Exclusive: China tells banks to roll over local government debts as risks mount – sources
A taxi drives in front of skyscrapers at the central business district, including AIA Central, China Construction Bank (CCB) Tower, Bank of China Tower, Cheung...
Developing countries facing a debt crunch
LONDON, Oct 4 (Reuters) – High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a range of developing...
European banks flag bad loan risks as global economy falters
[1/3]The headquarters of Germany’s Deutsche Bank are pictured in Frankfurt, Germany, September 21, 2020. REUTERS/Ralph Orlowski/File Photo LONDON/MILAN/MADRID, July 26 (Reuters) – Europe’s major banks,...
World Bank should add disaster clauses to debt agreements, Yellen says
[1/2]U.S. Treasury Secretary Janet Yellen delivers her speech at the U.S embassy to France, ahead of the Global Climate Finance conference, in Paris, France June...
Europeans drain billions from banks, fed up with shrinking savings
LONDON/DUBLIN, May 4 (Reuters) – European savers are pulling more of their money from banks, looking for a better deal as lenders resist paying up...
Factbox: How big U.S. banks are managing bad loan reserves
April 17 (Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans, as rising interest...
IMF says public debt is growing faster than pre-COVID projections
Public debt to return to nearly 100% in 2028 Growth in debt dominated by U.S., China 39 low-income countries in or near debt distress WASHINGTON,...
Factbox: The developing countries facing a debt crisis
LONDON, April 5 (Reuters) – The record number of developing nations at risk of a debt crisis will be high on the agenda next week...
Fed emergency lending to banks boosted overall Fed holdings in latest week
NEW YORK, March 23 (Reuters) – Federal Reserve emergency lending to banks, which hit record levels last week, remained high in the latest week, amid...
U.S. posts $39 billion January deficit after pension fund bailout
WASHINGTON, Feb 10 (Reuters) – The U.S. government posted a $39 billion budget deficit for January after a $119 billion monthly surplus a year earlier,...