Chinese property giant Vanke warns of huge loss, CEO resigns
Beijing (AFP) - Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market ...
Saturday, May 2, 2026
Tag: debt
US Treasury to take ‘extraordinary measures’ to avoid debt default
Washington (AFP) - The US Treasury Department will start taking "extraordinary measures" next week to avoid risking a default on ...
China property giant Vanke’s CEO ‘taken away’ by police: report
Beijing (AFP) - The head of one of China's biggest property firms has been "taken away" by police, state-backed media ...
US govt shutdown looms as Trump, Musk kill funding deal
Washington (AFP) - The United States was staring down the barrel of a holiday-period government shutdown Thursday after a late-hour ...
Budget, debt: Trump’s Treasury chief faces urgent challenges
Washington (AFP) - President-elect Donald Trump's new Treasury chief needs to hit the ground running once he takes office, tasked ...
Sri Lanka’s president makes U-turn on IMF bailout
Colombo (AFP) - Sri Lanka's new leader on Thursday backed a controversial IMF bailout, marking a U-turn from his election ...
Debt-saddled Laos struggles to tame rampant inflation
Vientiane (AFP) - Suffocating under a mountain of debt to China, communist Laos is struggling to tame rampant inflation, with ...
Fitch upgrades Argentina debt rating amid economic pain
Washington (AFP) - Credit ratings agency Fitch upgraded Argentina's sovereign debt rating to "CCC" from "CC" on Friday, citing improved ...
China unveils sweeping local govt debt swap to lift ailing economy
Beijing (AFP) - China on Friday unveiled some of its most ambitious plans in years to lift local government debt, ...
US writes off over $1 billion of Somalia debt
Nairobi (AFP) - The United States and Somalia reached an agreement on Tuesday for Washington to cancel more than $1 ...
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