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EXCLUSIVE - Japan seeks to organise Sri Lanka creditors' meeting on debt crisis - Sources

EXCLUSIVE - Japan seeks to organise Sri Lanka creditors' meeting on debt crisis - Sources

Tokyo is open to hosting talks among all the creditor nations aimed at lifting Colombo from its worst debt crisis since independence.
Fri Aug 26 2022
AirAsia X debt restructuring proposal approved by creditors

AirAsia X debt restructuring proposal approved by creditors

The approvals were obtained following the court convened meetings (CCMs) held with three different groups of the creditors.
Fri Nov 12 2021
Court grants Malaysia's AirAsia X extension to hold creditors meeting by March

Court grants Malaysia's AirAsia X extension to hold creditors meeting by March

AirAsia X said the High Court granted an order for an extension until March 17 for it to convene separate meetings of the creditors.
Wed Sep 15 2021
Creditors can't sue AirAsia X for another 9 months, says Malaysia court

Creditors can't sue AirAsia X for another 9 months, says Malaysia court

The budget airline is undergoing a restructuring of its RM64.15 billion debt.
Fri Jun 18 2021
Malaysia Airlines aircraft lessors to vote Wednesday on restructuring, parent says

Malaysia Airlines aircraft lessors to vote Wednesday on restructuring, parent says

The lessors are among 40 creditors to which the airline owes RM16 billion.
Sat Feb 06 2021
Exclusive: AirAsia X shows court creditors' support for restructuring plan

Exclusive: AirAsia X shows court creditors' support for restructuring plan

Supportive lessors said they wanted to continue discussions with the budget airline and potential new investors.
Thu Jan 14 2021
Exclusive: Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap

Exclusive: Lessor BOC Aviation says AirAsia X restructuring favours Airbus, calls for debt-to-equity swap

BOCA COO David Walton said the restructuring was unfair as it writes off 99.7 pct of claims without offering creditors an equity stake.
Tue Dec 15 2020
Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - source

Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - source

Toshiba Corp wants its U.S nuclear unit to file for Chapter 11 protection from creditors as early as Tuesday, according to a source with direct knowledge of the matter.f
Tue Mar 28 2017
Tsipras to back Greek bailout with Tsakalotos as finance minister

Tsipras to back Greek bailout with Tsakalotos as finance minister

Euclid Tsakalotos helped steer bailout discussions with Greece's creditors that produced an 86 billion euro loan accord with Athens in August.
Tue Sep 22 2015
Greek PM 'doesn't eat or sleep' from overwork, says mother

Greek PM 'doesn't eat or sleep' from overwork, says mother

Embattled Greek Prime Minister Alexis Tsipras eats and sleeps poorly and rarely manages to see his family, his mother told a tabloid on Saturday.
Sat Jul 18 2015
Greek parliament approves tough creditor reforms bill

Greek parliament approves tough creditor reforms bill

Greece's parliament approved a bill of tough reforms demanded by the country's creditors in return for a new bailout
Wed Jul 15 2015
Greece misses new payment to IMF despite bailout deal

Greece misses new payment to IMF despite bailout deal

Greece missed the second debt payment to the International Monetary Fund in two weeks on Monday, despite having reached agreement with official creditors on a new bailout program earlier in the day.
Tue Jul 14 2015
Greek 'No' wins referendum with over 61% of votes: near-complete results

Greek 'No' wins referendum with over 61% of votes: near-complete results

More than 61 percent of Greek voters on Sunday rejected fresh austerity demands by the country's EU-IMF creditors in a historic referendum, official results from over 95 percent of polling stations.
Sun Jul 05 2015
Greek PM between rock and hard place as clock ticks on deal

Greek PM between rock and hard place as clock ticks on deal

Greece and its international creditors have wrangled for weeks as they try to hammer out a reform plan to unlock 7.2 bil euros in funds.
Sat Jun 06 2015
Chinese Stocks Climb With Copper on Factory Data

Chinese Stocks Climb With Copper on Factory Data

The euro slid on concern about the impasse between Greece and its creditors, while oil and crops fell.
Mon Jun 01 2015
Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

Hyundai to invest RM2.16 bil in Malaysia through strategic partnership with INOKOM

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.
Tue Nov 26 2024
‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

‘C4Cinta’ sets record as highest-grossing Malaysian Tamil film

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.
Tue Nov 26 2024
Man charged with mother's murder, storing body in freezer

Man charged with mother's murder, storing body in freezer

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.
Tue Nov 26 2024
Abolition of examination in schools to reduce pressure on pupils - Fadhlina

Abolition of examination in schools to reduce pressure on pupils - Fadhlina

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.
Tue Nov 26 2024
Google, Meta urge Australia to delay bill on social media ban for children

Google, Meta urge Australia to delay bill on social media ban for children

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.
Tue Nov 26 2024
Judge tosses Trump 2020 election case after prosecutors' request

Judge tosses Trump 2020 election case after prosecutors' request

It represents a big legal victory for Donald Trump, who won the Nov. 5 US election and is set to return to office on Jan. 20.
Tue Nov 26 2024
DHL plane crash in Lithuania leaves authorities searching for answers

DHL plane crash in Lithuania leaves authorities searching for answers

Rescue services said the plane hit the ground, split into pieces and slid over 100 metres (110 yards).
Tue Nov 26 2024
National squad to hold friendly matches for 2025 Indoor Hockey World Cup

National squad to hold friendly matches for 2025 Indoor Hockey World Cup

The warm-up matches will involve matches against better ranked teams in the world, namely Austria (first) and Belgium (third).
Tue Nov 26 2024
G7 seeks unity on ICC arrest warrant for Netanyahu

G7 seeks unity on ICC arrest warrant for Netanyahu

The United States, part of the G7, has rejected the ICC decision, with President Joe Biden describing it as outrageous.
Tue Nov 26 2024
Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

Francissca Peter remembers Tan Sri Ahmad Nawab: A tribute to a musical legend

A legend who has influenced our music for decades, was one of the highlights of my career, says Francissca Peter.
Tue Nov 26 2024