China’s banking regulator is strengthening oversight of consumer finance firms with a new annual scoring system, continuing to step up scrutiny as the likes of Ant Group Co. are setting up new units …
Russian investment company predicts economic growth in Azerbaijan for 2021
OPEC’s average surplus capacity to be on decline in 2021-22 Oil&Gas 10:04 OPEC crude output falls to lowest annual average since 2002 Oil&Gas 10:01 …
Softlogic Finance issues clarification regarding punitive action by CBSL
The Central Bank of Sri Lanka recently issued a statement on penalties imposed against several financial institutions, including Softlogic Finance PLC for non-compliance with regulatory requirements …
Withers banking duo joins Singapore’s Harry Elias
Singapore’s Harry Elias Partnership has hired banking and finance specialists Pearl Lim and Chan Wai Chong as partners from Withers. They are the second and third partner hires for Harry Elias since …
World Bank emergency aid for vulnerable Lebanese
The World Bank Group on Tuesday approved a $246-million aid package to help 786,000 vulnerable Lebanese reeling under the country’s worst economic crisis in decades and the coronavirus pandemic.
Israel’s Fintech-Aviv and Bahrain Fintech Bay Partner Up on Financial Innovation
Bahrain Fintech Bay (BFB) and the Fintech Association of Israel -Fintech Aviv (FTA) have agreed to collaborate on the development of Fintech in the region. Earlier this year, diplomatic relations …
Despite Global Uncertainty, Israel Bonds Secures Record-Breaking $1.8 Billion in 2020
Israel Bonds Way in the gardens of Jerusalem’s King David Hotel. Photo: Development Corporation for Israel/Israel Bonds. JNS.org – Despite …
Saudi Arabia shelves plans to finance Riyadh airport expansion: sources
Riyadh City Saudi Arabia put on hold financing plans potentially worth billions of dollars for the expansion of Riyadh’s airport, indicating …
Humanitarians seek $1.3 billion aid for war-torn Afghanistan
The UN and humanitarian partners in Afghanistan are seeking $1.3 billion to assist almost 16 million people in need of life-saving assistance as a result of decades of conflict, recurrent natural …
South Korea’s Jobless Rate Hits 10-Year High as Virus Surges
South Korea lost the most jobs in two decades and the unemployment rate hit a 10-year high as the country’s worst coronavirus outbreak yet forced businesses to slash hiring. The nation shed 628,000 …