Japan remains committed to its aim of balancing a budget by the fiscal year-end in March 2026, Finance Minister Taro Aso said on Friday, shrugging off speculation that the coronavirus stimulus …
Indonesia raises record high $1.27b from retail bonds sale
Indonesia has raised Rp 18.33 trillion (US$1.27 billion) from government retail bond issuance ORI-017, the Finance Ministry announced on Monday, the highest proceeds ever recorded in an online bond …
Walmart invests additional $1.2 billion in India’s Flipkart to increase stake
Walmart is increasing its stake in Flipkart by investing an additional $1.2 billion in the Indian e-commerce giant. The fresh equity round from Walmart, which acquired majority stake in Flipkart for …
Hedge Fund Challenges Latam Shareholders to Finance Airline’s Bankruptcy
Hedge fund Knighthead Capital Management and other investors challenged a proposed loan to carry Latam Airlines Group through bankruptcy, saying the rescue financing would enrich some of the company’s …
Lebanon’s cash crunch now faces a trash crisis, again!
Bankers have “smuggled” up to $6bn out of Lebanon since October, circumventing controls introduced to stem capital flight, according to the country’s former top finance civil servant, Alain Bifani, …
Israel will always be a Jewish state
It is not surprising that at a time when nearly all the American values that have served our nation for generations are being rejected upon the flimsiest and most dangerous of theories, an Upper West …
UAE completes phase 1 of e-Dirham transformation
The UAE’s Ministry of Finance (MoF) has announced the completion of phase one of the transformation of the e-Dirham system, in cooperation with relevant ministries and national banks across the UAE.
Philippines Central Bank to Keep Easy Policy Over Next Two Years
The Philippine central bank will likely keep policy accommodative over the next two years to deal with lingering economic damage from the coronavirus pandemic, Governor Benjamin Diokno said …
6% women have access to finance
For the economic empowerment of women to tap their economic potential and for a positive cyclical effect, institutional mechanisms and partnerships are needed in terms of access to finance and …
Covid-19: Pakistan among twelve nations facing education emergency
British charity Save the Children has bracketed Pakistan among a group of 12 countries … extreme poverty by 2030 – also called on G20 finance ministers to take additional steps to further …