IMF says it is "very concerned" over crisis as the heavily indebted country has little money left to pay for imports such as fuel, food and, increasingly, medicines
The younger brother of three-time prime minister Nawaz Sharif, Shehbaz, 70, is leading a bid by the opposition in parliament to topple Imran Khan
The London-based private equity firm was able to reach 93% of its $750-million target nearly three years after launching Actis Asia Real Estate Fund 2
A US jury found Roger Ng guilty on all charges in the trial over the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund
The heavily indebted country has little money left to pay for imports, which has led to crippling shortages of fuel, power, food, and increasingly, medicine
With its reserves nearly depleted, debt payments looming, and its currency down by 40%, the government's only option is an IMF bailout backed by the World Bank and ADB, analysts say
China says the AUKUS alliance between the US, UK and Australia is an ''Anglo-Saxon clique'' that threatens peace in the region.
As vice-chairman, Chang will play a key role in building out the Asian hub for PGIM Investments, as well as enhance PGIM’s overall presence
Regional economies have largely lagged behind US and European re-openings from the pandemic, but central banks that looked past inflation pressures are now reassessing their positions
The currency was hovering near 300 per US dollar on Wednesday, down 32% in the year to date and lagging behind even Russia’s rouble
Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai
The country's pre-eminent political dynasty is in trouble, as protesters take to the streets making demands unthinkable before the economic crisis struck