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
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
Thailand Must Raise Revenue to Boost Spending, World Bank Says
Thailand must bolster its revenue collection in the long term to meet growing public spending needs stemming from
2023-05-29 10:29
Saudis Welcome Assad in Diplomatic Win for Syria’s Leader
Syrian President Bashar Al Assad touched down in Saudi Arabia to attend an Arab League summit for the
2023-05-19 13:50
Ghana Sees $10.5 Billion of Relief in External-Debt Overhaul
Ghana’s planned restructuring of its loans will target $10.5 billion in external debt-service relief during its three-year program
2023-05-18 15:19
World Bank Prescribes Fixes to Help Cambodia’s Economic Recovery
Cambodia, home to the famed Angkor Wat temple complex that ranks among Southeast Asia’s top tourist attractions, needs
2023-05-18 15:15
IMF Approves $3 Billion Bailout for Ghana to Revive Economy
The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years to support the
2023-05-18 05:28
Here’s How Much Wealth You Need to Join the Richest 1% Globally
If you want to join Monaco’s richest 1%, you’ll need an eight-figure fortune. It takes $12.4 million to
2023-05-17 07:17
China’s Youth Jobless Rate Hits Record 20.4% in Danger Sign
China’s youth jobless rate rose to a record 20.4% in April, showing the economy is still struggling to
2023-05-16 11:54
Cedi Gains as Ghana Expects IMF Bailout Approval This Week
Ghana’s cedi and eurobonds extended gains Monday as the nation expects International Monetary Fund board approval for a
2023-05-15 20:21
Nigeria Wealth Fund to Boost Solar, Health Infra With $1 Billion Spend
The Nigeria Sovereign Investment Authority will invest as much as $1 billion over the next three years, focusing
2023-05-15 19:27
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
2023-05-13 01:15