Kazakhstan’s Ministry of Finance successfully placed $2.5bn in international bonds on June 24, marking one of the country’s largest debt offerings of recent years and setting a benchmark for low-cost ...
Why is the Asian Infrastructure Investment Bank regionally significant?
The tenth annual meeting of the board of governors of the Asian Infrastructure Investment Bank (AIIB) has been making headlines this week. The reason is that the Chinese-led bank has been heavily ...
Fintrex Finance powers ahead in FY 2024/25 with strategic growth and innovation
Fintrex Finance PLC has delivered a landmark performance for the financial year 2024/25, reflecting strong financial fundamentals, strategic agility, and digital innovation. Under the theme “Smart ...
Fintrex Finance powers ahead in FY 2024/25 with strategic growth and innovation
Fintrex Finance PLC has delivered a landmark performance for the financial year 2024/25, reflecting strong financial fundamentals, strategic agility, and digital innovation. Under the theme “Smart ...
Sri Lanka stocks close up 1.17-pct
ECONOMYNEXT – Sri Lanka’s rupee closed stronger at 299.95/300.10 to the US dollar in the spot market Thursday, against Wednesday’s close of 300.05/15, dealers said, while bond yields closed broadly ...
North Korea set to open its biggest tourist site, though it still largely blocks foreigners
The Wonsan-Kalma beach resort is North Korea's biggest tourist site. KCNA said North Korea will begin service for domestic tourists next Tuesday. It didn't say when North Korea will start receiving ...
Fomca: Financial access at risk
Ahead of the implementation of service tax on financial services on July 1, groups have voiced concerns, saying that this is likely to drive up costs for businesses and the regular people.
Uzbekistan upgraded to BB by Fitch on reform progress
Fitch Ratings has upgraded Uzbekistan’s Long-Term Foreign-Currency Issuer Default Rating to ’BB’ from ’BB-’ with a Stable outlook, the rating agency announced Thursday. The upgrade reflects ...
S. Korea issues record 2.2 tln won in euro-denominated foreign exchange bonds
South Korea has successfully issued 1.4 billion euros (US$1.6 billion) worth of foreign exchange equalization bonds, marking the country's largest euro-denominated offering to date, the Ministry of ...
Questions Linger About Iran’s Enriched Uranium Stockpile After U.S. Airstrikes
The location of some enriched uranium is still in question after the U.S. bombed three key nuclear facilities in Iran, according to the head of the International Atomic Energy Agency and experts on ...