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,
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
‘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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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
1970-01-01 08:00
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,
1970-01-01 08:00
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
1970-01-01 08:00