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Category: FINANCE

Posted on July 6, 2020

Sri Lankan shares end higher as financials gain

Sri Lankan shares ended higher on Monday, lifted by shares of financial and consumer discretionary companies. ** The benchmark CSE All Share Index closed up 0.49% to 5,075.90. ** Boosting the main …

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Posted on July 6, 2020

Goldman, JPMorgan Among Banks Turkey Bans From Short-Selling

Turkey banned six foreign banks from betting against the nation’s stocks in a move that appeared to contradict recent steps toward easing such restrictions. Shares in Istanbul gained, tracking an …

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Posted on July 6, 2020

Turkey’s ‘peg-legged’ foreign currency reserves

Turkey’s central bank appears increasingly fragile, with more than 60% of its reserves secured through swap deals.

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Posted on July 6, 2020

China doesn’t need Pakistan in a war with India

China doesn’t need Pakistan in a war with India. ‘If a ‘two-front war’ develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,’ …

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Posted on July 6, 2020

Payfazz gets $53 million to give more Indonesians access to financial services

Indonesia is not only Southeast Asia’s most populated country, but also one of the world’s fastest-growing economies. Payfazz is one of several tech startups focused on solving that problem by finding …

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Posted on July 6, 2020

Florida’s Turnpike Enterprise and the State Road and Tollway Authority of Georgia to Join E-ZPass Network

July 6, 2020 /PRNewswire/ — The E-ZPass Interagency Group announced today that Florida’s Turnpike Enterprise and the State Road and Tollway Authority of Georgia (SRTA) will join the E-ZPass …

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Posted on July 6, 2020

Singapore’s Indies Raises $100 Million for Third Asian Fund

(Bloomberg) — Indies Capital Partners, a Singapore-based alternative asset manager, has raised more than $100 million at the first close of its third flagship fund for structured credit and private …

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Posted on July 6, 2020

Has Israel lost control over coronavirus pandemic?

Faced with a continued spike in coronavirus cases, Israel’s government is set to reimpose crowding restrictions.

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Posted on July 6, 2020

Finance Minister Katz trying to push down vegetable prices

Israeli farmers protest Finance Minister’s plan, say it needs to allow local farmers to properly compete with imports.

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Posted on July 6, 2020

News Analysis: Israel faces renewed restrictions as COVID-19 cases soar

Israel is at the cusp of a major health and economic crisis as it struggles to cope with COVID-19 and its after-effects. Weeks after the country lifted restrictions on its citizens, the number of …

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