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Posted on May 18, 2020

Mongolia throws fresh power curveball at Rio Tinto

Rio Tinto has been surprised by a new Mongolian government plan to build a state-owned power station for the Oyu Tolgoi mine.

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Posted on May 18, 2020

What’s Behind The Ouster Of Nazarbaev’s Powerful Daughter In Kazakhstan?

Darigha Nazarbaeva, the influential daughter of first Kazakh President Nursultan Nazarbaev and officially next in line to rule Kazakhstan, was surprisingly dismissed as Senate speaker and thrown out …

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Posted on May 18, 2020

Kazakhstan: Would-be opposition political parties to get leg-up

Kazakhstan has made a token gesture toward political diversity by adopting rules to give non-ruling parties in parliament more of a say. The prospect of actual opposition groups getting into …

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Posted on May 18, 2020

Kazakhstan signs decree to cut oil output under OPEC+ deal: sources

The country had pledged to cut output by 390,000 barrels per day in May and June under the OPEC+ deal agreed in April …

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Posted on May 18, 2020

Saudi Arabia plowed billions into US stocks including Boeing, Disney, and Facebook last quarter

The kingdom’s sovereign-wealth fund revealed almost $10 billion in US holdings, up from about $2.2 billion at the end of December.

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Posted on May 18, 2020

Cash strapped Thai Airways to seek bankruptcy rehabilitation

Thailand’s government spokeswoman says flag carrier Thai Airways International will file a rehabilitation plan with the country’s Central Bankruptcy Court …

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Posted on May 18, 2020

Coronavirus update: Bangladesh doctors say effective drug combination found

Bangladesh has so far reported 20,995 coronavirus cases. A total of 314 people have lost their lives in the country due to the disease A Bangladeshi medical team led by a senior doctor has claimed …

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Posted on May 18, 2020

Hong Kong police had no systemic issues, says independent watchdog on protests

While Hong Kong’s police had no systemic issues as an institution, their alleged use of force in the city’s protests remains a personal and legal question by way of the complaints we received, says …

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Posted on May 18, 2020

US tells China not to intefere with its journalists in Hong Kong

The US on Sunday warned China against interfering with American journalists working in Hong Kong, in an escalating row between the two countries over press freedom and other issues. The two sides have …

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Posted on May 18, 2020

Tmoney suffers snowballing losses in Mongolia

By Park Jae-hyuk Tmoney is facing mounting losses from its business in Mongolia which it began ambitiously in 2015, the public transportation payment service provider’s regulatory …

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