Equity mutual funds in India suffered their first monthly outflow in more than four years as retail investors cashed out to tide over the pandemic-related cash crunch even as stocks continued their …
Manulife Hong Kong reports financial results for second quarter and first half of 2020
The Manulife group of companies operating in Hong Kong (“Manulife Hong Kong”) today announced positive financial results for the second quarter and first half of 2020. Despite the challenges of …
Taiwan President Tsai, U.S. Health Chief Azar Speak
Taiwan President Tsai Ing-wen welcomes U.S. Health and Human Services Secretary Alex Azar, who arrived on Sunday for the highest-ranking visit by an American official to the island in decades. The …
Why the fuss? The US, Taiwan and China — a guide
Why has the United States’ highest-level visit to Taiwan for four decades sparked such anger from Beijing? Here is a recap of the key issues surrounding the delicate relations between the US, China …
Malaysia’s ex-finance minister charged again in graft case worth $1.5 bn
Malaysia’s former finance minister pleaded not guilty to a second corruption charge related to a $1.5 billion undersea tunnel project and slammed the case as a trumped-up charge by new government …
Dubai’s real estate activity is ‘impressive’ despite the virus, property developer says following fall in sales
Despite the global pandemic, Dubai has seen “impressive levels” of real estate transactions over the past few months, Aqil Kazim of Nakheel said last week.
UAE- GCC states to spur sukuk’s rally to $170B in H2
GCC countries will lead a rally in sukuk issuance in the second half of 2020, with low oil prices and a consequent surge in deficits triggering strong financing demand among sovereign issuers, Moody’s …
Rising popular anger over Nepali government’s response to COVID-19
The Kathmandu government has reacted to youth protests over its failure to contain the coronavirus pandemic by arresting demonstrators.
RBI’s Silence on Record India Bond Sales Leaves Traders Baffled
The Reserve Bank of India’s monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply.Their patience is running thin as the RBI …
India’s refusal to bail out airlines is putting them on the verge of collapse
The Covid-19 outbreak followed by months of lockdown and the ensuing need for social distancing came to haunt India’s aviation industry at a time when it was already struggling with high fuel prices …