Sri Lanka, Official Creditors Seal $5.9 Billion Debt Revamp Deal
Sri Lanka struck an initial deal with a group of key official creditors, including India and the Paris
2023-11-30 12:27
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
Saudi Arabia Raises $11 Billion Loan to Help Fund Deficit
Saudi Arabia raised $11 billion through a syndicated loan, the biggest globally by a government this year, as
2023-11-25 02:45
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 Guides Banks to Cap Early 2024 Loans, Shift Some Forward
China’s central bank has encouraged lenders to cap the amount of new loans they issue in early 2024
2023-11-21 15:25
Yuan Strengthens Past PBOC’s Fixing for First Time Since July
China’s yuan strengthened beyond its daily reference exchange rate for the first time in four months, getting some
2023-11-21 11:27
Chinese Banks Keep Lending Rates After PBOC Policy Rate Hold
China’s commercial lenders held their benchmark lending rates steady on Monday, in line with the central bank’s decision
2023-11-20 10:17
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may
2023-11-15 14:16
China Pumps Cash Into Banking System to Support Stimulus Funding
China stepped up its support for the economy by pumping the most cash since late 2016 into the
2023-11-15 12:22
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets
Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the
2023-11-13 15:25