SHANGAI: China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from ...

China last week unveiled some of its most ambitious plans in years to lift local government debt and boost its economy, following a meeting of lawmakers eyeing the possibility of intensified trade ...

Al-Nihang offers to acquire Pakistan International Airlines for PKR 100 billion, promising debt payment and no layoffs.

The election of Donald Trump—and his vow to once again undertake a US retreat from international climate diplomacy—poses a decisive threat to the fight against global warming, as the window for ...

Lan noted that local governments’ “hidden debt” reached 14.3 trillion yuan by the end of 2023, with a goal to reduce this to ...

At an EU summit in Budapest, Italian economist Mario Draghi reiterated what reforms the EU required to keep pace with the US ...

Over the past decade, the IMF has produced three major analytical studies on countries ... on borrowers that have borrowed in foreign currency and suddenly find that debt more expensive to service. On ...

Some Asian countries stand to gain if US president-elect Donald Trump pushes ahead with his promised massive tariffs on China ...

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