Lebanon is seeking to protect more of its economy from the dramatic depreciation in the local currency, fixing a subsidized exchange rate for imported food after deeming a wholesale abandonment of the …
Top U.S. Commander Sees Iran in ‘Disarray’ After Soleimani Death
The top American commander in the Middle East says he sees Iran’s decision-making abilities in “disarray” after a U.S. drone strike killed a senior Iranian commander in January, but he doesn’t expect …
Japan Companies Scoops Up Cash in Busiest Day for Bonds in 2020
Japanese companies led by Tokyo Electric Power Co. Holdings Inc. are pricing on Friday the most yen corporate bonds of any day this year, as firms build cash buffers to gird against the impact of the …
Japan to appoint Okamura as top financial diplomat – sources
Japan is set to appoint international policy veteran Kenji Okamura as its top financial diplomat representing the country at international forums such as G7/G20 meetings, five government sources with …
New Bali Flights To L.A. And San Francisco Won’t Bring Garuda Financial Paradise
Garuda Indonesia would launch new 15+ hour flights to Los Angeles, San Francisco, and Paris under a proposed strategy.
India Inc should come forward and make investment: MoS Finance Thakur
Minister of State for Finance Anurag Singh Thakur on Friday exhorted the industry … local companies would instil confidence into foreign companies to put money into India. “We used to talk about the …
People’s Bank of China Cuts Stake in India’s Housing Development Finance
China’s central bank has sold at least some of its stake in India’s Housing Development Finance Corp., according to shareholder details filed with the exchanges.The People’s Bank of China has dropped …
China Credit Growth Accelerates in June as Economy Recovers
China’s credit growth picked up in June amid strong demand for loans via banks and informal channels, signaling that the economic recovery is continuing into the third quarter.Aggregate financing was …
Post-pandemic Cyprus turns 60 and is a key U.S. partner in the region
The current relationship between Cyprus and the U.S.A. is at its best, since the time the two countries commenced to have diplomatic relations in 1960, immediately after Cyprus gained its independence …
After $9 Billion Credit Hit, Banks Seek Trade Finance Revamp
When Credit Agricole SA and HSBC Holdings Plc issued a payment guarantee for a $76.5 million fuel purchase from a Singapore trader in March, they unwittingly became the latest victims in a series of t …