[BRUSSELS] Euro zone finance ministers broadly backed on Tuesday an idea that governments might apply for a precautionary credit line worth some 2 per cent of their GDP from their ESM bailout fund...

[WELLINGTON] Air New Zealand has been offered a NZ$900 million (S$746.8 million) loan to help the flag carrier survive the coronavirus crisis, the government said on Friday.

[ROME] An Italian cabinet meeting approved an emergency decree on Sunday night to bail out ailing cooperative lender Banca Popolare di Bari, a government source said.

COMMENTARY

CHRISTINE Lagarde entered as managing director of the International Monetary Fund (IMF) in difficult circumstances following the Dominique Strauss-Kahn scandal. Ms Lagarde, a tireless ambassador,...

[BRUSSELS] Eurozone ministers on Monday held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials...

[MUMBAI] Jet Airways India Ltd said it's working with lenders to revamp its 84.1 billion rupees (S$1.6 billion) of debt that may lead to a change in the board of Asia's worst-performing airline....

[NEW DELHI] India will infuse 830 billion rupees(S$16.2 billion) into state-run banks by March as Prime Minister Narendra Modi races to clean up a sector that's saddled with a mountain of bad debt...

[ATHEMS] Yiannis, a 51-year-old owner of an online Greek food-delivery company in Athens, is struggling to keep his business going because he can't find enough funding.

[ATHENS] Greece will be more tightly monitored after it exits its bailout programme than other euro zone countries that received similar loans, the head of the bloc's rescue mechanism told a...