China’s central bank wants the flow of credit to the economy to increase to at least 30 trillion yuan ($4.2 trillion) this year, as part of efforts to push the economy out of the coronavirus-induced …
China Vice Premier Liu He says monetary policy should be more flexible
China’s Vice Premier Liu He said China’s prudent monetary policy should be more flexible, and it should strengthen counter-cyclical adjustments in economic management, in prepared remarks delivered on …
Singapore Ride-Sharing App Lets Customers Pay With Bitcoin
Singapore-based Ryde announced it will be the first ride-hailing service to incorporate bitcoin payments into its own app.
Envoy: Azerbaijan, Iran to start discussions over preferential trade agreement
By Akbar Mammadov Azerbaijan and Iran will start discussing technical aspects of the preferential trade agreement between the two countries, Iran’s Ambassador to Azerbaijan Javad Jahangirzada said on …
Thailand Says Rising Yields No Bar to $32 Billion Borrowing Plan
Thailand expects to accelerate the pace of borrowing for a 1-trillion-baht ($32-billion) stimulus program and isn’t concerned by a recent steepening in the sovereign-debt yield curve.
Turkey Says It Discussed Lasting Ceasefire During Libya Trip
Turkish government officials including the foreign and finance ministers arrived in Tripoli on Wednesday to meet Libya’s internationally recognised Government of National Accord (GNA), the GNA said in …
Turkey Wealth Fund Agrees to Acquire Control of Turkcell
Turkey Wealth Fund (TWF) has agreed to acquire 26.2% of the shares of Turkcell İletişim Hizmetleri AŞ (Turkcell) (BİST: TCELL), (NYSE: TKC) by entering into a series of transaction agreements with, …
Top Democrat plans to ask Bolton for information on Turkey probe after Bolton claims
The top Democrat on the Senate Finance Committee plans to call on former national security advisor John Bolton to provide information on his claim that President Trump agreed to intervene in a federal …
Indonesia Under Pressure to Cut as Outlook Dims: Decision Guide
Indonesia’s central bank is expected to resume lowering interest rates after a two-month pause as further signs of a slowing economy pressure policy makers to do more to bolster growth.Bank Indonesia …
Zero-Carbon Electrification and a Sustainable Future for China
Energy Transition Commission (ETC) and Rocky Mountain Institute (RMI) today jointly released the report Achieving Green Recovery for China: Putting Zero-Carbon Electrification at the Core. The report …