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Posted on June 3, 2020

Lebanon seeks foreign government-backed financing for power plants after default

Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable terms can be agreed with help from …

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Posted on June 3, 2020

Bus strikes roadside bomb in southern Afghanistan; 9 killed

A roadside bombing in southern Afghanistan on Wednesday killed nine passengers travelling on a bus through … including a woman and several children. Financial Express is now on Telegram. Click here …

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Posted on June 3, 2020

Myanmar appoints regional minister for planning, finance

Myanmar’s Yangon Region Parliament unanimously agreed to appoint U Ye Min Oo as a regional minister for planning and finance on Wednesday (June 3).

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Posted on June 3, 2020

What will move the Luks (vietnam Holdings) share price?

Shares in Luks (vietnam Holdings) (HKG:366) are currently trading at 1.22 but a key question for investors is how the economic uncertainty caused by …

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Posted on June 3, 2020

Turkey’s Hedge Funds Are Latest Casualties of Currency Clampdown

Turkey will no longer allow investors to set up hedge funds that invest primarily in foreign-exchange assets and will start taxing existing ones, the latest measures designed to clamp down on local …

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Posted on June 3, 2020

ADB expands trade finance programme to support private sector in Bangladesh

By Business Desk :The Asian Development Bank (ADB) has expanded the Trade Finance Program (TFP) to support private sector in Bangladesh by raising its financing limit to $755 million from $518 million …

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Posted on June 3, 2020

WFP’s appeal to help Bangladesh

We appreciate the World Food Programme (WFP) issuing an urgent call for USD 320 million to provide food and financial assistance to the most vulnerable families in Bangladesh during this pandemic.

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Posted on June 3, 2020

Macquarie Surrenders Office Space in Hong Kong’s Top Building

Macquarie Group Ltd. is handing back a portion of its office space in Hong Kong’s One International Finance Centre, a move expected to become increasingly popular among finance firms in the city.

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Posted on June 3, 2020

Bank ABC Group Enters Founding Partnership Agreement With Bahrain FinTech Bay

Bank ABC, founded in 1980, is listed on the Bahrain Bourse and our major shareholders are the Central Bank of Libya and Kuwait Investment Authority. Bank ABC is a leading provider of Trade Finance, …

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Posted on June 3, 2020

Iraq pledges to further cut oil output

Iraq will further cut its oil output and remains committed to the OPEC+ deal, finance minister and acting oil minister Ali Abdul Ameer Allawi said on Twitter. OPEC and its allies such as Russia are …

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