debt
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Asia
Fitch downgrades China sovereign credit outlook on debt fears
BEIJING: Ratings agency Fitch said on Wednesday (Apr 10) it had downgraded China’s sovereign credit outlook to negative, citing increased…
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Asia
Gaps in Philippine medical system force patients into debt, healthcare workers to leave for work overseas
HEALTH FINANCING However, these reforms require funding.Β In the Philippines, public healthcare is financed through the DOHβs annual national allocation, a…
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News
The Big Read: Burdened with family expectations and lured by temptations, some foreign domestic workers get snared in debt trap
Ms Yoon Wai Wai Khin, a 31-year-old domestic helper, used to earn a monthly salary of S$500 in 2021 and…
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Asia
Some Chinese state developers leave suppliers in lurch with unpaid bills
βThe company would only say they have to go through an internal process, which would take several years.β Lu said…
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Asia
China Evergrande liquidation hearing in Hong Kong court adjourned to Jan 29
HONG KONG: A hearing into a liquidation petition against China Evergrande Group was adjourned in a Hong Kong court to…
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Asia
What we know about Evergrande’s financial future
BEIJING: A Hong Kong court on Monday (Dec 4) gave Chinese property giant Evergrande until the end of January to…
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Asia
Commentary: The G20βs approach to debt has failed
CHINA HAS A DIFFERENT UNDERSTANDING OF COMMON FRAMEWORK It is by now clear however that China either had a very…
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Asia
Commentary: Why would foreigners want an Indonesian golden visa?
The Congressional Budget Office doesnβt see Washington go on a diet. Instead, it forecasts the fiscal deficit to average at…
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News
Commentary: The price of love – why millennials and Gen Zs are running up major dating debt
In a dating context, a person boasting about the purchase of an expensive wine on a dinner date, for example,…
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News
Biden hails averting ‘catastrophic’ default with debt ceiling deal in Oval Office speech
But even with the House and Senate putting aside differences to finally rush through an agreement over the last week,…
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