Tag: Debt

A double-notch downgrade of Spain's credit rating has piled pressure on European leaders to make convincing progress on solving the region's debt crisis at...

The International Monetary Fund on Saturday called for an EU-wide deposit insurance scheme and more coordinated regulation of the continent's banks to avoid contradictory...

US Treasury Secretary Timothy F. Geithner endorsed Europe’s emerging plan to beat the sovereign debt crisis as global finance chiefs pushed for a solution...

Slowdown in economic and business activity, continuous inflationary conditions and prevailing security conditions impacted the performance of Pak Elektron Limited. Revenue and liquidity performance PEL...

A 10-year-old girl was married off to a 28-year-old man by her father in order to pay a debt, a private news channel reported....

The European Union grappled Wednesday with the biggest challenge of its history as Greece readied a last-gasp pitch to secure vital bailout funds. Nearly four...

The ministry of finance (MoF) and the country’s leading banks are said to have agreed to adjusting the existing circular debt-related term finance certificates...

Dominant shari'a opinion prohibits selling debt for a price other than its face value. This prohibition covers both discounts and premiums in the sale/purchase...

Europe needs to "get its act together" and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of...

The Government is continuously borrowing money from internal and external sources. Therefore, external debt and liabilities (EDL) rose 7.5 per cent to $60.116 billion...

The State Bank of Pakistan has announced that it will facilitate banks in case they require any regulatory support towards early resolution of the...

US Vice President Joe Biden said Sunday that the world's biggest economy would never default on its debts, during a visit aimed at boosting...

US Vice President Joe Biden on Friday said China had "nothing to worry about" concerning the safety of its vast holdings of Treasury debt,...

The US Treasury market is still the safest place for China to put part of its massive foreign exchange reserves despite a downgrade of...

While debt is an essential component of the modern economic system, providing impetus for public expansion and crucial private sector investment, it is its...

The knee jerk debt crisis of the world’s top economy has caused sleepless nights in the financial grid stations of almost all countries that...

A subtle turf war is continuing between four key ministries in the ongoing ministerial committee on energy crisis, with the ministries shying away to...