Demand for the Hong Kong dollar is swelling before a mega Chinese share sale in the city, ending the currency’s brief period of weakness.
Hong Kong security law: China doubles down on support for city as finance hub as concerns mount over its future
Beijing is expanding existing financial schemes and voicing continued support for Hong Kong’s role as a gateway for international investors into China, amid concerns about the impact of a new …
Hong Kong Bracing for Worst Wave of Virus and It’s Not Ready
Hong Kong is facing its worst coronavirus outbreak, and the city is woefully unprepared for the surge.With local infections growing to 560 in about two weeks, the Asian financial hub has been taken …
AIIB approved EUR45 million loan to Georgia
Before the pandemic, Georgia adopted reforms under the EMCP … diversifying sources of finance, and improving the quality of the education system and macro-fiscal management.
Singapore’s central bank hires Jeanne Stampe to grow green finance
Jeanne Stampe has joined Singapore’s central bank, the Monetary Authority of Singapore (MAS), as green finance resource lead.
Coronavirus latest: Developed market countries borrowed $11tn from January to May
Today’s top stories: Hard-hit Delhi records slower rate of Covid-19 cases. The Australian state of Victoria records a continuing surge in new cases. The outbreak in China’s Xinjiang region spreads.
Hatton National Bank PLC — Moody’s extends review for downgrade on three Sri Lankan banks’ ratings
Nevertheless, Moody’s could confirm the ratings if Sri Lanka’s sovereign rating is confirmed. A downgrade of the sovereign rating could lead to a downgrade of the banks’ BCAs and long-term ratings.
Iraq seeks to revive its regional role through Iran
It has led to economic and financial losses for Iraq amid the sharp fall in oil prices. The prime minister is also going to visit Saudi Arabia, which has very important messages and results. The prime …
Libya conflict: Turkey is looking for a ‘third way’ in Sirte
First, it aims to protect Turkey’s financial, energy, military and geopolitical interests in Libya. Second, it is part of Turkey’s ongoing power struggle with counter-revolutionary Arab forces (the …
ADB commits support for infrastructure, finance sectors
MANILA, Philippines — Manila-based Asian Development Bank (ADB) has committed to continue providing support for crucial infrastructure and financial sector development among its member countries …