Browsing Category

Banking and Finance

IMF gives warning on Zimbabwe’s economy

The IMF has warned that Zimbabwe's economic situation remains very difficult. The fund's mission chief for Zimbabwe Gene Leon told Reuters news agency that immediate action was crucial to reduce the deficit, accelerate structural reforms…
Read More...

China jails 26 over $7.6 bn Ponzi scheme

Two senior executives of a collapsed peer-to-peer lender were sentenced to life in prison and 24 others punished over what has been called China's biggest-ever Ponzi scheme, state media reported Tuesday.
Read More...