Gov. Brian Kemp Thursday, Jan. 14, called for increasing funds to Georgia public schools by more than $1.2 billion to help offset cuts to education the General Assembly imposed last …
Number of compulsory real estate insurance contracts in Azerbaijan almost triples
The Azerbaijan Insurers Association (AIA) has announced the number of contracts concluded by local insurance companies on compulsory real estate insurance, the AIA told Trend. According to the AIA, in …
Turkey’s State-Owned Banks Cut FX Risks as Policies Unwind
Turkey’s state-owned banks have slashed the gap between their foreign-currency assets and offshore liabilities, a fresh signal that the government will unwind unorthodox policies that caused lenders …
China Seen Slowing Cash Injections as Leverage Builds in Bonds
China’s central bank will likely reduce the amount of one-year cash it offers lenders this month after excess liquidity pushed an interbank borrowing cost to an all-time low.
Qatar Financial Centre wants to attract $25 billion of foreign investments by 2022 as Gulf rift ends
Qatar Financial Centre has targeted $25 billion of foreign direct investment inflows by 2022, its CEO Yousuf Al-Jaida told CNBC in an exclusive interview.
End of Gulf rift will bring foreign investment to Qatar: Financial center CEO
Jaida of the Qatar Financial Centre says the end of the blockade on Qatar is a “historic moment” that will bring more travel and more access to markets in the region. He says he’s “very optimistic” …
Bank of Israel to buy $30 bln of forex in 2021 as shekel soars
The Bank of Israel plans to buy $30 billion of foreign currency this year to help stem appreciation of the shekel ILS=, it said on Thursday. The shekel earlier in the day reached 3.11 per dollar, its …
Driven by Coronavirus, Macau Commercial Rents Bottomed Out in 2020
According to JLL in its Macau Year-end Property Review 2020, Macau’s overall property market experienced a relatively moderate contraction in 2020, thanks to its success in having Covid-19 under …
Hong Kong emigration to Britain could mean $36 billion capital outflow
Hong Kong residents leaving the city to move to Britain could trigger capital outflows of HK$280 billion ($36 billion) this year from the Asian financial centre, a new report published by Bank of …
China, Brunei vow to push bilateral cooperation to new high
Brunei Sultan Haji Hassanal Bolkiah met with visiting Chinese State Councilor and Foreign Minister Wang Yi here Thursda …