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Posted on June 15, 2020

Why China Is Missing Out on Trillions in Sustainable Investment

(Bloomberg) — Every Thursday at 9:00 p.m. for the past two years, around a dozen Chinese finance veterans and regulators have held a video call to talk about pushing the nation’s companies to meet …

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Posted on June 14, 2020

Forced to grow vegetables for a living, footballer receives financial aid

Poverty had compelled 20-year-old footballer Asha Kumari to leave the football fields and work alongside her mother among vegetable fields instead, in Lakshmipur village of Dhanbad. However, there was …

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Posted on June 14, 2020

Iraq agrees with oil companies on deeper output cuts in June – sources

Iraq has agreed with major oil companies operating its giant southern oilfields to cut crude production further in June, Iraqi officials working at the fields told Reuters on Sunday. Baghdad aims to i …

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Posted on June 14, 2020

A Best-in-Class ETF to Gain Exposure to China

Careful scanning of the market and macro-level developments reveals one fund that could weather the storm well and deliver attractive returns to investors: the iShares China Large-Cap ETF (FXI). In …

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Posted on June 14, 2020

RBI mulls export of UPI, NEFT, other payment solutions as many countries seek to ‘replicate’ them

Stressing on the presence of low-cost payment solutions available in India such as NACH, NEFT, UPI etc, the Reserve Bank of India on Saturday indicated the scope of expanding these solutions to other …

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Posted on June 14, 2020

Georgia continues to roll back lockdown restrictions despite rise in COVID-19 cases

Georgia has lifted its stay-at-home order for most seniors and plans to ease restrictions on restaurant capacity; Jonathan Serrie reports from Atlanta.

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Posted on June 14, 2020

Ministry of Finance launches first phase of Accrual Accounting Programme

The transition to accrual accounting represents a critical step that increases the efficiency of the federal budget and improves public financial management in the country. The fi …

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Posted on June 14, 2020

UAE energy sector is ripe for ‘green’ funds

Despite the unwavering advantages found in financing renewable energy efforts, a majority of financial institutions in the UAE are hesitant to participate on account of numerous v …

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Posted on June 14, 2020

Pinsent Masons grows its Financial Services offering in Dubai; appointment of Banking & Finance partner

Multinational law firm, Pinsent Masons, has appointed Banking & Finance partner Matthew Escritt to lead the firm’s Banking & Finance practice in the Middle East, based in Dubai. Matthew joins from …

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Posted on June 14, 2020

Jordan gov’t committed to supporting industrial sector – Hammouri

Attending a ceremony held by Al Zaitouneh company for chocolate manufacturing to announce the production of vitamin- and mineral-fortified chocolate, Hammouri said that the government has contributed …

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