Who says China’s vast bureaucratic machine is too busy fighting the coronavirus to do anything else? The country is finally speeding up its creaky bankruptcy process after two years of record defaults. Within one day of filing paperwork, a Beijing court has accepted a creditor’s application to start the restructuring process for Peking University Founder Group — a state-linked conglomerate ...

Concluding a week-long visit to Argentina to collect data and meet economic officials, the International Monetary Fund staff (IMF) mission issued a statement notable for what it says and what it doesn’t. It marks the beginning of yet another round of more formal consultations and highlights one of the most complex, if not the most complex, country cases to face ...

Bloomberg The European Central Bank (ECB) expects the euro-area economy to bounce back from the coronavirus outbreak, Chief Economist Philip Lane said, playing down concerns that the region could slip into a downturn that requires another interest-rate cut. Speaking in an interview with Bloomberg TV in New York, Lane acknowledged that the full impact of the disease remains unknown, and ...