Arabian Centres Company (ACC) will be distributing cash dividend worth 237.5 million Saudi riyals ($63 million) to its shareholders as its financial position has improved despite market disruptions …
Tadawul Announces the Launch Date of the Saudi Derivatives Market and Index Futures
The Saudi Stock Exchange (Tadawul) announced today that the launch of exchange-traded derivatives will be on 30 August 2020. The first exchange-traded derivatives product is an index futures contract, …
KPMG: Saudi government’s agility limits impact of Covid-19 pandemic
The setting up of governing mechanisms under Saudi Arabia’s Vision 2030 to promote intergovernmental collaboration was a big support to the swift response to limit the spread and economic …
PHILUX Capital Advisors Signs MOU for Comprehensive Cooperation with Vietnam-based Hoang Quan Group
Plans to provide up to USD 200 million for social housing, industrial parks and other real estate development programs in VietnamNew York, July 14, 2020 (GLOBE NEWSWIRE) — PHILUX Capital Advisors, …
PH financial market distortions due to pandemic temporary, says BSP chief
The Philippine financial system remains strong and any damage that the COVID-19 pandemic has inflicted on it is temporary, according to the head of the country’s central bank. Bangko Sentral ng …
U.K. Bond Rates Lower Than Japan’s Warn Economic Pain to Drag On
The U.K. now offers lower returns on its debt than its Japanese peers, the latest sign investors are betting on further interest-rate cuts to stave off a deep recession.The yield on the U.K.’s …
Japan Finance Ministry names new top bureaucrat, currency diplomat
Japan’s Finance Ministry reshuffled its top brass Tuesday, with Budget Bureau chief Mitsuru Ota promoted to the highest-ranking burea …
Japan provides ¥269 million for JDS Third Framework
The Government of Japan has provided ¥269 million (approximately Rs.457 million) to facilitate a third batch of students for Master’s Degrees and PhD programmes under the Japanese Grant Aid for Human …
U.K.’s Two-Year Bonds Yield Less Than Japan’s for the First Time
The yield on the U.K.’s two-year bonds declined to an all-time low of minus 0.129%, inverting the spread between the nations’ securities for the first time on record. The gaps on five- and 30-year …
Time for Japan to present a credible energy policy
The nation should not miss the opportunity to restructure its economic and energy-consumption structure for future generations.