China Deploys ‘Big Data’ in Crackdown on Overseas Trading Income
Chinese authorities stepped up efforts to collect taxes from citizens with overseas investment income as part of a…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
Vietnam Targets 10% Growth Next Year Despite Trade Pressures
Vietnam’s government is targeting annual economic growth of at least 10% over the next five years, even as…
France Gets Debt Warning as S&P Downgrades in Unscheduled Move
S&P Global Ratings downgraded France, dealing another blow to the country’s credibility as a weakened minority government struggles…
Meloni Wins Italy’s Highest Rating Since 2018 With DBRS Upgrade
Italy regained its highest score from any major credit assessor since 2018 after an upgrade by Morningstar DBRS…
Saudi Arabia Government Seeks $10 Billion in Rare Loan Deal
Saudi Arabia is in talks to raise as much as $10 billion in a rare loan deal, marking…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…
France credit downgrade: Fitch cuts rating to A+ from AA- in a record low; political turmoil clouds debt outlook
File photo: French President Emmanuel Macron (Picture credit: AP) France’s sovereign credit rating has been cut by Fitch…