Sri Lanka has repaid a billion US dollar international sovereign bond (ISB) that was due for settlement this week, the Central Bank said on Saturday. The ISB repayment on Friday came days after Moody's on Monday downgraded Lanka's sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt.

Sri Lanka repays billion US dollar sovereign bond

Companies around the world will take on as much as $1 trillion of new debt in 2020, as they try to shore up their finances against the coronavirus, a new study of 900 top firms has estimated.

Covid-19 bringing record $1 trillion of new global corporate debt in 2020: Report

The United Nations raised $7.7 billion in humanitarian aid on Tuesday for Syria, where nine years of war have displaced millions in a humanitarian crisis exacerbated by soaring food prices and the coronavirus crisis.

UN raises $7.7 billion for Syrians beset by war and COVID-19

Argentina's debt restructuring talks, in a tense final stretch, hit a roadblock on Wednesday with the government determined not to cede further ground after making an improved offer and a key creditor group warning that negotiations had failed.

Argentina debt talks hit roadblock as government, creditors rattle sabers

Relations between India-China will show signs of stress after the showdown at the Actual Line of Control (LAC) where both the sides suffered casualties. In the aftermath, many Indians are asking for an end to the reliance on Chinese companies.

China has many plans for India, including a debt-trap!

The U.S. govt has criticised China for crippling Pakistan's economy. The flashpoint is the corruption shrouded in the China-Pakistan economic corridor. WION's Executive Editor Palki Sharma Upadhyay tells you more.

Gravitas: U.S-China clash over Pak's debt crisis

Russia told Britain's Supreme Court on Monday that Ukraine should not be allowed to use geopolitical arguments to dispute billions of dollars in debt, after Kiev argued it had been forced to borrow the money from Moscow.

Russia tells UK court Ukraine should be forced to pay debt despite disputes

President-elect Alberto Fernandez said Tuesday he will make good on Argentina's debt payments but without new austerity measures because people in his country are already hard-pressed financially.

Argentina's President-elect vows to make good on debt without austerity measures

Pakistan to return $93.5 Million to Russia within 90 days

Pakistan agrees to settle Soviet-Era trade

The Asian Development Bank (ADB) has approved a $2.7 billion lending programme which will provide $ 2.7 billion in approved financing to Pakistan during the outgoing calendar year.

Asian Development Bank approves lending $2.7 billion to Pakistan

The Imran Khan-led Pakistani government has accumulated a record public debt of Pakistani Rupees (PKR) 7,509 billion during its first year in power, as per local media reports.

Pakistan: Record debt accumulated in first year of Imran Khan's term

Malaysia and Singapore have agreed to delay by another month a decision on whether to go ahead with a billion-dollar train project connecting the city-state with Malaysia's southern state of Johor, Malaysia said on Sunday.

Debt-choked Malaysia dithers on $1 billion train project with Singapore

India's crisis-hit shadow bank Dewan Housing Finance Corp (DHFL) said on Friday its board had approved a plan that included converting debt into equity, even as it seeks to sell assets and raise more capital.

DHFL board approves plan to convert debt into equity, sell assets

In the aftermath of Café Coffee Day founder V G Siddhartha’s death what refuses to go away is the abounding speculation over the trigger for his suicide. Was it the mountain of debt?

WION Edit: Let officials do their job without fear or favour

Pakistan Prime Minister Imran Khan, who is being snubbed by the country`s opposition for "begging" abroad, on Thursday asserted that he never bowed down to anyone.

Neither have I bowed down to anyone nor will I let my nation to do so: Imran Khan

Pakistan Prime Minister Imran Khan has vowed to go after the "thieves" who left the country badly in debt and set up a high-powered commission to probe huge debts incurred during the last 10 years, as he defended arrests of several key political figures in corruption cases.

Imran Khan vows to go after 'thieves' responsible for Pakistan's economic woes 

Lenders to cash-strapped Jet Airways, led by State Bank of India (SBI), on Monday invited Expressions of Interest (EoI) for sale of up to 75% stake in the beleaguered airline. According to a report, six airlines have shown interest in the 'expressions of interest' stake sale process of Jet Airways. Watch this video to know more.

WION Wallet: Debt-ridden Jet Airways seeks new owner, 6 airlines are interested

Reliance Communications has decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders, the Anil Ambani-led telecom firm said Friday.

RCom to go for insolvency resolution process after failure to repay debt

Debt-laden Indian carrier Jet Airways on Wednesday denied its aircraft had been grounded by GE Capital Aviation Services (GECAS) after media reports raised further concerns over the airline's ability to pay dues.

Jet Airways denies being told to ground aircraft

Senior Economist- World Bank Prospects Group Patrick Kirby said that high levels of public debt, in general, could be one of the biggest risk being faced by the South Asian Region's economic growth.

High-level debt in South Asian Countries a major risk: World Bank

Cuba's government admitted on Friday that it won't be able to pay all its debt commitments in 2019, blaming Hurricane Irma and the United States sanctions for its woes.

Cuba says unable to pay off debt commitments in 2019

A top US lawmaker has said that any IMF loan to cash-strapped Pakistan cannot be just a "convenient way" to repay its debt to China which has engaged many countries in a debt trap.

No 'convenient way' for Pakistan: US lawmaker on IMF loan

The IMF will conduct a proper debt sustainability analysis of Pakistan before granting it any loan, a senior official has said, amid concerns that Islamabad is seeking a multibillion-dollar bailout package from the global financial body to pay back Chinese creditors.

IMF to check Pakistan's debt sustainability before loan: Official

As Imran Khan ends his three-day visit to all-weather ally China, the Pakistan Prime Minister's tour did not pan out the way he expected. After he won a US $6 billion loan from Saudi Arabia, Khan was hoping for a similar response - but that has not happened.

Pakistan PM Imran Khan does not get bailout from China

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