“China is really an impressive example of an outlier in the positive sense,” the IMF’s Tobias Adrian told CNBC Tuesday. Its GDP (gross domestic product) came in at 2.3% last year and is expected to …
Dutch bank to invest $50m in Bangladesh microfinance lender
Dutch development bank FMO has approved a $50 million investment in Bangladesh-based microfinance lender BRAC. BRAC has a microfinance loan portfolio of $3.2 billion and serves more than 7.4 million …
Dutch bank to invest $50m in Bangladesh microfinance lender
Dutch development bank FMO has approved a $50 million investment in Bangladesh-based microfinance lender BRAC. BRAC has a microfinance loan portfolio of $3.2 billion and serves more than 7.4 million …
China’s March Forex Reserves Fall to $3.17 Trillion
BEIJING – China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies. The country’s foreign …
JD Digits Plans Finance Holding Company as China Tightens Rules
JD Digits Technology Holding Co. is planning to set up a financial holding company to comply with regulatory rules in China’s fintech sector, according to people familiar with the matter.The holding …
Pakistan’s economy to grow 4.0 pc by 2021-22: IMF
This however, is in contrast to the revised growth forecast of 3.0 percent for current fiscal year by State Bank of Pakistan (SBP). The actual growth rate target set by the federal government for the …
India hosts 1st meet of BRICS Finance Ministers, Central Bank Governors
New Delhi: India hosted a meeting of BRICS Finance Ministers and Central Bank Governors virtually on Tuesday. The meeting, jointly chaired by Finance Minister Nirmala Sitharaman and Reserve Bank of …
For the second time, China has ‘fared well’ in a major crisis: IMF
“China is really an impressive example of an outlier in the positive sense,” the IMF’s Tobias Adrian told CNBC Tuesday. Its GDP (gross domestic product) came in at 2.3% last year and is expected to …
China’s March Forex Reserves Fall to $3.17 Trillion
BEIJING – China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies. The country’s foreign …
JD Digits Plans Finance Holding Company as China Tightens Rules
JD Digits Technology Holding Co. is planning to set up a financial holding company to comply with regulatory rules in China’s fintech sector, according to people familiar with the matter.The holding …