Washington [US], October 15 (ANI): US President Joe Biden has signed a bill into law to temporarily increase the federal debt ceiling by USD 480 billion until early December, the White House said.
Washington [US], October 14 (ANI/Sputnik): The International Monetary Fund (IMF) and the World Bank should take additional steps to help address debt vulnerabilities, US Treasury Secretary Janet Yellen said on Thursday.
Washington [US], October 14 (ANI/Xinhua): World Bank Group President David Malpass said on Wednesday that the COVID-19 pandemic is pushing up poverty and debt levels in low-income countries, highlighting a "tragic reversal" in development.
Beijing [China], October 13 (ANI): As the debt crisis at Evergrande continues to spark concerns in China, the country's top real estate industry body is planning to convene a meeting on Friday to deal with issues in the housing market.
Hong Kong, October 12 (ANI): After China's property giant Evergrande Group faced a debt repayment deadline, another real estate developer Modern Land is struggling to pay its debts now.
Islamabad [Pakistan], October 12 (ANI): Pakistan is among the top 10 countries that possess the largest external debt stocks and became eligible for the Debt Service Suspension Initiative (DSSI) in the aftermath of the COVID-19 pandemic, said World Bank report.
Gurgaon, Haryana, India [India], October 12 (ANI/NewsVoir): League11 offers the lowest commission rates of 3% in fantasy gaming space in India which has been made possible due to a full home developed technology product.
Kabul [Afghanistan], October 7 (ANI): Amid mounting debt crisis, Afghanistan's electricity body is set to sell the estates of its debtors in a bid to pay nearly USD 62 million worth of power bills to the central Asian countries, media reports said on Thursday.
Seoul [South Korea], October 5 (ANI/Global Economic): In the first half of this year, young people in their 10s and 30s borrowed more than 38 trillion won of credit loans from securities firms to invest in stocks. Concerns are rising that if stock prices decrease, young people who have in
New Delhi [India], October 5 (ANI): The Central government has decided to extend the Credit Guarantee Scheme for Subordinate Debt (CGSSD) for six months till March 31, 2022.
Beijing [China] October 3 (ANI): Different countries owe at least USD 385 billion amount of debt to China which has slipped through scrutiny of international lenders such as the World Bank and the International Monetary Fund (IMF).