Youth suffers as crippling debt, inflation, cost of living bite

Survey reveals extent of young people battling to keep their noses above water in tough economic times.

By Alfian Z.M. Tahir · 1 year ago

Youth suffers as crippling debt, inflation, cost of living bite

Nearly RM1 billion of stolen 1MDB money returned to Malaysia

RM980 million recovered from local and overseas sources will go towards paying off state firm's RM32 billion debt.

By Sheridan Mahavera · 4 years ago

Khazanah reduces debt to RM47 billion

Managing director Shahril Ridza Redzuan predicts strong revenue in coming 12 months.

· 4 years ago

Khazanah reduces debt to RM47 billion

China’s Country Garden says might not meet all debt obligations

Property giant seeks patience from its creditors.

· 6 months ago

China’s Country Garden says might not meet all debt obligations

IMF says global debt still stuck above pre-pandemic levels

Fund calls on governments to take ‘urgent steps’ to reduce vulnerabilities.

· 7 months ago

IMF says global debt still stuck above pre-pandemic levels


China grants Pakistan rollover on US$2.4 billion loan

Islamabad to only make interest payments on EXIM Bank debts.

· 8 months ago

China grants Pakistan rollover on US$2.4 billion loan

France says debt has passed €3 trillion

Borrowings reach 112.5% of annual GDP.

· 9 months ago

France says debt has passed €3 trillion

Biden signs debt ceiling bill into law, averting default

A default would have likely triggered market panic, huge job losses and a recession, with global implications.

· 10 months ago

Biden signs debt ceiling bill into law, averting default

France avoid S&P credit downgrade but concerns persist

Country's debt is approaching €3 trillion, about 111% of GDP.

· 10 months ago

France avoid S&P credit downgrade but concerns persist

Biden to meet with McCarthy, says Republican demands unacceptable

Anxiety mounts in Washington ahead of June 1 deadline.

· 10 months ago

Biden to meet with McCarthy, says Republican demands unacceptable

‘Steady progress’ made on US debt deal, White House says

Joe Biden directs team to continue pressing for bipartisan agreement.

· 11 months ago

‘Steady progress’ made on US debt deal, White House says

White House warns of economic fallout if US defaults

Stock market could drop 45% in third quarter, say president's advisers.

· 11 months ago

White House warns of economic fallout if US defaults

US Republican debt ceiling plan would slow growth, Moody’s says

It will also eliminate 780,000 jobs, ratings agency says.

· 11 months ago

US Republican debt ceiling plan would slow growth, Moody’s says

Ringgit depreciation means higher cost of servicing 1MDB debt

· 1 year ago · 1 comment

Not logical Malaysia in heavy debt to Indonesia, says Tengku Zafrul

Finance minister says only 2.5% of federal govt debt is foreign-denominated.

· 1 year ago

Not logical Malaysia in heavy debt to Indonesia, says Tengku Zafrul