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
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
China’s Country Garden says might not meet all debt obligations
Property giant seeks patience from its creditors.
· 6 months ago
IMF says global debt still stuck above pre-pandemic levels
Fund calls on governments to take ‘urgent steps’ to reduce vulnerabilities.
· 7 months ago
China grants Pakistan rollover on US$2.4 billion loan
Islamabad to only make interest payments on EXIM Bank debts.
· 8 months ago
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
France avoid S&P credit downgrade but concerns persist
Country's debt is approaching €3 trillion, about 111% of GDP.
· 10 months ago
Biden to meet with McCarthy, says Republican demands unacceptable
Anxiety mounts in Washington ahead of June 1 deadline.
· 10 months ago
‘Steady progress’ made on US debt deal, White House says
Joe Biden directs team to continue pressing for bipartisan agreement.
· 11 months ago
White House warns of economic fallout if US defaults
Stock market could drop 45% in third quarter, say president's advisers.
· 11 months ago