Junk-rated dollar debt from developing nations is attracting fresh bets from money managers at UBS Asset Management, Lazard ...

India's forex reserves declined by USD 2.675 billion to USD 682.13 billion for the week ended November 1, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by ...

President William Ruto’s punitive taxes have created two sets of Kenyans. Civil servants got an increment of Sh1,300 to ...

If Ranil Wickremesinghe had remained as President, then the third loan installment of the International Monetary Fund (IMF) ...

Business intelligence firm MicroStrategy’s Bitcoin stash has just crossed over $20 billion in value as Bitcoin rallied above ...

With their votes, millions of Americans expressed their confidence that Trump can restore the low prices and economic ...

However, given the current fiscal constraints and the strings attached to the ongoing International Monetary Fund programme, the country can hardly provide direct or indirect subsidies to farmers. Yet ...

Along with monetary easing the government needs to let the economy take off by fostering an environment of inclusivity and ...

DUBAI: Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices ...

The International Monetary Fund, however, estimates LGFV debt amounted to 60 trillion yuan at the end of 2023, or 47.6% of ...

"Like people and companies, sovereigns can struggle to repay their debt. This could be because they borrowed too much or in a ...

Authorities increased the amount of debt local governments are allowed to raise through special bonds by 6 trillion yuan ...