green bond. If successful, the deal would be the first

Sumitomo Mitsui raised $1 billion by selling AT1 bonds, reopening a segment of the market that was called into question after UBS’s takeover of Credit Suisse.

A Chinese commercial property company that reopened Asia’s junk-bond market earlier this year has watched those same bonds plummet in value this week. Dalian Wanda Commercial Management Group iss

Should a slowing economy lead to a weak stock market? Not judging by the performance of Korea’s benchmark index this year.

Should a slowing economy lead to a weak stock market? Not judging by the performance of South Korea’s benchmark index this year. The country’s stock market is the best performer in Asia and one of the top indexes in the world so far this year. The Kospi Composite Index has risen more than 11% sinc

Should a slowing economy lead to a weak stock market? Not judging by the performance of Korea’s benchmark index this year.

China Evergrande Group, the troubled real-estate developer, gave bondholders more time to approve its debt-restructuring plan after failing to garner enough support. The Guangzhou-based property giant defaulted on its international debt in late 2021. Last month, it [struck a deal with an ad-hoc bon

Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.

Futures referencing the Dow Jones Industrial Average, the S&P 500 and the Nasdaq were up 0.3% to 0.5% during Asian trading hours. U.S. markets, as well as most major stock exchanges in Europe, are closed for public holidays.

Asia’s junk-bond market had a brief flicker of life earlier this year, but in hindsight it was a false dawn.