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The Metropolitan Transportation Authority, which operates New York City’s subways, buses and commuter lines, cut a planned debt refinancing by about 40% as tax-exempt bond yields hovered near their highest levels in at least 15 years.
Creditors to Unsere Grüne Glasfaser have picked Lazard Inc to advise them in talks over the troubled fiber operator’s debt load.
Venezuela’s Economy Vice President Calixto Ortega said the publication of the country’s debt sustainability assessment was delayed by the massive twin earthquakes earlier this year but remains “a priority.”
Malaysians aged 30 and below bought some 5.4 billion ringgit (US$1.32 billion) worth of goods and services on short-term credit in the first half of this year, the country’s Finance Ministry has revealed. The ministry said it had recorded 65.9 million “buy now, pay later” (BNPL) purchases among younger consumers in the first six months of 2026 – equivalent to more than one in three, or 37.9 per cent, of total purchases nationwide. As of June 30, the outstanding BNPL financing balance among this...