The departure of Uttama, who confirmed his resignation at a briefing, comes as the government has been rolling out billions of dollars of stimulus measures in a bid to support an economy battered by …
Thai finance minister says to resign amid economic team shakeup
Thailand’s Finance Minister Uttama Savanayana on Thursday handed in his resignation, in a move that adds uncertainty to policy making at a time when Southeast Asia’s worst-performing economy is …
UN must renew the arms embargo against Iran
Due to Iran’s efforts to overthrow foreign governments, finance terror, illegally test-fire intercontinental ballistic missiles, and many other malign activities, it is known as the world’s largest …
EMERGING MARKETS-Thai baht hits one-month low as finance minister resigns
The Thai baht fell to a one-month low on Thursday after the surprise resignation of the country’s finance minister, while the Indonesian rupiah weakened as investors braced for a fourth interest rate …
Japan firms see no immediate fix for virus pain, some eye better productivity: poll
Nearly half of Japan’s companies have no immediate plans in place to help counter the impact of the coronavirus pandemic, although a third of those surveyed in a Reuters poll indicated they were …
Philippine court rejects OceanaGold’s bid to keep mining on expired permit
A Philippine court has thrown out an appeal by a mining company seeking to continue operations despite its permit having expired last year. The decision by the Philippine Court of Appeals against …
Wife of Japan official who killed self in Moritomo scandal seeks truth in court: interview
Hearings for a lawsuit filed by the wife of a Finance Ministry official who killed himself after becoming entangled in the Moritomo document …
Japan’s domestic tourism campaign faces scrutiny as coronavirus spikes in Tokyo
A multi-billion dollar Japanese campaign to boost domestic tourism faced scrutiny on Thursday with the economy minister due to meet experts as critics worried that encouraging people to travel out of …
Pakistan on way to success through digital economy, education: Alvi
President Dr Arif Alvi on Wednesday said Pakistan had immense potential in the field of digital economy and digital education and stressed the importance of fast data communication modes to explore …
SBP sets target to boost housing finance
The State Bank of Pakistan (SBP) has decided to set a mandatory target for commercial banks for extending mortgage loans and financing for developers and builders. “Banks will be required to increase …