China’s vaccine specialist CanSino Biologics Inc has won a patent approval from Beijing for its COVID-19 vaccine candidate Ad5-nCOV, state media reported, citing documents from the country’s …
China Central Bank Injects 700 Billion Yuan of MLF Loans, Rates Steady for Fourth Month
China’s central bank on Monday rolled over maturing medium-term loans while keeping borrowing costs unchanged for the fourth straight month. The People’s Bank of China (PBOC) said in a statement it …
QFBA-Northumbria University to host panel discussion
Northumbria University, in partnership with leading financial institutions in Qatar, will host an online panel discussion on different approaches university graduates can take to effectively pursue …
QIB mobile app gets new features
Qatar Islamic Bank (QIB) has introduced new features to its mobile app, in line with its ongoing efforts to provide customers with innovative digital options to fulfil all their banking needs, …
Israel economy sinks nearly 30% in second-quarter; spending, exports slide
Israel’s economy shrank by an annualised 28.7% in the second quarter, hit hard by the COVID-19 pandemic that has led to mass job losses and weaker consumer spending, trade and investment. Preliminary …
Israel-UAE Deal Leaves Palestinians in the Cold
Israel was dropping its pending annexation … The deal sweetener was access to vast American and international financial aid, as well as entry into the Israeli job market and economy.
Israel enters deep recession, says statistics bureau
Private consumption dropped by 43.4%, with a 41.7% dip in imported goods and services reported on Sunday. The prime minister claims that Israel’s drop is “half of what it is in the EU.” …
Sri Lanka to strengthen banking, financial sectors: Minister Cabraal
Sri Lanka must strengthen its banking and financial sectors amidst the COVID-19 pandemic, a newly appointed State Minister of Finance and Capital Markets and Public Enterprise Reform Ajith Nivard …
Thai Savings Bank to Offer Loans With Motorcycles as Collateral
Government Savings Bank, Thailand’s biggest state-owned lender, will start accepting vehicles as collateral for the first time in its 107-year history, as more individuals seek small-ticket loans amid …
Japan’s economy suffers record 27.8% contraction in April-June
Japan’s economy shrank an annualised 27.8% in April-June to mark the sharpest contraction on record, government data showed on Monday, underscoring the pain the COVID-19 pandemic inflicted on the …