crisis

China property crisis imperils RM5.5b of local state debt

CHINA'S deepening property crisis is piling pressure on a US$1.6 trillion (RM5.49 billion) corner of the country’s onshore bond market,…

2 years ago

China’s bad debt funds are no white knights in property crisis

CHINA'S bad-debt managers, pegged just six months ago as potential white knights to the crumbling real estate sector, have turned…

2 years ago

Global energy crisis spurs a revival of nuclear power in Asia

ASIA is giving the once-shunned nuclear power industry a second lease on life, thanks to the global energy crisis. Governments…

2 years ago

Not even Superman can fix Myanmar crisis, regional envoy says

PHNOM PENH, Cambodia – A regional envoy tasked with brokering peace in Myanmar admitted Saturday that "even Superman cannot solve" the…

2 years ago

Sri Lanka president hits airport standoff in escape attempt

COLOMBO, Sri Lanka – Sri Lanka's embattled president was stuck in his own country Tuesday in a humiliating standoff with…

2 years ago

Oil sinks on demand concerns as IEA sees energy crisis enduring

Oil extended losses as a Covid-19 resurgence in China added to concerns about a global economic slowdown, with the International…

2 years ago

Waiting for the real ‘Mat Kilau’ to wake up

by DR RAIS HUSSIN & DR MARGARITA PEREDARYENKO / Pic by TMR MALAYSIA is facing the nexus of three fundamental…

2 years ago

ECB to activate 1st line of defense in bond market on Friday

THE European Central Bank will activate the bond-purchasing firepower it’s earmarked as a first line of defense against a possible…

2 years ago

Sri Lanka urges airlines to fly full tank or fill elsewhere

SRI Lanka is recommending airlines carry enough jet fuel to last return trips or fill up elsewhere, as the island…

2 years ago

Conservatives tipped to lose in Australian nail-biter election

SYDNEY – Australians punch drunk after three crisis-ridden years of fire, flood and plague will go to the polls on…

2 years ago

China does not want to be ‘affected’ by Russia sanctions: foreign minister

By AFP Beijing, China – China's foreign minister has said his nation does not want to be impacted by Western economic…

2 years ago

Russia-led troops sent to Kazakhstan as ‘dozens’ killed in unrest

By AFP A Moscow-led military alliance dispatched troops to help quell mounting unrest in Kazakhstan on Thursday as police said…

2 years ago

Germany’s Coronavirus Crisis Is Getting Out of Control

By BLOOMBERG Germany’s Covid crisis is about to go from bad to worse, setting the stage for a grim Christmas…

2 years ago