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Banks and other private creditors are under pressure to follow the lead of the Group of 20 nations and suspend debt service payments by the poorest countries, as lobby groups urged world leaders to go further and cancel outstanding loans. Phil Thornton reports. -
The International Monetary Fund (IMF) is looking at redeploying assets held by advanced economies to help developing ones, its head said on Thursday. But she admitted the Fund’s shareholders had failed to agree on a deal to issue billions of new capital. Phil Thornton reports.
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The Malaysian and Shenzhen stock exchanges have entered into a memorandum of understanding to boost cross-border investment opportunities and collaboration, according to a statement on Wednesday.
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Speculation is building ahead of the International Monetary Fund spring meetings this weekend that the multilateral lender is poised to inject much-needed liquidity by printing billions of its own currency, Special Drawing Rights.
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The International Monetary Fund on Monday kicked off down the long road emerging market debt relief, giving six months’ waiver to 25 of its poorest members as calls grow for private sector involvement in the exercise.
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The China Securities Regulatory Commission (CSRC) has penalised two Star market companies for failing to make sufficient risk disclosures in their IPO documents. The duo were among the first batch of 25 companies to list on the Star board.
