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Search Result for “creditor”

Showing 1 - 10 of 24

WORLD

Cambodia eyes more China help as Xi visits amid US tariff standoff

Reuters, Published on 17/04/2025

» Cambodia is betting on more financial support from China, including for infrastructure, as President Xi Jinping visits the country on Thursday at the end of a three-nation trip in Southeast Asia, a Cambodian government spokesman said.

WORLD

Singapore oil tycoon OK Lim sentenced to 17 years in jail

Bloomberg, Published on 18/11/2024

» Singapore oil tycoon Lim Oon Kuin has been sentenced to 17 and a half years in jail for cheating HSBC Holdings Plc and instigating forgery in a case that has shaken the city-state’s commodity-trading community and left banks nursing hefty losses.

WORLD

Sri Lanka unveils debt restructuring plan

AFP, Published on 29/06/2023

» COLOMBO: Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to the toppling of then-president Gotabaya Rajapaksa.

WORLD

Paris climate summit opens with call for ‘finance shock’

AFP, Published on 22/06/2023

» PARIS: French President Emmanuel Macron told global leaders Thursday that no country should have to choose between tackling poverty and dealing with climate change at a summit tasked with reimagining the world’s financial system.

WORLD

US VP Harris calls for 'speedy' Zambia debt resolution

AFP, Published on 01/04/2023

» LUSAKA - US Vice President Kamala Harris reiterated calls for a "speedy finalization" of Zambia's debt restructuring on Friday, as she visited the country in the last stop of a continental tour.

WORLD

China agrees to restructure Sri Lanka loans

AFP, Published on 07/03/2023

» COLOMBO: Sri Lanka's president said on Tuesday that China had agreed to restructure its loans to the bankrupt island nation, clearing the final obstacle to a long-awaited International Monetary Fund bailout.

WORLD

Sri Lanka outlaws strikes as anti-tax protests spread

AFP, Published on 28/02/2023

» COLOMBO - Sri Lanka's government said Tuesday it was banning strikes in several key sectors, a day ahead of a planned one-day national stoppage called by unions to protest against painfully high taxes and utility bills.

WORLD

UN Human Rights Council rejects debate on Xinjiang

AFP, Published on 07/10/2022

» GENEVA - The UN Human Rights Council on Thursday voted against debating alleged widespread abuses in China's Xinjiang region after intense lobbying by Beijing, in a heavy setback for Western nations.

WORLD

Chinese 'spy ship' docks in Sri Lanka despite India, US concerns

AFP, Published on 16/08/2022

» HAMBANTOTA, Sri Lanka: A Chinese research vessel docked at Sri Lanka's Chinese-run southern port of Hambantota on Tuesday despite concerns from India and the United States about its alleged spying activities.

WORLD

Ukraine war must end to prevent nuclear 'abyss', Lukashenko tells AFP

AFP, Published on 21/07/2022

» MINSK - Belarus President Alexander Lukashenko Thursday said Russia, Ukraine and the West must agree to halt the Ukraine conflict to avoid the "abyss of nuclear war" and insisted Kyiv should accept Moscow's demands.