The first deadly face-off between Indian and Chinese troops in more than four decades adds another layer of uncertainty to companies already reeling from the coronavirus pandemic on both sides of the …
China won’t adopt ‘flood-like’ stimulus nor negative rates – regulator
China’s top banking regulator said on Thursday that the country will not adopt “flood-like” stimulus nor negative rates, warning that unprecedented easing by the Federal Reserve will dent U.S.
China Pledges Credit Boom to Push Economy Out of Virus Slump
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 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 …
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 …