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Category: FINANCE

Posted on July 8, 2020

Hidden Harbors: China’s State-backed Shipping Industry

Download the Brief THE ISSUE Chinese companies are increasingly dominant across the maritime supply chain, aided by a complicated and opaque system of formal and informal state support that is …

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Posted on July 8, 2020

China opens Hong Kong headquarters for its secret police

China opened a new office on Wednesday for its intelligence agents to operate openly in Hong Kong for the first time under a tough new security law, in a public display of its tightening control over …

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Posted on July 8, 2020

Cyprus raises 1 bln euros by reopening existing bonds

NICOSIA, July 7 (Xinhua) — Crisis-hit Cyprus has drawn one billion euros (1.3 billion U.S. dollars) from the international markets by reopening its existing bonds to boost cash reserves and repay …

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Posted on July 8, 2020

Cyprus raises 1 bln euros from re-opening of 2024, 2040 bonds-lead manager

AMSTERDAM, July 7 (Reuters) – Cyprus raised 1.0 billion euros ($1.13 billion) from a re-opening of its existing 2024 and 2040 bonds via a syndicate of banks, according to a lead manager memo seen …

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Posted on July 8, 2020

Ex-Barclays Chair Told Prosecutors Qatar Fees Were ‘Outrageous’

Former Barclays Plc Chairman Marcus Agius said he was shocked to discover an agreement to pay Qatar 280 million pounds ($351 million) in fees from share sales in exchange for a bailout at the height …

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Posted on July 8, 2020

Cambodia allocates 1.16 bln USD for economic, social supports during COVID-19

The Cambodian government has allocated 1.16 billion U.S. dollars to address the economic and social impacts of the COVID-19 pandemic, Economy and Finance Ministry Secretary of State Vongsey Vissoth …

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Posted on July 8, 2020

Nepal’s ruling communist party’s meet to decide PM K P Sharma Oli’s future deferred again

A crucial meeting of Nepal’s ruling communist party to decide the political future of embattled Prime Minister K P Sharma Oli was on Wednesday postponed once again for Friday, amidst intra-party rifts …

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Posted on July 8, 2020

Financial institutions, banks urged not to pile pressure for loan payment

Western Regional Hotel Association, Pokhara, has urged banks and financial institutions not to pile pressure for loan payment.

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Posted on July 8, 2020

Saudi Payments and Discover Sign Network Alliance Agreement

Discover Global Network cardholders will have access to more than 470,000 POS terminals at local merchants and more than 18,000 ATM access locations in Saudi Arabia. Saudi Payments Managing …

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Posted on July 8, 2020

Iraq’s Prime Minister Kadhimi Can Turn Tragedy Into Opportunity

( Opinion) — For Iraq, the murder of a well-known scholar in Baghdad is a tragedy that stands out from an abundance of adversity. For Prime Minister Mustafa al-Kadhimi, it is also a leadership test — …

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