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Indonesian Developer Modernland Seeks Bond Restructuring Again

Distressed Indonesian property firm PT Modernland Realty is seeking to restructure a dollar bond for a second time, highlighting liquidity challenges facing the builder of residential and industrial townships.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Asian Markets Trade Mixed

(RTTNews) - Asian stock markets are trading mixed on Monday, following the broadly negative cues from Wall Street on Friday, amid easing concerns about the potential for an increase in interest rates…

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