Sebi mulls separation of non-regulated activities; 'cross-default' definition for debenture trustees
Sebi on Monday proposed that debenture trustees separate non-market watchdog-regulated activities into a new legal entity and ...
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Evergrande: China property developer debt default fears grow
It could trigger a so-called "cross default" on Evergrande's roughly $19bn of international bonds, putting it at risk of becoming China's biggest defaulter. A cross default is a provision in a ...