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IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures
IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures

Barnama

time7 days ago

  • Business
  • Barnama

IMF Forum Explores How Governments Can Better Navigate Rising Borrowing Costs, Refinancing Pressures

BUSINESS KUALA LUMPUR, May 28 (Bernama) -- The 20th International Monetary Fund (IMF) Public Debt Management Forum explores and discusses how governments can better navigate the challenges of rising borrowing costs and debt refinancing pressures. The forum was jointly organised by the Finance Ministry, Bank Negara Malaysia (BNM) and the IMF on May 27-28. The Finance Ministry said in a statement that one key focus was improving the liquidity of government bond markets to ensure investors remain confident and engaged even during times of economic uncertainty. 'Participants also explored Islamic finance's growing role in sovereign borrowing strategies, offering new opportunities for countries seeking to diversify funding sources,' it said. Finance Minister II Datuk Seri Amir Hamzah Azizan highlighted in his keynote address the importance of global collaboration in shaping resilient debt strategies in the face of rising debt vulnerabilities and shifting investor expectations. 'It is increasingly clear that the future of debt sustainability cannot rely on national efforts alone. We must strengthen cross-border collaboration, deepen institutional partnerships, and foster the exchange of knowledge to build resilience and strengthen investor confidence,' he said. The two-day forum, themed 'Managing Public Debt Amid Evolving Capital Markets' has gathered around 200 senior government officials, public debt managers and financial market experts from a total of 37 emerging and advanced countries to engage in critical discussions shaping the future of sovereign debt management. This forum discussed emerging challenges and opportunities in sovereign financing risks, weathering the market volatility, Islamic finance, digitalisation in government bond markets and the role of primary dealers as well as market makers. Besides, IMF's financial counsellor and director of the monetary and capital markets department, Tobias Adrian discussed the risks to global financial stability and emphasised the importance of debt transparency.

The 20th Western China International Fair opens, drawing over 3,000 enterprises
The 20th Western China International Fair opens, drawing over 3,000 enterprises

Cision Canada

time26-05-2025

  • Business
  • Cision Canada

The 20th Western China International Fair opens, drawing over 3,000 enterprises

CHENGDU, China, May 26, 2025 /CNW/ -- The 20th Western China International Fair (WCIF), themed "Deepen Reform for More Momentum, Expand Openness for Greater Growth," opened in Chengdu, Sichuan Province on May 25. The five-day fair has attracted the participation of over 3,000 enterprises from 62 countries and regions as well as 27 provinces (autonomous regions and municipalities) in China. The 20th WCIF has two guest countries of honor, namely Hungary and Laos, and two guest provinces of honor, namely Zhejiang and Qinghai, for the first time. The United Arab Emirates serves as a special partner. In addition, 15 themed pavilions have been set up in three exhibition areas: Opening Up and Cooperation Exhibition Area, New Industrial Momentum Exhibition Area, and Wonderful Life Exhibition Area. With a total exhibition area of 200,000 square meters, this fair focuses on displaying the latest scientific and technological achievements as well as characteristic industries of the participating countries and regions. Of all the participating enterprises this year, 114, or 55.6%, are among the Fortune Global 500 Companies, Top 500 Chinese Enterprises, and Top 500 Chinese Private Enterprises. In particular, there are 61 Fortune Global 500 companies, an increase of 74.3% over the previous edition. This year's WCIF mainly includes 25 events, such as Opening Ceremony, Western China Investment Promotion Fair & Contract Signing Ceremony of Economic Cooperation Projects, Western China International Sourcing Conference, and Guest Country of Honor Events. Participants from western China have signed contracts for 416 investment cooperation projects with Chinese and foreign investors, involving an investment of RMB 354.3 billion. It is roughly estimated that more than 2,200 projects have been launched with an investment of over RMB 3.7 trillion.

The 20th Western China International Fair opens, drawing over 3,000 enterprises
The 20th Western China International Fair opens, drawing over 3,000 enterprises

Yahoo

time26-05-2025

  • Business
  • Yahoo

The 20th Western China International Fair opens, drawing over 3,000 enterprises

CHENGDU, China, May 26, 2025 /CNW/ -- The 20th Western China International Fair (WCIF), themed "Deepen Reform for More Momentum, Expand Openness for Greater Growth," opened in Chengdu, Sichuan Province on May 25. The five-day fair has attracted the participation of over 3,000 enterprises from 62 countries and regions as well as 27 provinces (autonomous regions and municipalities) in China. The 20th WCIF has two guest countries of honor, namely Hungary and Laos, and two guest provinces of honor, namely Zhejiang and Qinghai, for the first time. The United Arab Emirates serves as a special partner. In addition, 15 themed pavilions have been set up in three exhibition areas: Opening Up and Cooperation Exhibition Area, New Industrial Momentum Exhibition Area, and Wonderful Life Exhibition Area. With a total exhibition area of 200,000 square meters, this fair focuses on displaying the latest scientific and technological achievements as well as characteristic industries of the participating countries and regions. Of all the participating enterprises this year, 114, or 55.6%, are among the Fortune Global 500 Companies, Top 500 Chinese Enterprises, and Top 500 Chinese Private Enterprises. In particular, there are 61 Fortune Global 500 companies, an increase of 74.3% over the previous edition. This year's WCIF mainly includes 25 events, such as Opening Ceremony, Western China Investment Promotion Fair & Contract Signing Ceremony of Economic Cooperation Projects, Western China International Sourcing Conference, and Guest Country of Honor Events. Participants from western China have signed contracts for 416 investment cooperation projects with Chinese and foreign investors, involving an investment of RMB 354.3 billion. It is roughly estimated that more than 2,200 projects have been launched with an investment of over RMB 3.7 trillion. View original content to download multimedia: SOURCE WCIF View original content to download multimedia: Sign in to access your portfolio

LeBron James' wife Savannah James shares a proud mom moment as Bryce James suits up for prom
LeBron James' wife Savannah James shares a proud mom moment as Bryce James suits up for prom

Time of India

time20-05-2025

  • Entertainment
  • Time of India

LeBron James' wife Savannah James shares a proud mom moment as Bryce James suits up for prom

Image via @mrs_savannahrj Savannah James gave fans a personal glimpse into her family life this week by sharing a touching photo of her and LeBron James' youngest son, Bryce James, dressed for his senior prom. The post, elegant and emotional, captured the kind of moment every parent can relate to when childhood memories start making room for adult milestones, and pride is mixed with the quiet realization that time is moving fast. LeBron James and his family come together to mark the special moment Bryce James, set to play college basketball later this year, stood tall in a black suit and a navy shirt, paired with a subtle cross necklace. But for Savannah, it wasn't just about fashion. Her caption read, '🖤Prom 2025🖤This is really taking me out🥹 @_justbryce.' View this post on Instagram A post shared by ColorsTV (@colorstv) Joining Bryce for pre-prom photos were both of his parents, LeBron James and Savannah, dressed in formal wear for a separate event later that night. While Bryce's own big evening was unfolding. LeBron and Savannah were also co-chairing a major gala in Los Angeles. Despite the packed schedule, the family prioritized the milestone, capturing photos, sharing quiet moments, and preparing Bryce for the night ahead. Though Bryce's date wasn't featured in the post, the spotlight remained firmly on his transition from high school student to young adult. With older brother Bronny James already in college and playing in the NBA and younger sister Zhuri often featured in family updates, Savannah's post felt like a continuation of the story she's shared over the years, one that blends basketball, family, and growth. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ótimas notícias para os cidadãos brasileiros! Leia mais Undo Bryce James set to begin college basketball career with Arizona Wildcats Looking ahead, Bryce James is preparing to begin his NCAA career at the University of Arizona, where he has signed to join the Wildcats as part of the 2025–26 men's basketball roster. Standing at 6-foot-4 and playing as a shooting guard, Bryce has built a quiet but consistent reputation for his smooth shot and smart decision-making. Though comparisons to LeBron and Bronny are inevitable, those close to Bryce say his approach is different—measured, steady, and focused on development. His college debut is expected in early November when the Wildcats tip off their new season. As Bryce prepares to take the next step in both his academic and athletic life, the James family once again reminds everyone that behind the headlines are parents, moments, and memories that matter most. Also Read: Lebron James wife Savannah stepped out with Los Angeles Lakers star and april Mcdaniel to attend 20th annual hammer museum gala in the garden event Get IPL 2025 match schedules , squads , points table , and live scores for CSK , MI , RCB , KKR , SRH , LSG , DC , GT , PBKS , and RR . Check the latest IPL Orange Cap and Purple Cap standings.

NSA Doval holds talk with Iran's NSC Secy, affirms India's interest in expanding bilateral ties
NSA Doval holds talk with Iran's NSC Secy, affirms India's interest in expanding bilateral ties

India Gazette

time18-05-2025

  • Politics
  • India Gazette

NSA Doval holds talk with Iran's NSC Secy, affirms India's interest in expanding bilateral ties

New Delhi [India], May 18 (ANI): National Security Advisor Ajit Doval on Sunday held a telephonic conversation with Ali Akbar Ahmadian, Secretary of the Supreme National Security Council of Iran where he expressed India's interest in expanding bilateral cooperation in the development of Chabahar Port and the International North-South Transport Corridor (INSTC). The two also particularly spoke about the development of Chabahar Port and the International North-South Transport Corridor (INSTC). In a post on X, Iran's embassy in India stated, 'Mr. Ajit Doval, National Security Advisor to the Prime Minister of India, held a telephone conversation with Dr. Ali Akbar Ahmadian, Secretary of the Supreme National Security Council of the Islamic Republic of Iran and representative of the Supreme Leader. During the call, Mr. Doval emphasised Iran's constructive role in the region and expressed India's interest in expanding bilateral cooperation--particularly in the development of Chabahar Port and the International North-South Transport Corridor (INSTC). He also thanked Iran for its continued assistance and support.' 'Dr. Ahmadian affirmed that Iran and India, as two ancient civilisations, share deep-rooted ties and vast potential for political and economic collaboration. He stressed the need to swiftly implement strategic projects and reiterated that bilateral cooperation serves the broader interests of regional peace and stability,' the statement added. Earlier on May 8, lauding bilateral ties between India and Iran, External Affairs Minister S Jaishankar said that the cooperation between the two nations has progressed in many aspects in recent years. In his opening remarks at the 20th India-Iran Joint Commission Meeting in Delhi, Jaishankar recalled the meeting held between Prime Minister Narendra Modi and Iranian President Masoud Pezeshkian in 2024. Jaishankar said, 'It's a great pleasure to welcome you and your delegation to India and to co-chair along with you, the 20th India-Iran Joint Commission meeting today. In recent years, our cooperation has progressed in many aspects. There are also situations that we need to address. Prime Minister Modi and President Pezeshkian have met in Kazan in October 2024 and given us guidance on how to develop our ties further. (ANI)

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