Lebanese pound hits new lows, protesters back in streets; “We are seeing a steady deterioration”: diplomat; senior appointments show no change in governance; IMF talks still at diagnostic stage: sourc …
Lebanon’s ‘printing money’ to finance government operations
Hopes of a quick rescue deal with the International Monetary Fund have faded, with talks complicated by a row between the government and central bank over the scale of the losses in the financial …
Central Bank on Standby as Israel Spends Its Way Out of Crisis
The Bank of Israel wants a primarily fiscal response to the Covid-19 crisis, and will provide support including expanding a record bond-purchasing commitment if needed to keep borrowing costs low.Gove …
Iran, Azerbaijan discuss activity of joint commission, co-op projects
Iran hopes that that 14th meeting of the Azerbaijan-Iran Joint Interstate Commission will be held in Tehran in the near future, with full compliance of health protocols, I ranian Finance and …
Sri Lanka- Committee to probe malpractices at finance and leasing companies
The Central Bank has appointed a three-member committee to probe malpractices at finance and leasing companies. The committee will be chaired by the Director General of Legal Affairs of the …
Government to raise USD 500 million to finance Vote on Account
The Government of Sri Lanka (GOSL) intends to raise a Foreign Currency Term Financing Facility (FTFF) denominated in United State Dollars (USD) up to a limit of USD 500 million in 2020, the Ministry …
RPT-UPDATE 3-Malaysian prime minister names Petronas finance chief as new CEO
Malaysia’s prime minister on Saturday appointed the finance chief at Petroliam Nasional Bhd (Petronas) to take over as chief executive at the state energy company, at a time when lower oil prices and …
Iran to Import Goods From Iraq Using Trapped Energy Revenues
Iran plans to import goods from Iraq using billions of dollars of gas and electricity revenues stuck in the country due to U.S. sanctions.
Breakingviews – China-UK stock link’s glitches go beyond politics
China Pacific Insurance has broken a year-long dry spell for the stock market link between China and Britain. The $32 billion financial group on Wednesday raised $1.8 billion on the London Stock …
FCA Bans 3 Cyprus Firms From Selling Risky Derivatives
Britain’s finance watchdog said Monday that three Cypriot companies have been banned from selling so-called contracts for difference to clients in the U.K. as it cracks down on the speculative …