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Category: FINANCE

Posted on June 13, 2020

UAE firms fear spike in payment defaults: study

Corporations in the UAE expect increased delays in payments from customers, a growing risk of default and an overall weakening in business performance as the country copes with the disruptive impact …

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Posted on June 13, 2020

Afghanistan- Germany Commits over AFN 5 Billion to Help Mitigate Social & Economic Aspects of COVID-19

The German Federal Ministry for Economic Cooperation and Development (BMZ) has pledged AFN 5.77 billion (EUR 69.8 million) to Afghanistan. The funds are for immediate and direct response to challenges …

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Posted on June 13, 2020

Reseachers in Thailand testing horseshoe bats for coronavirus

Researchers in Thailand began collecting samples from horseshoe bats to test them for coronavirus amid concerns they may pose a threat to local residents, a government statement said on Saturday.

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Posted on June 13, 2020

Lebanon Vows to Stabilize Currency After Night of Angry Protests

Lebanon’s top officials vowed to take measures to strengthen the pound against the dollar after nationwide protests over deteriorating living conditions reignited, piling pressure on the government to …

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Posted on June 13, 2020

Death of Hong Kong? Asia’s top financial hub can’t be ‘killed off’ by Macau, Hainan or even Shanghai

By comparison, out of Hong Kong’s 3.9 million workforce, around 850,000 are employed in finance, insurance and professional services – yes, more than twice Macau’s total workforce. Macau marks 20 …

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Posted on June 13, 2020

Georgia Champion Takes Top Honor at Prestigious International BioGENEius Challenge

Shreya Ramesh, a Milton High School senior, from Milton, Georgia, and local winner of the Georgia BioGENEius Challenge, has taken the top prize at the fiercely competitive International BioGENEius …

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Posted on June 13, 2020

Funding gaps jeopardise aid in Yemen as COVID-19 spreads -UN

United Nations aid agencies voiced alarm on Friday at the deteriorating humanitarian situation in Yemen as COVID-19 spreads and a lack of funding jeopardises life-saving programmes. “More than 30 of …

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Posted on June 13, 2020

Missiles in 2019 Saudi Oil Attacks Came From Iran, UN Says

Cruise missiles that slammed into a Saudi oil complex last year likely came from Iran, the United Nations concluded, lending support to U.S. allegations that Tehran was behind a series of attacks that …

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Posted on June 13, 2020

FIRST-EVER VIETNAM-RELATED LUXEMBOURG BANK FUND LAUNCHED

PHI Luxembourg Development S.A., a Luxembourg-based subsidiary of PHI Group, Inc., ( OTC Markets: PHIL), announced today that it.

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Posted on June 13, 2020

China’s Zijin Mining to buy Guyana Goldfields for $238 million

China’s Zijin Mining said on Friday it would acquire Guyana Goldfields for C$323 million ($238 million), bringing an end to a protracted takeover battle for the Canada-listed gold miner. Toronto-based …

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