Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
Sri Lanka struck an in-principle deal with a committee of official creditors, including India and the Paris Club,
2023-11-29 19:15
Chinese-Style Quantitative Easing Emerges as Property Fix Option
China’s deepening property rout is pushing the nation’s central bank toward a style of policy it has long
2023-11-29 07:22
PBOC Chief Warns of ‘Long and Difficult’ Economic Transformation
China’s central bank governor stressed tolerance for slowing growth in the short term as the world’s second-largest economy
2023-11-28 14:26
‘Paramilitary’ Tax Agents Deployed in Kenya Budget Revenue Drive
As the scores of young tax agents went door-to-door in Nairobi’s Eastleigh district, shopkeepers shifted nervously. President William
2023-11-28 13:16
China’s Central Bank Signals Slower Credit Growth, Lower Rates
China’s central bank foreshadowed a slowdown in credit extension while pledging it would press banks to lower their
2023-11-28 11:51
China’s Property Lifeline Exposes Banks to Big Losses, Job Cuts
China’s escalating push to have its banking behemoths backstop struggling property firms is adding to a maelstrom of
2023-11-28 08:51
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia has raised $11 billion through a syndicated loan as it looks to fund a budget deficit
2023-11-23 23:50
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:54
Chinese Debt Deemed Asia's Biggest Risk Turns Into a Lucrative Bet
Be greedy when others are fearful. Those who heeded Warren Buffett’s famous investment mantra would have benefited handsomely
2023-11-23 14:58
China Parliament Pressures Banks To Step Up Property Finance
China’s banks should step up funding for property developers to reduce the risk of additional defaults and ensure
2023-11-23 08:47
China Must Avert ‘Hard Decoupling,’ Ex-PBOC Adviser Says
China needs to prevent any “hard decoupling” from the global economy as the world becomes more politically divided,
2023-11-22 18:24
China Set to Name Zhu Hexin as Head of FX Regulator: Reuters
China is set to name banking veteran Zhu Hexin as the head of its foreign exchange regulator, according
2023-11-22 16:28