bailou

The legislation was passed without a vote in the 225-member parliament as part of requirements linked to a $2.9 billion bailout from IMF.

The overall objective should be meeting the minimum end date of the concession.

The moral hazard risk abundant in the corporate world is multiplied times in the presence of government links and involvement.

The move was part of wider efforts to recoup $7.7 billion of unpaid loans given as bank bailouts during the 1997-1998 financial crisis.

Political interference can waste even the best talents and may have contributed to the failure of past turnaround efforts.

David Hines was arrested and charged with bank fraud, making false statements to a financial institution and engaging in transactions in unlawful proceeds, the US Justice Department announced Monday.

Tengku Zafrul said Khazanah Nasional Bhd's Board of Directors has not heard any news related to a capital injection of RM5 billion into Malaysia Airlines Bhd (MAB).

The bailout funds will be provided on top of capital injection plans made before the pandemic.

The "breakthrough" deal announced Wednesday to resume handing out bailout money to Greece sounded like old times: the IMF working with European countries again as official lenders to Athens.

Eurozone finance ministers reached a vital deal with Greece after marathon talks Wednesday to unlock 10.3 billion euros ($12 billion) in bailout cash and start debt relief.

Greek conservatives elected Kyriakos Mitsotakis as their new leader on Sunday, hoping he can revive their fortunes and challenge leftist Prime Minister Alexis Tsipras

Euclid Tsakalotos helped steer bailout discussions with Greece's creditors that produced an 86 billion euro loan accord with Athens in August.

European Commission head Jean-Claude Juncker congratulated Alexis Tsipras on his left-wing party's re-election victory.

Only Greek citizens aged 18 and above are entitled to vote on Sunday when ballots open, provided their rights have not been suspended.

Greece is set to receive the first instalment of its third multi-billion-euro bailout Thursday, just as a key repayment to the European Central Bank falls due.

UTP has proudly unveiled Malaysia's first multidisciplinary engineering programme.

The US "will make another push, with Turkey, Egypt, Qatar, Israel and others, to achieve a ceasefire in Gaza," says Joe Biden.

Flooding is expected near Sungai Semerak, Pasir Puteh, affecting low-lying villages within 5km of the river, according to PRABN.

Here's a summary of the policies Donald Trump has said he will pursue when he takes office on Jan. 20.

The Taliban-led foreign ministry denies having arrested that number of journalists and added that those arrested had committed a crime.

Many users continue to be tricked and scammed even though police have repeatedly issued warnings about scams proliferating on social media.

Deputy Minister of Education says, those identified with severe emotional issues undergo screening twice a year.

Israel will gradually withdraw its forces over 60 days as Lebanon's army takes control of territory near its border with Israel to ensure that Hezbollah does not rebuild its infrastructure there.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.