DUBAI (Reuters) – The transportation minister of the Houthi-controlled administration in Yemen, Zakaria al-Shami, died on Sunday of complications of coronavirus infection, two Yemeni officials said.
Goldman’s Saudi Investment Bank Chief Said to Leave for PIF Role
Goldman Sachs Group Inc.’s head of investment banking for Saudi Arabia is leaving to join the kingdom’s sovereign wealth fund, according to people familiar with the matter, the latest in a string of …
Pentagon chief makes surprise stop in Afghanistan as generals warn of premature drawdown
KABUL, Afghanistan — Defense Secretary Lloyd Austin made a surprise stop in Afghanistan on Sunday, his first as Pentagon chief, as top generals warn that the country could fall into chaos if U.S …
Austin Visits Afghanistan as Trump-Set Troop Deadline Nears
Defense Secretary Lloyd Austin made an unannounced visit to Afghanistan as the U.S. weighs the future of its troop presence and the risk of further territorial gains by the Taliban. President Joe …
Turkey Bulls Are Wrong-Footed After Central-Bank Hawk’s Ouster
Global investors who had wagered on Turkey’s return to a more orthodox monetary policy braced for a rough ride after President Recep Tayyip Erdogan replaced the central bank’s hawkish governor with an …
Philippines banks have medium risk exposure to money laundering, terror financing
Domestic banks and other financial institutions have a medium risk exposure to money laundering, terrorist and proliferation financing, according to the result of the Third Sectoral Risk Assessment …
Philippines debt to GDP ratio rises to 54.5% in 2020
The country’s risks from debt exposure are minimized even as the share of debt to gross domestic product rose to a 14-year high in 2020, according to the Department of Finance.
Virus surge poses threat to Philippine economic recovery
THE fresh surge in coronavirus disease 2019 (COVID-19) cases is threatening an already fragile Philippine economic recovery, government officials said. Malacañang on Sunday announced tighter …
BB governor asks Janata Bank to improve its financial health
In the December quarter, the bank’s capital shortfall stood at Tk 5,475.1 crore, rising by a staggering Tk 5,217.5 crore in just three months …
Bangladesh to go ahead to materialize Bangabandhu’s dream: Kamal
Finance Minister AHM Mustafa Kamal today said Bangladesh has achieved remarkable success in all socio-economic indicators and the country will move forward further to materialize the dream of Father …