[WASHINGTON] The United States Treasury said Monday it will to borrow a record $2.999 trillion in the April-June period largely to finance spending on relief programmes amid the coronavirus...

[AMMAN] Jordan will delay public sector pay increases earmarked in the country's 2020 budget until the end of the year to ease financial pressures from the coronavirus crisis, its finance minister...

[SYDNEY] New Zealand's central bank on Tuesday said it would buy up to NZ$3 billion (S$2.56 billion) of local government debt to ease liquidity strains in the funding market as it moves to cushion...

[BENGALURU] Puerto Rico would shed about US$24 billion of debt and move closer to exiting bankruptcy under an agreement with bondholders announced on Sunday by the US commonwealth's federally-...

[WASHINGTON] The US budget deficit is expected to swell this year to over US$1 trillion and remain above that level for a decade as government debt balloons, the independent Congressional Budget...

COMMENTARY

UNTIL the financial crisis of 2008, government bonds were the traditional haven for investors. More than a decade on, their nature has fundamentally changed. In any future crisis, sovereign debt...

[SYDNEY] China's financial largesse in the Pacific carries "clear risks" for stability if left unchecked, a Sydney think tank warned, while saying allegations of "debt-trap" diplomacy are so far...