Edit: that link seems to justify the title but it doesn’t fit the main article.
Seriously misleading title though. A default is a well-defined event. “Defaults” implies that it has happened. “Teetering” is something else. Needs fixing.
> Exactly what time the grace period expires on Wednesday is unclear, but the two sources with knowledge of the matter said some bondholders had not been paid by the end of the Asian business day.
It's ambiguous, but the title is a fair conclusion.
