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Sri Lanka's bondholders overwhelmingly supported the government's debt restructuring proposal. The plan exchanges existing bonds for new instruments. This includes a governance-linked bond with potential interest rate reductions. Sri Lanka defaulted on its foreign debt in May 2022. The nation joins Ghana, Ukraine, and Zambia in completing bond restructurings this year.
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When the companies start putting earnings, we are likely to see a lots of downgrades of earnings So, against that backdrop bank loan growth has to pick up.
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"In her new role, Al Nuaimi will lead the delivery of ADNOC Gas' ambitious business strategy that is focused on growth, decarbonization, and future proofing," the company said in a statement.
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"The shooter has now been identified as (a) 15-year-old," police chief Shon Barnes of the state capital Madison told reporters.
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In the Nifty500 pack, four stocks are witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stocks short-term simple moving average (SMA) crosses below its long-term moving average on the downside. These stocks' 50-day SMA crossed below their 200-day SMAs on December 16. Take a look:
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