The myth of their resilience helped the Lebanese function despite a miserably corrupt and inept state. No longer.
Spotlight: Moody’s latest downgrade to prevent Lebanon’s access to int’l markets: experts
Moody’s Investors Service has downgraded Lebanon’s issuer rating to C from Ca. The C rating reflects Moody’s assessment that the losses incurred by bondholders through Lebanon’s current default are …
Join top economist to learn how Israel can crawl out of COVID financial crisis
Trajtenberg will be presented to Times of Israel Community members this Wednesday, August 5, at 1 p.m. Eastern/8 p.m. Israel. If you’ve not yet joined the ToI Community, you can sign up here .
Dubai Investments reports 42% drop in half yearly profits
Dubai Investments has reported a 42 percent drop in net profit for first six months of the year, compared to H1 2019, blamed largely on the impact of the global coronavirus pandemic and a “one-off …
Finance minister defends ‘significantly better deal’ with Goldman Sachs
Tengku Zafrul Aziz says Malaysia opted for a pragmatic approach over a popular one after taking into account several factors.
Goldman Sachs Settles 1MDB Dispute With Malaysia for $3.9 Billion
The Wall Street bank will pay $2.5 billion to the government of Malaysia for its role in the alleged theft of billions of dollars from a government investment fund, and guarantee the recovery of $1.4 …
Heavy Rain Continues in Flood-Hit South Korea
Heavy rain continued in central South Korea on Monday, August 3, causing flooding to persist, and damaging homes, triggering landslides and forcing road closures, the Yonhap news agency reported. This …
India: COVID-19 lockdown reveals financial, job fault lines in Kerala
People fight on Kochi streets for food kits after shops closed for few days Thiruvananthapuram: Kerala’s remittance-driven economy that has taken a severe beating since the coronavirus outbreak is now …
India’s international development assistance programmes need revisiting
Development cooperation has clearly become a significant aspect of Indian foreign policy discourse and strategic thinking. In the last two decades, lines of credits worth more than $25 billion have be …
China Life sweeps seven accolades at Institutional Investors’ 2020 All-Asia Executive Team rankings
China Life Insurance Company Limited (“China Life” or the “Company”) (SSE: 601628; SEHK: 2628; NYSE: LFC) is pleased to announce that the Company has won seven awards from Institutional Investor’s …