Saudi Arabia’s sovereign wealth fund hired a former chief risk officer at Morgan Stanley Investment Management, Feta Zabeli, as it expands its international portfolio, according to people familiar …
Saudi Arabia’s PIF trades its way to profits on stock market resilience
PIF weighed into global equity markets with nearly $8bln of investment in a range of US and European blue chip stocks …
Ctrl2GO Concludes Partnership With Saudi Arabia For Maintaining The Country’s Strategic Assets
The Ctrl2GO global provider of predictive analytics and maintenance services has announced that it has entered into a strategic partnership agreement with Saudi Arabia. The framework of the partnershi …
Shift under way in Saudi Arabia towards e-commerce and digital transactions
buoyed by the efforts of the Saudi Arabia Monetary Authority (SAMA) to encourage its development and rising demand for innovative solutions. Topical issues examined include the steps finance companies …
Thailand’s economy sees biggest second quarter contraction since Asian financial crisis
Southeast Asia’s second-largest economy shrank 12.2 per cent in April-June as the coronavirus pandemic hit trade, tourism and exports.
HCM City’s District 2 to become a financial centre in Vietnam
HCM City’s District 2 will become a financial centre and an important part of a planned “innovative urban area” in the eastern part of the city, Nguyễn Thiện Nhân, general secretary of the HCM City …
Philippine Trade Chief Pushes for Looser Virus Curbs in Capital
The Philippines’ trade department wants looser movement restrictions in the capital region to enable more people to go to work, Secretary Ramon Lopez said.
Japan Has Always Scraped By. Covid Will Make That Harder
Despite being written off by skeptics as an economic wasteland for the past three decades, Japan has often managed to scrape by, and has even enjoyed periods of sustained growth. The Covid-19 pandemic …
Japan’s economy shrinks at record rate, slammed by pandemic
Japan’s economy shrank at annual rate of 27.8% in April-June, the worst contraction on record, as the coronavirus pandemic slammed consumption and trade, according to government data released Monday.
China First Out, Slump-Recovery Ballot, Resilience Test: Eco Day
Welcome to Monday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help you start the week:China’s economy, the first to succumb to the coronavirus, is proving to be the fastest …