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Posted on June 2, 2020

The Latest: South Korea reports 58 new virus cases | Raleigh News & Observer

South Korea has reported 58 new cases of the coronavirus, all in the Seoul metropolitan area, as officials scramble to stem transmissions linked to a massive e-commerce warehouse near the capital.

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Posted on June 2, 2020

‘Border’ born in no man’s land amid India-Nepal tension, Akhilesh Yadav announces financial help

A woman named Jantara gave birth to the child in the no man’s land between India and Nepal. She named her son ‘Border’.

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Posted on June 2, 2020

North Korea, South Korea Exchange Fire in First Clash in Years

North Korea fired “several times” at a South Korean military guard post at about 7:41 a.m., and was met with retaliatory shots and a verbal warning, the latter’s Joint Chiefs of Staff said …

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Posted on June 2, 2020

Nepal To Strengthen Relations With Neighbouring Nations: Finance Minister

“Foreign policy will be drafted on the basis of mutual benefits and respect, international commitment and responsibilities and justice,” said Dr Khatiwada while presenting the annual budget for …

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Posted on June 2, 2020

Saudi Arabia to inject $13.3 billion into banking system

Saudi Arabia will pump 50 billion riyals ($13.3 billion) into the banking system to help manage the fallout from the coronavirus pandemic and the drop in oil prices.

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Posted on June 2, 2020

Vietnam War veteran earns Hometown Hero Award

Raymond “Chip” Lynch of Nassau, a highly decorated 101st Airborne Division soldier in the Vietnam War, has been selected to receive this year’s Rev. Francis A. Kelley Hometown Hero Award. Lynch will …

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Posted on June 2, 2020

ANZ to sell New Zealand asset finance unit to Japan’s Shinsei Bank for $479 million

Australia and New Zealand Banking Group on Tuesday agreed to sell its New Zealand-based asset finance unit for NZ$762 million ($479 million) to Japanese financial institution Shinsei Bank Ltd …

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Posted on June 2, 2020

Japan Finance Minister Sees Fiscal Situation Worsening as Virus Hits Tax Revenue

Japan’s fiscal situation will further deteriorate following the compilation of stimulus budgets as tax revenue will likely fall due to the impact of the coronavirus on economic activity, Finance …

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Posted on June 2, 2020

ADB expands trade finance programme to support Bangladesh’s private sector

The Asian Development Bank (ADB) has expanded the Trade Finance Programme (TFP) to support the private sector in Bangladesh, by raising its financing limit to $755 million from $518 million at the end …

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Posted on June 2, 2020

Bangladesh stock market regulator moves to coordinate with financial market watchdog

Two key regulatory institutions overseeing Bangladesh’s financial services industry and the capital market will work together to remove barriers borne out of lack of coordination, new head of …

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