1mdb Delays Loan Payment Again

Malaysian state-owned investment firm 1Malaysia Development Bhd. missed another deadline to repay a $550 million loan over the weekend, although people familiar with the matter say it is edging closer to sealing a financing arrangement with local tycoon Ananda Krishnan to help pay off the debt.

Sections:  world   
Topics:  europe   
RELATED ARTICLES
BING NEWS:
  • Here's what to expect in the 2024 federal budget
    Deputy Prime Minister and Finance Minister Chrystia Freeland will be presenting the 2024 federal budget on Tuesday, revealing how the federal Liberal government intends to balance the nearly $40 ...
    04/15/2024 - 6:34 am | View Link
  • How to get student loan forgiveness in 2024
    Student loan forgiveness has a mixed track record. Last summer, the Supreme Court struck down a broad plan that would’ve erased up to $20,000 per borrower. Still, student loan forgiveness is more ...
    04/13/2024 - 1:00 pm | View Link
  • Ukraine digs defenses, fears it could lose war without U.S. aid as Russia steps up attacks
    Ukraine has been left exposed on the front lines — running out of ammunition and men — while its energy system now faces an onslaught that is exposing its depleted air defenses.
    04/12/2024 - 1:28 am | View Link
  • Biden administration announces another round of loan cancellation under new repayment plan
    More people are becoming eligible for student loan cancellation as they hit 10 years of payments, a new finish line for some loans that’s a decade sooner than what borrowers faced in the past. Casting ...
    04/12/2024 - 12:20 am | View Link
  • What to Know About the New Student-Loan-Forgiveness Plans
    Biden’s relief measures and proposals are good news for borrowers — if you can figure out their looming deadlines and complexity.
    04/11/2024 - 8:59 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News