Uzbekistan’s Finance Ministry has proposed to cut some budget expenditures of the state organizations to create a reserve fund to combat the impact of the novel coronavirus pandemic, said a draft …
Saudi PIF invests $4.7 bln in exchange traded funds in Q2, cuts blue-chip stakes
Saudi Arabia’s sovereign wealth fund, has sharply cut direct stakes in some major blue-chip companies and invested nearly $4.7 billion in sector-specific exchange traded funds, according to a U.S …
COVID-19 concerns deeper in Philippines than most of Asia
Filipinos are more concerned about the impact of the coronavirus disease 2019 than the majority of other countries in Asia, a survey by Manufacturers Life Insurance Co. Philippines Inc. showed.
US-based SEAF invests in Philippines startup CloudCfo
Washington-based equity management firm Small Enterprise Assistance Fund (SEAF) on Friday announced its second investment in the Philippines through CloudCfo, a technology-driven provider of …
India Government Eyes RBI Payout to Cushion Yawning Budget Gap
India’s Finance Minister Nirmala Sitharaman can expect another payout from the central bank in coming weeks, but it’s unlikely to plug a huge government revenue hole created by the pandemic.
India to take equal, proportional measures if other countries impose trade barriers: Goyal
India will take “equal and proportional measures” to protect domestic manufacturing if other countries continue imposing restrictions or barriers on Indian goods, Commerce and Industry Minister Piyush …
Israel, U.S. near deal to exclude China from Israeli 5G networks -U.S. official
Israel and the United States are nearing a deal whereby Israel would commit not to use Chinese technology for its next generation 5G mobile telecoms networks, a U.S. official said. The newspaper …
The Israel-UAE Deal Is Trump’s First Unambiguous Diplomatic Success
Trump’s new restrictions on Chinese apps and technology are so far-reaching that the future of the open internet is at stake. As protests rock another post-Soviet state, the Kremlin could be in an …
Palestinians warn Israel-UAE deal imperils Jerusalem’s Al-Aqsa mosque
Angry Palestinians in Jerusalem accused the United Arab Emirates of collaborating with Israel and endangering Al-Aqsa mosque – Islam’s third-holiest site – as they gathered for Friday prayers the day …
Israel-UAE peace deal is a tribute to Trump’s Iran policy: Marc Short
Vice President Mike Pence’s chief of staff Marc Short says the Trump administration continues to encourage people to wear face masks when in crowded spaces but doesn’t believe in mandating it for all …