Debt

Modern office building of China Vanke property development company in Beijing

September 27, 2026

Business

Regulators Quietly Prevent Vanke Default as RMB 16 Billion Loss Widens Amid China Property Spiral

China Vanke, one of the countrys largest property developers, reported a net loss of 16 billion yuan ($2.4 billion) in the first half of 2026, its cumulative losses now exceed RMB 100

Australia·Business·Policy

Australia Debt Interest Bill Hits $54.2 Billion, Rising to $77.2 Billion by 2030 — What PBO Data Shows

Australia's government interest bill is rising. The question is by how much, over what timeframe, and whether the trajectory is as severe as some coverage implies. Treasurer Jim Chalmers has flagged higher borrowing costs as a factor in Australia's fiscal

September 25, 2026

Treasury Raises Long-Dated Bond Buyback to Up to $6 Billion as Yields Rise

Business·Policy·USA

The U.S. Treasury announced it’s increasing its long-dated bond buyback operation to up to $6 billion, addressing pressure in long-term borrowing markets. Treasury Secretary

UK Debt at 94% of GDP: £2.985 Trillion, 18-Year Gilt High Before October’s Budget Decision

Business·Policy·UK

Britain’s government debt reached approximately Â£2.985 trillion by the end of July 2026. That’s 94.1% of GDP. In monthly terms, public-sector net borrowing was

Business·News·Technology

Once Asia’s Richest Man, Now Life in Prison: China Evergrande Founder Hui Ka Yan Sentenced

The founder of China\’s most indebted property developer, China Evergrande, was sentenced to life in prison by a Shenzhen court on August 20, 2026, capping the dramatic fall of a man who

Sunita Somvanshi

August 23, 2026

Business·News

UK Reconsiders Digital Services Tax After Trump 100% Tariff Threat

The United Kingdom government has indicated willingness to reconsider its digital services tax (DST) after US Trade Representative Jamieson Greer warned that President Donald Trump views the levy on American tech companies

Sunita Somvanshi

August 21, 2026

Evergrande International Center skyscraper in Guangzhou, China

Business·News·Technology

Once Asia’s Richest Man, Now Life in Prison: China Evergrande Founder Hui Ka Yan Sentenced

The founder of China’s most indebted property developer, China Evergrande, was sentenced to life in prison by a Shenzhen court on August 20, 2026, capping the dramatic fall of a man who

Sunita Somvanshi

August 20, 2026

Aerial photograph of the U.S. Treasury Building in Washington DC.

Business·USA

US National Debt Crosses $40 Trillion as Interest Costs Top $1 Trillion

The U.S. national debt crossed $40 trillion this week, breaching a threshold that economists once considered theoretical. The Treasury Department confirmed that the total public debt outstanding reached $40 trillion on August

Sunita Somvanshi

August 20, 2026

Back view of a person wearing a wide-brimmed Australian outback hat in a public outdoor setting with people in soft focus in the background.

Business

Reframing Money as a Tool

Money Works Best When It Has a Job Money can easily become the scoreboard of life. People compare salaries, home sizes, vacations, savings balances, brands, and the visible signs of comfort. Before

Karmactive Staff

July 7, 2026

Stopwatch showing the word deadline with stacked coins symbolizing financial pressure and repayment urgency.

Business

The Perils of Using Debt to Fund Unnecessary Spending

The Temptation of Easy Borrowing Debt has become so accessible that it’s easy to forget its true weight. Credit cards, buy-now-pay-later services, and personal loans make spending feel effortless, even when it’s

Karmactive Staff

September 30, 2025

Entrance to a Centrelink service centre with glass doors and signage, representing Australian Government social security services.

Australia·News

3 Million Australians to Receive $600 Compensation for Unlawful Centrelink Debt Calculations

Australians wrongly chased for Centrelink debts will get up to $600 compensation after the government admitted its calculation method was unlawful for nearly three decades. The $300 million package follows a July

Govind Tekale

August 28, 2025

Red “Credit Management” book with calculator, glasses, hundred-dollar bills, and financial paperwork — symbolizing personal finance monitoring and credit score protection.

Business·Technology

What Credit Monitoring Does

When it comes to managing your financial health, credit monitoring often flies under the radar. Yet, it plays a crucial role in helping you stay on top of your credit status and

Karmactive Team

August 9, 2025

The White House. Photo Source: Joyce N. Boghosian (Flickr) CC BY 1.0

News·USA

Senate’s Student Loan Overhaul Adds 10 Years to Repayment and Caps Graduate Borrowing at $100,000

The Senate narrowly passed its version of the “Big Beautiful Bill” on Tuesday with Vice President JD Vance breaking a 51-50 tie vote. The sweeping legislation makes dramatic changes to how Americans

Govind Tekale

July 3, 2025