The new administration in Argentina hopes to end a long-running dispute with bondholders that rejected restructuring debt swap options

Signifying a notable shift in Asia, for the first time since 2008, Japan has surpassed China as the biggest US creditor

Developed economies have passed the excessive borrowing baton to their emerging counterparts, which could mean the next global financial crisis is around the corner

Stability has returned to the global economy, although the sovereign debt crisis has left a marked impact on the credit quality of European Corporates