logo
Nissan CDS Jumps to 16-Year High on $4 Billion Foreign Bond Plan

Nissan CDS Jumps to 16-Year High on $4 Billion Foreign Bond Plan

Bloomberg08-07-2025
Nissan Motor Co. 's credit-default swaps widened to the highest level since 2009 after the automaker began preparing a $4 billion foreign-currency bond sale, stoking concerns about rising interest expenses.
Nissan's five-year CDS rose to about 388 basis points at 5:30 a.m. in Tokyo Tuesday, up from 375 a day earlier, data compiled by Bloomberg show.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Re-opening of Food Expo and Concurrent Fairs
Re-opening of Food Expo and Concurrent Fairs

Yahoo

time18 minutes ago

  • Yahoo

Re-opening of Food Expo and Concurrent Fairs

HONG KONG - August 14, 2025 (NEWMEDIAWIRE) - Following the lifting of the Black Rainstorm Warning Signal at 11:10am, the Food Expo, Beauty & Wellness Expo, Home Delights Expo, Food Expo PRO and Hong Kong International Tea Fair will reopen at 1:10pm. The Food Expo, Beauty & Wellness Expo, Home Delights Expo will be extended and close at 11pm from 15 August to 17 August, allowing public visitors to enjoy shopping in these fairs - with a single ticket. The Food Expo PRO and Hong Kong International Tea Fair will remain open until 6pm today and tomorrow (14 to 15 August) and until 5pm on Saturday (16 August), enabling trade buyers and exhibitors to continue their business discussions. Admission tickets valid for today may be used for entry on any of the remaining fair days. Sessions 2 and 3 of the International Conference of the Modernization of Chinese Medicine afternoon programme will be resumed in a hybrid format. HKTDC Food Expo PRO HKTDC Hong Kong International Tea Fair HKTDC Food Expo HKTDC Beauty & Wellness Expo HKTDC Home Delights Expo The International Conference of the Modernization of Chinese Medicine (ICMCM) Media enquiries Ogilvy Public Relations: Rex Cheuk +852 5618 9908 Daisy Leung +852 9275 7704 Leanne Pok +852 9379 9694 HKTDC's Communications and Public Affairs Department Stanley So +852 2584 4049 Serena Cheung +852 2584 4272 Clayton Lauw +852 2584 4472 HKTDC Media Room: About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

StarHub reports lower 1HFY2025 earnings; poised for 'more aggressive' stance
StarHub reports lower 1HFY2025 earnings; poised for 'more aggressive' stance

Yahoo

time22 minutes ago

  • Yahoo

StarHub reports lower 1HFY2025 earnings; poised for 'more aggressive' stance

'We intend to remain aggressive across brands and segments in the domestic consumer market to position for eventual market recovery': StarHub CEO Nikhil Eapen Skewed by one-off items, StarHub has reported earnings of $47.9 million for 1HFY2025, down 41.7% y-o-y. The company explains that the lower bottom line is distorted by a combination of lower ebitda and also a one-off forfeiture payment of $14.1 million for the return of one 700 MHz spectrum lot in 1H2025. If the exceptional items were excluded, earnings was down 23% to $62 million for the same half year ended June. Total revenue in 1HFY2025 was $1.1 billion, up 2.2%. Cybersecurity services revenue grew at the fastest pace with a gain of 20.1%, followed by regional enterprise that was up 6.8% and broadband, up 4.%. Mobile, on the other hand, was down 5.4% and entertainment dropped by a bigger magnitude of 9.1%. Despite the lower earnings, StarHub plans to keep its interim dividend at 3 cents. For the current 2HFY2025, the company is adopting a "more aggressive commercial stance". As such, it is lowering its FY2025 EBITDA outlook from the earlier 'stable' y-o-y to between 88% to 92% of the FY2024 EBITDA. "This revision reflects a deliberate strategic decision to preserve competitiveness and defend market share while continuing to invest in long-term growth levers," the company says. StarHub CEO Nikhil Eapen describes the market where "eroding prices challenges industry sustainability". "We intend to remain aggressive across brands and segments in the domestic consumer market to position for eventual market recovery," he adds. StarHub shares closed at $1.19 on Aug 13, up 0.85% for the day and down 2.46% year to date. 2 mil deal Brokers' Digest: StarHub, Raffles Medical Group, Seatrium Read more stories about where the money flows, and analysis of the biggest market stories from Singapore and around the World Get in-depth insights from our expert contributors, and dive into financial and economic trends Follow the market issue situation with our daily updates Or want more Lifestyle and Passion stories? Click hereError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store