South Korea received a top rating in an environment, social and governance assessment conducted by US credit rating agency Moody’s Investors Service, according to the Ministry of Economy and Finance …
Korea Leads Most of Asia Higher
Pacific were mixed on Tuesday as investors awaited remarks from U.S. President-elect Joe Biden’s nominee for Treasury secretary, Janet Yellen. The Nikkei 225 triumphed 391.25 points, or 1.4%, to …
Thai banking giants hit with double-digit profit drop last year
Two of Thailand’s financial giants – LH Financial Group (LHFG) and Tisco Financial Group (Tisco) – saw their net profits fall sharply last year amid the Covid-19 crisis.
Work From Home Is Here to Stay for One of Turkey’s Biggest Banks
Yapi ve Kredi Bankasi AS will become the first Turkish lender to allow some of its employees to work from home on a permanent basis, seizing on lessons from the coronavirus pandemic to offer more …
Indonesia raises 24.45 trln rupiah from debt auction, below target
Indonesia will hold an additional bond auction to sell as much as 28.05 trillion rupiah ($2.00 billion) on Wednesday after raising 24.45 trillion rupiah in Tuesday’s auction, below target, the finance …
Indonesia raises 24.45 trln rupiah from debt auction, below target
Indonesia will hold an additional bond auction to sell as much as 28.05 trillion rupiah ($2.00 billion) on Wednesday after raising 24.45 trillion rupiah in Tuesday’s auction, below target, the finance …
Hong Kong Stocks at 20-Month High as Record China Cash Floods In
Hong Kong stocks are set to close at their highest level since May 2019 as mainland investors continue a record spending spree in the city.
Monetary Authority of Singapore and Nation’s Association of Banks are Encouraging Consumers to Use E-Gifting for Lunar New Year
Monetary Authority of Singapore and nation’s Association of Banks are encouraging residents to use e-gifting for Lunar New Year.
Cambodia sees US$100 million co-financing scheme fund for SMEs fully subscribed
A SME enterprise co-financing scheme fund totalling US$100 million has been fully subscribed by mid-October last year, benefitting 753 SMEs, according to the SME Bank of Cambodia. The fund was …
North Korea parliament reshuffles economic officials
SEOUL — North Korea’s rubber-stamp parliament gathered Sunday to pass decisions made by a recent ruling party congress and carried out a major reshuffle of officials in charge of economic …