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China backs Sri Lanka’s debt restructuring, paving way for $1.2 billion IMF bailout

The International Monetary Fund on Tuesday said Sri Lanka had secured financing assurances from China, India and all its major bilateral creditors, paving the...

Gender pay gap could cost the world economy $7 trillion, Moody’s says

Narrowing the difference in wages between men and women in the labor force can boost the world’s economy by about 7% — or US$7...

China to set up new financial regulator in major supervisory overhaul

China will set up a national financial regulatory administration, according to a plan announced on Tuesday, in the biggest overhaul of the country's financial...

ECB facing high core inflation in the near term, Lagarde says

Underlying inflation in the euro zone will stay high in the near term so a 50 basis point European Central Bank interest rate increase...

China blames US’s ‘radical fiscal policy’ for emerging market debt troubles

China implied that the US is to blame for economic turmoil across developing countries, deepening a war of words over responsibility for debt pressures...

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