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Category: FINANCE

Posted on June 29, 2020

Saudi raises $2.27bln in Islamic bonds – finance ministry

Saudi Arabia has raised 8.495 billion riyals ($2.27 billion) in Islamic bonds or sukuk, in June, the finance ministry said on Sunday. According to a statement on the finance ministry website, the …

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Posted on June 29, 2020

IMF is angling to undermine US sanctions against Iran

The International Monetary Fund, a U.N. subsidiary and the world’s premier global financial body, has been quietly looking for ways to undermine U.S. sanctions against Iran. It is even mulling a …

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Posted on June 29, 2020

India Shadow Banks Cut at S&P as Pandemic Worsens Liquidity Woes

Credit scores of several Indian shadow lenders were downgraded by S&P Global Ratings due to liquidity risks amid the pandemic-induced economic downturn.

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Posted on June 29, 2020

China State Firms’ Profits Fall 52.7% Year-On-Year in Jan-May: Finance Ministry

May, according to a statement from the country’s Finance Ministry on Monday, to 663.1 billion yuan ($93.67 billion).

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Posted on June 29, 2020

AID Atlanta and AHF Praise Georgia on Passage and Signing of Hate Crimes Act

It will give state prosecutors and law enforcement officials in our state important tools to make Georgia safer for everyone,” said AID Atlanta Executive Director Nicole Roebuck. AID Atlanta is an …

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Posted on June 29, 2020

Raiffeisen Bank International – bridge between Azerbaijani financial institutions, global economy

Baku, Azerbaijan, June 28 By Eldar Janashvili – Trend: Raiffeisen Bank International (RBI) plays a bridging role in connecting the Azerbaijani financial institutions to the European and global economy …

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Posted on June 29, 2020

Where to buy the just-released Air Jordan 11 Low ‘Concord Bred’

After many weeks of postponements, the Air Jordan 11 Low “Concord Bred” is finally available for purchase. As the name suggests, the sneaker combines both the iconic “Concord” and “Bred” colorways …

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Posted on June 29, 2020

Finance minister marks 100 days in office

Being instrumental in formulating numerous measures to ensure that Malaysia is able to withstand the onslaught of Covid-19 that has caused major disruption to the global ecosystem, Tengku Datuk Seri Z …

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Posted on June 29, 2020

South Korea’s Finance Minister Rules Out Further Extra Budgets

South Korean Finance Minister Hong Nam-ki ruled out the need for a fourth extra budget this year and said that the economic shock from the coronavirus pandemic may have bottomed.

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Posted on June 29, 2020

Why does money laundering enjoy impunity in Bangladesh?

The Swiss Banking authorities published their annual update on deposits of foreign nationals, including Bangladeshis, on June 25. It shows 603.2 million Swiss Francs or Tk 5,367 crores invested by …

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