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CHINA BAILOUT
Why are Kenyan kids burning schools and killing their classmates?Almost 50 fires have ripped through Kenyan schools this year, 16 schoolgirls have died, and more than 100 schools have temporarily closed. ...- Imran Khan-linked ‘Cyphergate’ Row hits Pakistan: US' role confirmed in his ouster? Secret cipher says 'All will be forgiven in Washington.'Imran Khan cipher case: A leaked Pakistani diplomatic cable has resurfaced, reigniting claims of a foreign conspiracy behind Imran Khan's r...
- Trump likes the idea of government owning some US companies but took a pass on Spirit AirlinesPresident Trump showed interest in government taking over companies like Spirit Airlines. He saw these moves as financial wins and a way to...
- US-Pakistan tango: This risky double-game may dent Islamabad’s relations with Beijing, and also cause international humiliationIran's foreign minister refused to meet a US delegation in Pakistan, exposing Islamabad's risky diplomatic tightrope walk. This move, alleg...
- Sri Lanka seeks investors for loss-making Mattala airport built with Chinese loansSri Lanka is seeking investors for Mattala Rajapaksa International Airport. The airport has been a financial drain since opening in 2013. A...
- Pakistan stock markets crash: KSE 100 plunges 6,000 points as US-Iran ceasefire talks collapsePakistan’s stock markets crashed on Monday, with its benchmark index KSE 100 plunging nearly 6,000 points after the ceasefire talks between...
- Sri Lanka to discuss debt restructuring with India, China & Paris Club separately: President WickremesingheSri Lanka will negotiate its debt restructuring separately with India, China and the Paris Club, as it tries to manage its debt, which tota...
- After doling out huge loans, China is now bailing out countriesNew data shows that China is providing ever more emergency loans to countries, including Turkey, Argentina and Sri Lanka. China has been he...
- China silent on debt reduction targets for Sri Lanka to get IMF bailout loanChina's EXIM Bank has issued a letter granting Sri Lanka a two-year moratorium on repayment and agreeing with the IMF's Extended Fund Facil...
- Sri Lanka thanks India for backing its $2.9 billion bailout package; issuing guarantees to IMFIn a statement on Wednesday, the Governor of the Central Bank of Sri Lanka Nandalal Weerasinghe thanked India for issuing the necessary gua...
- IMF approves $6 bn loan for Pakistan with tough conditionsThe aid includes an immediate disbursement of $1 billion to help Pakistan address its balance of payment crisis.
- IMF likely to delay bailout package to Pakistan as talks for finalising deal still onThe IMF is also demanding details of more than $6.5 bn of commercial loans Pakistan has received from China in the past two and a half year...
- Senior US Congressmen urges Trump administration to prevent IMF bailout to PakistanThe Congressmen raised queries on Pakistan’s history with IMF spread over a period of 30 years.
- IMF should evaluate CPEC projects objectively while granting bailout package to Pakistan: ChinaHe said an IMF team is scheduled to arrive in Pakistan on November 7 to negotiate the programme, likely to span over a three-year period.
- Imran Khan may find it tough to secure IMF bailoutThe US Senators have shot off a letter to Secretary of State Michael Pompeo and Treasury Secretary Steven Mnuchin mentioning Pakistan, Sri ...
- Pakistan a value investor's market, India remains classic growth story, says Chris WoodWood said he finds Pakistan's stock market attractive and will be looking to add stocks.
- US warns IMF against bailout package for Pakistan to repay Chinese lendersThe International Monetary Fund has said that so far it has not received any such request from Pakistan. Cash-strapped Pakistan has availed...
- Australia and New Zealand dollars firmer after Spain's bailoutAustralian, New Zealand dollars were higher early on Monday as risk sentiment was lifted by better than expected data out of China move.
- China gives Agricultural Bank $19 bn bailoutThe Chinese government has given the Agricultural Bank of China a $19 billion bailout in a major step toward restructuring the rural lender...
- Leaders around globe welcome US bailout planLeaders of some of the world's biggest economies welcomed US lawmakers' approval of a 700-bn-dollar Wall Street rescue plan, calling it a r...
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