GCL Poly Unit Defaults on $500 Million Dollar Bond

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GCL Poly Unit Defaults on $500 Million Dollar Bond

5, according to data compiled by Bloomberg. GCL New Energy announced the exchange offer for the notes in December, saying its cash position and
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Bank of England to Stir Debate Over UK Negative Interest Rates

“I don’t think they will tell the market negative rates are imminent,” said Elizabeth Martins, senior economist at HSBC Holdings Plc. But ruling it out “might result in higher effective market rates, which could impede the bank’s goal to restore growth.”.
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Brett McGonegal on the Markets (Radio)

… McGonegal, Chairman & CEO at Capital Link, discusses the latest on the markets with Doug Krizner and Paul Allen on Bloomberg Daybreak Asia.
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FTSE 100 rises expected as Reddit retail activists target silver market and BP sells big stake in Oman gasfield

he FTSE 100 Index was set to make small gains in early trading today as it emerged that the Reddit groups of retail investors had been targeting the silver market for their latest attack. Last week was dominated by so-called Reddit traders buying up share …
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Asos buys Topshop, Topman and Miss Selfridge brands

Online fashion retailer Asos has bought the Topshop, Topman, Miss Selfridge and HIIT brands from failed retail group Arcadia in a deal worth £295m. Sir Philip Green’s Arcadia group fell into administration in November last year, casting doubt over the future …
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