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Deposits in the country’s banking system are stabilising, Reuters reported citing unnamed US official. A United States official has said

Sri Lanka raises rates, relaxes currency band to secure IMF funds | Business and Economy News

The country is awaiting approval of a $2.9bn IMF bailout package as it endures its worst financial crisis since 1948.

From: The Bottom Line Economist Nouriel Roubini paints a bleak future for a world facing ‘megathreats’ – including global economic

The United States Congressional Budget Office (CBO) on Wednesday said the Treasury Department will exhaust its ability to pay all

Allegations of stock market manipulation and fraud have halved the net worth of Indian tycoon Gautam Adani, one of the

Financial contagion fears spread in India on Friday as Adani Group’s crisis worsened, with ratings agency Moody’s warning the conglomerate

Adani’s market losses swelled above $100bn on Thursday, sparking worries about a potential systemic impact a day after the Indian

The funding comes under a new programme which aims to help vulnerable middle-income countries and island states. The International Monetary

Most Adani Group shares fell sharply on Monday as the Indian conglomerate’s rebuttal of a US short seller’s criticism failed

The United States government hit its borrowing limit last week on January 19, leading to new economic worries at a