The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:52
Investors Zero In on China Local Debt Blowup as Top Risk in Asia
Investors across Asia earmarked China’s ballooning levels of municipal borrowing as the region’s number one financial risk this
2023-06-02 08:26
Ghana Nears $2.6 Billion Debt Revamp Deal With Pension Funds
Ghana’s pension funds are close to agreeing to a deal to restructure $2.6 billion worth of government bonds
2023-06-01 22:55
Sri Lanka Cuts Rate First Time in 3 Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in nearly three years with the central
2023-06-01 11:19
Schroders to Engage Countries on Climate Risk With New Framework
Schroder Investment Management Ltd. will seek more answers from governments over climate and other ESG risks, as the
2023-06-01 10:47
Bangladesh Readies Higher Taxes in Budget in Test of IMF Reforms
Bangladesh is expected to propose raising taxes and boosting spending in its annual budget Thursday that will serve
2023-06-01 09:24
How a Covert Relationship With the Taliban Backfired for US Ally Pakistan
About two weeks after the Taliban retook Afghanistan in 2021, the then head of Pakistan’s spy agency arrived
2023-06-01 08:27
Kenya Dollar Bonds Jump as World Bank Loan Eases Debt Concerns
Kenyan dollar bonds rose on Monday after the World Bank approved a $1 billion loan to support the
2023-05-30 22:52
Climate Costs Mount for Poorer Nations Already Burdened by Debt
Pakistani Prime Minister Shehbaz Sharif warned world leaders at the COP27 climate talks last November that developing nations
2023-05-30 12:21
Imran Khan Summoned Over Attacks on Pakistan Military Buildings
Imran Khan has been summoned by Pakistan authorities to face questioning over the outbreak of violence that followed
2023-05-30 10:46
Debt Deal Adds Brake on US Economy Already at Risk of Recession
The cap on government spending in Washington’s deal to raise the federal debt limit adds a fresh headwind
2023-05-29 01:47
Saudi Net Reserves Fall to $410 billion, Lowest Since 2010
Saudi Arabia’s net foreign assets fell to 1.538 trillion riyals ($410 billion) in April, the lowest since January
2023-05-29 00:53