Sri Lankan shares snapped a three-session losing streak on Friday, led by gains in financial and consumer staples stocks. ( read original story ...)
WHO and Italy, frontrunners in the fight against malnutrition in Yemen
Half of the population in Yemen is unemployed due to a devastated ... WHO provided the family with therapeutic milk and medicine, financial support for transportation fees and covered the cost ... ( read original story ...)
Afghanistan combat veterans fight to save local American Legion post as coronavirus hurts finances
“We make a great effort to help every veteran that comes along and in need, and right now, we can't do that--we just don't have the financial ability to ... home in 2016 as a female veteran serving in ... ( read original story ...)
India not close to situation for debt monetisation, says former RBI chief Subbarao
Referring to the idea of debt monetisation, Subbarao said, "there is no reason to believe that we are anywhere close to that situation". ( read original story ...)
India’s fiscal pain continues to get worse
India's fiscal pain continues to get worse. Fiscal deficit had soared to seven-year high of 4.6 per cent of GDP in 2019-20, mainly on account of poor revenue realisation which dipped further towards ... ( read original story ...)
Loan restructuring for India Inc on cards, says Finance Minister
A stressed India Inc can look forward to some relief on the credit front as Finance Minister Niramla Sitharaman on Friday indicated work is in progress on loan structuring. “The Finance Ministry is ... ( read original story ...)
China says to penalise Luckin Coffee for accounting fraud
Chinese regulators said they would penalise Luckin Coffee after confirming accounting fraud that has already forced the company to delist from the U.S. Nasdaq exchange. The Ministry of Finance, which ... ( read original story ...)
China turns to construction to cure economic woes
At a cavernous factory in the Chinese city of Xuzhou, 100 new workers have just been hired to produce giant construction cranes. Nearby, at another sprawling factory, employees toil until midnight to ... ( read original story ...)
MGM Resorts Turns to Loss, but Business Fundamentals ‘Remain Intact’
MGM Resorts International (NYSE:MGM) missed Wall Street estimates on the top line, in the second-quarter results it released yesterday, but beat on the bottom as the losses the casino operator ... ( read original story ...)
Taiwan Economy Unexpectedly Shrinks In Q2
Taiwan's economy unexpectedly shrank in the second quarter after growth in the first three months of the year as demand deteriorated ... ( read original story ...)