By Uditha Jayasinghe and Sudipto Ganguly COLOMBO (Reuters) -Millions of Sri Lankans were casting their votes on Saturday to ...

In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...

In 1996 the IMF and the World Bank launched an initiative aimed at reducing the debt burden for some 41 heavily indebted poor countries (HIPC), whose total debts amount to about 10% of the Third World ...

President Anura Kumara Dissanayake promises Sri Lankans that his coalition government aims to end the country’s economic and ...

The People’s Bank of China’s 50-basis-point cut to the reserve requirement ratio is expected to boost bank lending, while the ...

In time, it became clear that countries' repayment problems were not just temporary and that a more comprehensive solution was needed. In 1996, a new debt relief initiative for the heavily-indebted ...

Millions of Sri Lankans were casting their votes on Saturday to select a president who will face the task of bolstering the South Asian country's fragile economic recovery following its worst ...

One of the key figures embroiled in an ongoing corruption scandal in Taiwan has reportedly owed former junket boss Alvin Chau a whopping NT$6 billion (MOP1.52 billion/US$190 million) in gaming-related ...

It will allow the heavily-indebted company to protect its assets in the US as it works on a multi-billion dollar deal with creditors. Evergrande defaulted on its huge debts in 2021, which sent ...

An activist hedge fund pushing for governance changes at Toronto-based Dye & Durham Ltd. DND-T has ripped into the heavily ...