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Japan’s first junk bond offers yield of less than 1%  Financial Times

A consumer loan company priced Japan’s first publicly-offered junk bond on Friday with an interest rate of just 0.99 per cent, a coupon that highlights the country’s institutional desperation for yield and the increasingly eye-catching distortions caused by the Bank of Japan’s negative interest rate policy.

HMV liquidation sale now unlikely … blame Hong Kong’s rents  South China Morning Post

Creditors decide to sell to the highest bidder instead of holding a liquidation sale because the cost of renting a venue would eat into the profits.

Assange Suffering ‘Psychological Torture,’ Says UN Rights Expert  The Daily Beast

Reuters / Henry Nicholls A day after Julian Assange's lawyers said he was too ill to appear via video link for a court hearing, the United Nations has expressed serious concerns that the WikiLeaks founder is suffering “psychological torture.” Nils Melzer, the U.N.

Clergy abuse survivors, others hope for offers higher than $5.6M for former Accion Hotel  Guam Pacific Daily News

Anyone can still offer to buy the former Accion Hotel by Aug. 8 or the archdiocese's Yona property could be sold to a current bidder for $5.6 million.

Search for highest bidder on for Accion property - KUAM.com  KUAM.com

The latest bankruptcy hearing on the church's plans to sell the controversial and most-valuable Hotel Accion property has been postponed again. This as both ...