Sri Lanka, whose reserves have dipped by two-thirds in two years, says it needs to come to an agreement with creditors and secure an IMF loan

Sri Lanka’s foreign exchange reserves have plummeted to $1.93 billion and debt payments several times that amount are looming. Learn...

Chinese stocks suffered their biggest fall in a month as Covid restrictions and inflation worries weighed heavily on investors

The vote followed multiple adjournments called due to lengthy speeches by member's of Khan's party, who said there was a US conspiracy to oust the former cricket star

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