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Kenya is in talks with China to convert dollar-denominated debt the East African nation owes its biggest bilateral lender to yuan and extend the repayment period, Treasury Secretary John Mbadi said.

The artificial intelligence giant is closing in on a deal with Microsoft regarding its future governance, but other questions ...

Treasury Cabinet Secretary (CS) John Mbadi explained why Kenya wants China to convert Nairobi's loans to Chinese Yuan Kenya spends billions annually in debt repayments to Beijing, putting pressure on ...

NAIROBI, Aug 20 (Reuters) - Kenya is in talks with China to convert a dollar-denominated railway loan into Chinese yuan, an aide to the Finance Minister John Mbadi told Reuters on Wednesday. China is ...

Global currency markets will pay close attention to the following statement Tuesday from the Swiss central bank’s vice-president, Antoine Martin: “With a balance sheet like the SNB’s, if we want to ...

De-dollarization is an effort by a growing number of countries to reduce the role of the U.S. dollar in international trade. Countries like Russia, India, China, Brazil and Malaysia, among others, are ...

Discover how to pay bills, employees, and online services with crypto in 2025. Learn practical methods, benefits, and risks ...

The European Central Bank’s strategy for achieving payments autonomy centres on a “digital euro,” which would effectively ...

BERLIN (Reuters) -German banks blocked PayPal payments totalling more than 10 billion euros ($11.7 billion) over fraud concerns, the Sueddeutsche Zeitung newspaper reported on Wednesday, without ...

Stablecoins like USDT and USDC are perhaps the most important developments in the crypto world. Having addressed the issue of ...