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RECENT NEWS
SeekingAlpha  Jul 22  Comment 
Wall Street Journal  Jul 19  Comment 
Kaisa Group terminated its auditor PricewaterhouseCoopers, not a good sign as the defaulted Chinese property developer tries to get back on its feet.
The Hindu Business Line  Jul 18  Comment 
AIBEA General Secretary says people’s savings in banks should be used for national development
MarketWatch  Jul 14  Comment 
Global corporate bond defaults reach a milestone 100 so far in 2016 with the addition of four defaulters this week, Standard & Poor’s said Thursday.




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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