Chinese local governments risk replicating debt mistakes
Caixin Previous financing vehicles piled pressure on borrowers Tourists wearing Qing dynasty costumes visit one of Beijing’s many historic…
The World Starts Moving On From ‘America First’ : New Economy
Hello from Singapore. I’m Erik Schatzker, editorial director of Bloomberg New Economy, bringing you a special edition of…
Greece poised to lower debt below 120% of GDP by 2030, minister says
[InTime News] Minister of National Economy and Finance Kyriakos Pierrakakis said in a Bloomberg TV interview from London…
South Africa Adopts 3% Inflation Goal, Sees Higher Debt Peak
South Africa’s finance minister adopted a 3% inflation target, giving political backing to the central bank which lobbied…
French parliament votes to suspend Macron’s controversial pensions reform – POLITICO
France is under pressure to cut its massive debt, and Lecornu has pledged to reduce the country’s budget…
China Banks Issue Phantom Loans to Hit Targets in Slow Economy
Jerry Hu, who owns an auto-parts firm in eastern China, was approached in October with a strange request.…
The Worst-Case Scenario for AI Would Mirror Dot-Com Bust, JPM Says
Loads of debt. Investors running scared. A slew of bankruptcies. Those are some of the things that would…
Why your financial planner might tell you to keep the mortgage
Kate Ashford | NerdWallet Trinity Owen and her husband bought their four-bed, three-bath home in East Concord, New York, in…
Goldman Sachs Predicts South Africa Credit Rating Upgrade
Goldman Sachs Group Inc. expects an improvement in South Africa’s public finances to pave the way for a…
Senegal Eurobonds Drop Most on Record on Restructuring Talk
Senegal’s eurobonds plunged after the country’s prime minister said he would oppose restructuring the country’s debt, following “difficult”…
Billionaire Premji-Backed Indian Wealth Venture Is Hiring Dozens of Grads
With a limited pool of seasoned private bankers to tap India’s booming wealth, one upstart is bucking the…
Rare Inflation Flip Gives Emerging Markets Edge on Rich Nations
A rare turn in global inflation trends is expected to inject fresh momentum into this year’s rally in…