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As China scales back international lending, many countries are left deep in debt : NPR

The extension of the Southern Expressway from Matara to Hambantota shown near Hambantota, Sri Lanka, in 2018 — a major…

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India’s central bank seeks approval for overseas rupee lending to neighbours, sources say

By Shubham Batra NEW DELHI (Reuters) -India's central bank is taking another step to internationalise the rupee, seeking approval to…

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Founder of failed crypto lending platform Celsius Network should face 20 years behind bars, prosecutors argue

The founder and former CEO of the failed cryptocurrency lending platform Celsius Network should face 20 years behind bars for lying and…

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New York sues DailyPay and MoneyLion, alleging predatory payday lending

By Jonathan Stempel NEW YORK (Reuters) – New York's attorney general sued DailyPay and MoneyLion on Monday, accusing the app-based…

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Cantor leads a new boom in lending to debt-hungry crypto firms

The last major bear market nearly wiped out the entire crypto-lending industry. Now, it’s staging a major comeback, with a…

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Blackstone’s $17 billion property lending arm isn’t giving up on its office bets

After a yearslong downturn that left U.S. offices empty, Blackstone Inc. President Jon Gray sees the sector as ripe for…

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Business

Share of UK lending to first-time buyers reaches record high

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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JPMorgan Chase sets aside $50bn for direct lending in private credit push

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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British Business Bank told to refocus lending on government’s priority sectors

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Rachel Reeves backs plans for looser limits on mortgage lending

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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