North Korea leader Kim Jong Un expressed his willingness to restore stalled communication lines with South Korea in early October to promote peace while shrugging off U.S. offers for dialogue as …
Saudi sees fuller state coffers next year on surging oil prices
Saudi Arabia has raised its revenue expectations for next year and plans to narrow its budget deficit to 1.6% of economic output as higher oil price …
UN official says Myanmar’s people are in ‘a severe crisis’
The U.N.’s top humanitarian official in Myanmar said Thursday the Asian nation’s people are living in “a severe crisis,” with a level of poverty not seen for at least 20 years. Speaking from Yangon, …
Iran urges S. Korea to solve problem of access to frozen financial assets
Iranian Foreign Minister Hossein Amir Abdollahian on Thursday urged South Korea to resolve the problem of Iran’s access to its financial assets frozen in the latter’s banks “as soon as possible.” In a …
Turkey seeks to become the new climate leader
In the past week, the world witnessed the emancipation of the new climate leader, Turkey. At the 76th session of the United Nations General …
Turkey, Malta to cooperate against financial crime
Both countries to share information on money laundering, terror financing, says deal in Turkey’s Official Gazette …
Exclusive survey: China’s financing and CPEC in Pakistan
The secrecy surrounding CPEC has finally been broken by a team of researchers in the US who have laid bare a massive dataset of over 13,000 projects across 165 countries worth a staggering $843 …
IFSCA constitutes panel for development of sustainable finance hub
IFSCA envisions GIFT- IFSC as a global hub for sustainable finance thereby acting as a gateway for channelizing foreign capital into India,” it said. In its endeavour to develop the required ecosystem …
Exploring Evergrande’s financial failures and why China’s government is stepping in
“Too big to fail” was a phrase used during the global financial crisis for large companies so over-extended that their collapse could cripple global finance. China is now trying to take a too-big …
Armenian Government Plans Major Rise In Spending
The Armenian government approved on Thursday the draft state budget for next year calling for significant increases in its expenditures on infrastructure projects, social programs, defense and …