global debt

Global debt balloons to about US$74 trillion as governments and companies ramp up borrowing

Tariffs are seen by the Trump administration as a way to patch the budget hole left by the expected tax cuts

Co-chaired by the IMF, the World Bank and South Africa, the current chair of the Group of 20 major economies, it includes creditors, borrowing countries, private sector executives, debt experts, and f...

There is dire need for an international framework that prevents prolonged restructuring negotiations

SOUTH Korea was spared a financial maelstrom even as it battles a political crisis, underscoring the extent to which its markets have matured, bolstered by swift efforts to reassure investors.

CHINA said on Saturday (Oct 12) it will “significantly increase” government debt issuance to offer subsidies to people with low incomes, support the property market and replenish state banks’ capital ...

THE International Monetary Fund (IMF) reduced borrowing costs for some of the world’s most indebted nations, making a concession to partners that have ramped up criticism of fees that they see as unju...

THE world’s poorest countries are having to prioritise debt service over investments, United Nations Development Programme administrator Achim Steiner said on Monday (Oct 7), scuppering progress towar...

Global debt rose by US$2.1 trillion in the first half to US$312 trillion