IMF: Sri Lanka's talks with creditors ongoing, unaware of specific deals
By Jorgelina do Rosario MARRAKECH Discussions between Sri Lanka and all its creditors are ongoing, though the International
2023-10-11 16:55
China's Country Garden warns of default again as property sales plunge
For the second time in just over two months, Country Garden has warned investors that it could default on its $190 billion debt in a reminder that China's real estate crisis is far from over.
2023-10-10 17:24
China's Country Garden warns it could fail to pay offshore debt obligations
By Scott Murdoch and Xie Yu HONG KONG (Reuters) -China's Country Garden Holdings said it might not be able to
2023-10-10 10:45
China's Country Garden faces fresh debt payments, could announce restructuring soon
By Clare Jim HONG KONG (Reuters) -China's Country Garden may announce a restructuring plan for its offshore debt soon, local
2023-10-09 14:45
Evergrande's $500 million EV share deal suspended, stock to resume trading
HONG KONG A share sale plan between China Evergrande New Energy Vehicle Group, the electric-vehicle arm of embattled
2023-10-08 19:54
Fact check: Biden makes false claims about the debt and deficit in jobs speech
During a Friday speech about the September jobs report, President Joe Biden delivered a rapid-fire series of three false or misleading claims -- falsely saying that he has cut the debt, falsely crediting a tax policy that didn't take effect until 2023 for improving the budget situation in 2021 and 2022, and misleadingly saying that he has presided over an "actual surplus."
2023-10-07 08:18
Biden cancels another $9 billion in student loan debt days after payments restart
The Biden administration has approved debt relief for an additional 125,000 student loan borrowers, totaling $9 billion in forgiveness, the White House said Wednesday.
2023-10-04 17:26
Factbox-Developing countries facing a debt crunch
LONDON High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a
2023-10-04 14:59
Evergrande shares volatile as trade resumes amid chairman probe
HONG KONG (Reuters) -Shares of China Evergrande jumped as much as 42% in volatile trade on Tuesday, days after the
2023-10-03 10:18
China Evergrande shares set to resume trade on Tuesday
(Reuters) -China Evergrande Group said on Monday it has applied to the Hong Kong Stock Exchange for trading in its
2023-10-02 20:59
Maldives election: Pro-China candidate Muizzu wins presidency
Mohamed Muizzu ran an "India out" campaign as the current leader favours good relations with Delhi.
2023-10-01 05:17
Factbox-Evergrande founder joins list of Chinese tycoons investigated, arrested
The founder of China Evergrande, the world's most indebted property developer, is being investigated for "illegal crimes", a
2023-09-29 15:29