Saudi Arabia has announced a $4.2 billion aid package to support Pakistan. Riyadh would make a $3 billion deposit with the State Bank of Pakistan (SBP) and offer an oil deferred payments facility of …
Saudi govt revives $3bn support to Pakistan
ISLAMABAD: Saudi Arabia has agreed to revive its financial support to Pakistan, including about $3 billion in safe deposits and $1.2bn to $1.5bn worth of oil supplies on deferred payments. An …
Indonesia Q3 FDI falls 2.7% y/y amid COVID-19 restrictions
Foreign direct investment (FDI) into Indonesia fell 2.7% year-on-year in the third quarter as business activity was disrupted by coronavirus restrictions, the country’s investment ministry said on …
AIIB eyes $50 billion for climate finance
The (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its …
AIIB eyes $50 billion for climate finance
The (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its …
China power generators’ profits tumble on record coal prices
Earnings for China’s power utilities during the first three quarters of 2021 have plunged as the companies were squeezed by surging coal costs that they could not pass on to consumers. Huadian Power …
China power generators’ profits tumble on record coal prices
Earnings for China’s power utilities during the first three quarters of 2021 have plunged as the companies were squeezed by surging coal costs that they could not pass on to consumers. Huadian Power …
China Tech Stocks Slump as Tensions With U.S. Spook Investors
Investors rushed to offload Chinese tech stocks as a flare-up in Sino-U.S. tensions sparked fears that more scrutiny from Washington could be in store for the sector.Most Read from BloombergCities’ …
China Tech Stocks Slump as Tensions With U.S. Spook Investors
Investors rushed to offload Chinese tech stocks as a flare-up in Sino-U.S. tensions sparked fears that more scrutiny from Washington could be in store for the sector.Most Read from BloombergCities’ …
AIIB eyes $50 billion for climate finance
The (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its …