DUBAI: Saudi oil giant Aramco on Tuesday reported a 15.4% drop in third-quarter profit due to lower crude prices ...

The International Monetary Fund, however, estimates LGFV debt amounted to 60 trillion yuan at the end of 2023, or 47.6% of ...

Tamara Kunanayakam On 8 October this year, the Cabinet media spokesman Vijitha Herath announced the new JVP/NPP Government’s ...

Unemployment is 4.1% — quite low by historic standards. Among wealthy countries, only Spain will experience faster growth ...

"Like people and companies, sovereigns can struggle to repay their debt. This could be because they borrowed too much or in a ...

(Reuters) - China unveiled a 10 trillion yuan ($1.4 trillion) debt package on Friday to ease local government financing ...

An economist, Bismarck Rewane, has projected that the naira will strengthen further in January 2025 compared to its current ...

China has unveiled an ambitious plan to relieve public debt, aiming to turn local governments away from belt-tightening ...

A group of representatives from the International Monetary Fund (IMF) is scheduled to visit Sri Lanka next week ...

Britain is ahead of France, Belgium and Ireland in a ranking of the best countries to invest in, but the UK lags behind ...

The government’s previous attempt to introduce a pollution tax, the so-called eco levy, through the Finance Bill, 2024 flopped after youth-led protests forced the State to withdraw the ...