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Posted on July 5, 2020

Nepal: Oli-Prachanda power-sharing talks fail; both agree to meet again on Monday

The Prachanda faction, backed by senior leaders including Madhav Nepal and Jhalanath Khanal, has been demanding that Oli step down both as party chair and prime minister.

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Posted on July 5, 2020

Govt to launch ‘Brand Pakistan’ programme this year, says Zulfi Bukhari

Special Assistant to Prime Minister on Overseas and Tourism Zulfi Bukhari announced that a programme by the name of ‘Brand Pakistan’ would be launched by the end of this year to promote tourism in the …

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Posted on July 5, 2020

Trade between India and Bangladesh through Petrapole-Benapole border in West Bengal resumes

India had allowed export of goods from Petrapole, the largest land border port with Bangladesh, on June 7. But the West Bengal government was demanding that truck drivers coming from Bangladesh have …

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Posted on July 5, 2020

China halts imports from two more Brazil meat plants amid COVID-19 concerns

China has suspended imports from two Brazilian pork plants owned by meatpackers JBS SA and BRF SA, according to the Chinese customs authority, as it cracks down on meat shipments amid concerns about …

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Posted on July 5, 2020

Time for China to decouple the yuan from US dollar, former diplomat urges

China must brace for a full-blown escalation of the struggle with the United States and prepare to gradually decouple the Chinese yuan from the US dollar, a former senior Chinese diplomat warned amid …

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Posted on July 5, 2020

Germany to revamp financial oversight after Wirecard scandal

Germany’s finance minister says he wants to revamp the oversight system for the country’s financial industry in the wake of the accounting scandal at payment systems …

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Posted on July 5, 2020

Finance Minister Israel Katz drafting economic plan until vaccine ready

Finance Minister Israel Katz is working on a new economic plan for dealing with the impact of the coronavirus on the economy for the year ahead, he revealed at the Ma’ariv newspaper’s OECD Conference …

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Posted on July 5, 2020

Deem Finance adds second branch, plans two more in UAE

But even here, digital-focussed entity will focus on paperless transactions with clients Dubai: Deem Finance, a digitally-led financial services provider, has opened a second branch, this one at …

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Posted on July 5, 2020

Nepal’s ruling party in grave crisis: PM K P Sharma Oli to Cabinet ministers

Facing growing demand for his resignation, Nepal’s embattled Prime Minister K P Sharma Oli has said that the ruling communist party is facing a grave crisis, indicating that it may split soon, …

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Posted on July 5, 2020

Banks in Bangladesh maintain lowest capital than other South Asian nations

Pakistan and Sri Lanka– says the Bangladesh Bank’s Financial Stability Report-2019. The stability report says the capital adequacy ratio (CAR) of the banking industry stood at 11.6% at the end of …

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