IMF, World Bank begin push to swap debt ...

The idea of forgiving debt held by poor countries in exchange for green investments gained ground this week during the spring meetings of the International Monetary Fund (IMF) and World Bank, with con

China will not withdraw monetary support...

China's monetary policy will stay steady in support of economic growth, Yi Gang, governor of the People's Bank of China (PBOC), said at the World Economic Forum's Davos Agenda virtual meet

China conducts fifth central bank bills ...

The People's Bank of China, the central bank, conducted the fifth central bank bills swap (CBS) operation in 2020 Tuesday to improve the liquidity of perpetual bonds issued by commercial banks. T

APD | Japan, China, South Korea boost ba...

By APD writer AliceDevelopment banks of Japan, China and South Korea have signed an agreement with public and private financial institutions in Southeast Asia to meet growing demand for infrastructure

APD | World Bank approves $25 million lo...

By APD writer EaswaranCOLOMBO, Dec. 18 (APD) The World Bank has approved a $25 million loan to the Government of Sri Lanka to improve the transparency and efficiency of core government and public fina

APD| Bangsamoro organic law to bring las...

By APD writer Melo M. AcunaMANILA,Fan.7(APD) – The World Bank congratulated the residents of the Bangsamoro area and the Filipino people for the ratification of the much-awaited Bangsamoro Organic Law

Five killed in central Florida bank shoo...

A gunman killed five people inside a bank in central Florida on Wednesday, then called the police himself and eventually surrendered, local authorities said.The shooting occurred at the SunTrust Bank

APD | Indian-American woman being consid...

By APD writer Rishika ChauhanNEW DELHI, Jan.16 (APD) -- According to recent reports, the White House is considering an Indian-American woman, Indra Nooyi for the post of the next president of the Worl

Bank of China New York Branch to introdu...

Bank of China New York Branch will roll out more services in 2019 for small and medium-sized enterprises (SMEs) engaged in cross-border business between the U.S. and China, senior officials with the b

APD | Bangladeshi envoy calls on philipp...

By APD writer Melo M. AcunaMANILA,Jan.11(APD)-Bangladeshi Ambassador to Manila Asad Alam Siam called on the Philippine government to advance the process of prosecuting the case against six other bank