Sri Lanka needs to restructure nearly US$30 billion of debt, and Japan has offered to lead talks with the other main creditors, including India and China.

Economists say the move may fuel inflation and some Republicans in the US Congress questioned whether the president had legal authority to cancel the debt.

Tourism earnings increased more than three times to US$201.8 million in the 11 months to end mid-June, compared with the same period a year earlier, though they are still well below pre-pandemic levels.

Bangladesh's economy has been one of the fastest-growing in the world for years, but rising energy and food prices because of the Russia-Ukraine war have inflated its import bill and the current account deficit.

Bangladesh's US$416 billion economy is the first in Asia to put such a request forward to the Washington-based lender as it seeks to ramp up its attention on how to mitigate the impact of climate change.

Former finance ministry deputy secretary-general Siti Zauyah Mohd Desa says her division received no reports on how the money was used.

It says the article caused it to incur losses, tarnished its good name and exposed it to ridicule and hatred.

Trust companies, which pool money from wealthy investors, are an important source of funding for Evergrande and other property developers in China.

It says it is exploring other available debt financing alternatives with acceptable terms suitable to the operations and financing requirements of the company.

A lawyer's letter to MalaysiaNow defends the government loan for the troubled company as 'reasonable' given that it is a 'key driver' of Malaysia's economic growth.

He says AirAsia's PN17 status is an accounting issue.

They are among 2,424,009 borrowers who had completed their studies and were supposed to repay their loans amounting to almost RM24.6 billion.