private-firms

Panama airport places $575 million bond after probe hits issue

Panama City's main airport said on Friday it had successfully placed a $575 million bond after a company forming a major source of income for the hub became embroiled in a money-laundering probe, prompting the issue to be restructured. Originally earmarked for $625 million, the bond for Tocumen International Airport was pared back after the U.S. Treasury Department accused members of the Waked family of running a money laundering…

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Panama airport places $575 million bond after probe hits issue

private-firms

China orders banks to clear hurdles slowing private sector lending: sources

SHANGHAI, May 14 (Reuters) – – China's banking regulator has sent an urgent notice to banks telling them to clear bottlenecks slowing lending to private firms, sources with direct knowledge told Reuters, highlighting rising concern in Beijing about torpid private investment. Chinese banks sharply cut new lending in April after a record first-quarter credit spree, much of which appeared to go to the state sector and may have helped inflate asset bubbles in real estate and commodities. According to the document seen by Reuters, the China …

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China orders banks to clear hurdles slowing private sector lending: sources