The Special Drawing Rights (SDRs) were down by USD 1 million to USD 18.219 billion, the apex bank said. India's reserve position with the IMF was up by USD 4 million to USD 4.311 billion in the ...

President William Ruto’s punitive taxes have created two sets of Kenyans. Civil servants got an increment of Sh1,300 to ...

If Ranil Wickremesinghe had remained as President, then the third loan installment of the International Monetary Fund (IMF) ...

With their votes, millions of Americans expressed their confidence that Trump can restore the low prices and economic ...

While potential Trump tariffs spark investor anxiety, a far more critical risk is unfolding in Asia. Are you prepared?

Along with monetary easing the government needs to let the economy take off by fostering an environment of inclusivity and ...

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

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

In June, the prime minister told the National Assembly that the government planned to cut expenditures within months, citing his decision to abolish the Public Works Department as part of a plan to ...

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

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 ...