Thailand will increase a mandatory quarantine period for all arrivals to two weeks in a setback to the country’s previous plans of gradually reopening its borders to foreign visitors. The Southeast …
Biden administration eyes major rollback in Iran sanctions to revive nuke deal
Any concessions beyond nuclear-specific sanctions would likely be seized upon by Republican critics and others as proof the administration is caving to Iran.
How China’s Digital Currency Could Fracture Global Finance
Digital currencies have been pulled into the geopolitical arena, and, just as strategic supply chains are decoupling, central bank digital currencies will fracture the global financial landscape into …
Imran Khan launches two new schemes for overseas Pakistan
Pakistan prime minister Imran Khan on Thursday launched two new schemes – Roshan Apni Car (car finance) and Roshan Samaji Khidmat (charity) – for overseas Pakistanis who have Roshan Digital Accounts …
China’s Big Five Banks Boost Profits, but Margins Shrink
Five of China’s largest state-owned banks have reported higher first-quarter net profits, helped by a rebound in the country’s economy from the coronavirus pandemic. But margins – a key indicator of …
How India’s Vaccine Drive Crumbled and Left a Country in Chaos
India also all but stopped shipping vaccines to elsewhere in the world, prompting its neighbors to seek help from China. The finance minister of India’s southern state of Kerala, Thomas Isaac, called …
How China’s Digital Currency Could Fracture Global Finance
Digital currencies have been pulled into the geopolitical arena, and, just as strategic supply chains are decoupling, central bank digital currencies will fracture the global financial landscape into …
China’s Big Five Banks Boost Profits, but Margins Shrink
Five of China’s largest state-owned banks have reported higher first-quarter net profits, helped by a rebound in the country’s economy from the coronavirus pandemic. But margins – a key indicator of …
Apple, Tesla Earnings Reports Show An Increasing Reliance On China As A Market
Apple Inc (NASDAQ: AAPL) and Tesla Inc (NASDAQ: TSLA) are both increasingly dependent on China for generating revenues, the latest respective company earnings indicate. What Happened: In the quarter …
Macao Foundation subsidies handed in Q1 drop 44 pct y-on-y
Financial support doled out by the Macao Foundation has dropped by 44 per cent year-on-year in the first quarter of this year, with the Ma …