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

China is trying to tackle tens of billions of dollars of debt currently saddling local governments to prevent it from slowing ...

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

President AKD should take time for a minimum of one- month to plan out a strategy to move forward. Q: What do you think of the IMF process and will it continue to give us the rest of the loan if the ...

Tamara Kunanayakam On 8 October this year, the Cabinet media spokesman Vijitha Herath announced the new JVP/NPP Government’s ...

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

Who will control the financial data underpinning CBDCs, and how will this control shape the future of our privacy and ...

(Reuters) - China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing ...

WASHINGTON — Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, ...

An economist, Bismarck Rewane, has projected that the naira will strengthen further in January 2025 compared to its current ...

China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening ...