According to relative research report which affects the entire Asian-Pacific region, as the region's manufacturers struggle to cope with a sudden downturn in demand from Western export markets, corporations in the Asian-Pacific region are likely to face a tougher time repaying their debt than they did last year.
The prognosis is particularly stark for Australia and South Korea, where corporations hold about 54% of the debt that is maturing this year. In Australia, companies are less able to replenish coffers by issuing new bonds or equity. Bank debt Down Under also is constrained.
The world is not making nearly enough progress in reducing greenhouse gas emissions to achieve the goals for limiting global warming agreed at the Paris climate summit in 2015, a group of political and business leaders has warned.Read More
Software robots replicate the routine work humans often do in front of computer screens. As software applications have taken over mainline business processes, many back-office workers find themselves filling the gaps between fragmented systemsRead More
US and Chinese tech firms are a good bet despite the trade spat.U.S. and Chinese technology companies in the next ten years and would rather see cooperation between the world's two largest economies instead of "outright competition."Read More