Only one out of the 28 non-listed insurance companies offloaded shares even though Finance Minister AHM Mustafa Kamal in September last year warned that their licences will be cancelled if they fail …
Indonesia Blockchain Week 2020 opens with decentralized finance in the spotlight
Indonesia Blockchain Week (IBW) 2020 kicked off on Aug. 18, with an audience of more than 2,500 tuning into the opening ceremony.
World Bank’s Malpass: China needs to ‘fully participate’ in debt relief
World Bank President David Malpass said that China and its creditors need to participate in coordinated efforts to provide debt relief to the world’s poorest countries.
China Mengniu, Kirin Scrap Australia Deal Over Political Tension
China Mengniu Dairy Co. and Kirin Holdings Co. terminated their agreement for the purchase of the Japanese company’s Australian beverage unit amid strained relations between Sydney and Beijing.The ann …
Finance ministry expects economy to shrink by 7 per cent
The finance ministry is sticking to its basic scenario of the economy shrinking by 7 per cent this year due to the fallout of the coronavirus crisis, Minister Constantinos Petrides said on Monday.
Bahrain raises debt ceiling to finance public spending – cabinet
The debt ceiling was also increased to pay for other expenditure and to cover debt instalments for the financial years 2020 through 2022 …
Facebook blocks group of one million critical of Thai monarchy amid government pressure
Facebook on Monday blocked access within Thailand to a group with 1 million members that discusses the country’s king, after the Thai government threatened legal action over failure to take down …
Iran’s increasing reliance on China
The relationship between China and Iran has been in the spotlight recently. A huge, 25-year deal is reportedly being considered that would see $400 billion of Chinese investment in Iranian energy and …
The Quiet Man in Stockholm Who Laundered China’s Oil Money for Iran
By all outward appearances, Hatam Khatoun Nema was a small-time money changer working from a nondescript office in Järfälla, a workaday Stockholm suburb.
Blockchain Bites: Aave’s Advance, BitMEX’s Block, Turkey’s Bitcoin Trot
Turkey is in a bitcoin bull run, a Fed branch is studying blockchains to possibly support a “digital dollar” and Aave unleashed unsecured borrowing on DeFi.