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Posted on June 6, 2020

Syrian pound plummets as new US sanctions loom

Syria’s pound hit record lows on the black market Saturday trading at over 2,300 to the dollar, less than a third of its official value, traders said, ahead of new US sanctions. Three traders in …

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Posted on June 6, 2020

Hong Kong’s tycoons catch the privatisation bug as they pick up assets at rock-bottom prices amid stock market’s slump

When Spencer Fung first unveiled his US$150 million, three-year plan in 2017 to remake the 111-year-old trading company founded by his great-grandfather into a trailblazer in the digital era of online …

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Posted on June 6, 2020

Fallen Star of Taiwan’s China-Friendly KMT Faces Historic Recall

Voters in the southern Taiwanese port city of Kaohsiung decide whether to remove their mayor from office in a recall vote Saturday that could bring to an end the meteoric political rise and fall of a …

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Posted on June 6, 2020

Nike’s Jordan brand adds $100M to company’s social justice giving

Nike’s Jordan brand on Friday announced a $100 million commitment to black communities. The money is in addition to a $40 million commitment announced early in the day by Nike.

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Posted on June 6, 2020

Labour shortage from Nepal may upset Himachal’s applecart

Nepalese labourers are fearful of returning due to the pandemic, mandatory quarantine; CM says state will ensure availability of labour during harvesting season …

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Posted on June 6, 2020

South Korea’s waterparks open under new anti-virus measures

Only a handful of rubber floats tumbled down the giant slide at South Korea’s largest waterpark on Friday, its first day back in business since the coronavirus pandemic hit.

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Posted on June 6, 2020

Philippine Central Bank Backs Stimulus Action to Boost Economy

The Philippine central bank supports carefully coordinated action with the government including economic stimulus bills to avert a prolonged contraction caused by the coronavirus outbreak, Governor …

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Posted on June 6, 2020

Suntory CEO says 20% of restaurants may fail as coronavirus slams Japan’s dining scene

Takeshi Niinami, the head of Japanese drinks and food group Suntory Holdings and a government adviser, predicted on Friday that more than 20% of bars and restaurants could fail due to the coronavirus …

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Posted on June 6, 2020

Qatar emerges stronger: Philippine ambassador

Qatar has made economic adjustments to respond effectively to the difficulties presented by the blockade, Philippine ambassador Alan Timbayan has said.

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Posted on June 6, 2020

Over $7K Raised For Looted Malden Business

A clothing and shoe shop on Lebanon Street was looted early Monday, causing thousands of dollars in stolen goods and damages.

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