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Posted on December 16, 2020

Investor relief at ‘mild’ Turkey sanctions masks trouble with US

After years of fretting that Turkey would face crippling economic measures for its decision to buy the Russian-made S-400 air defence system, foreign investors reacted with relief to this week’s US ... ( read original story ...)

Posted on December 16, 2020

Chinese workers stay in Philippines despite some POGO closures

Chinese workers employed by local offshore gaming firms never left despite some of these companies closing shop when the pandemic struck. ( read original story ...)

Posted on December 16, 2020

Fintech Firm SquidPay to Facilitate Convenient and Efficient Contactless Payments in the Philippines

Philippines based Fintech firm SquidPay Technology Inc. has ... The company will focus on offering everyday payments solutions so that modern financial services are accessible through its intuitive ... ( read original story ...)

Posted on December 16, 2020

Japan Nov exports fall 4.2% year/year – MOF

Japan's exports fell 4.2% in November from a year earlier, Ministry of Finance data showed on Wednesday, as the pain from the COVID-19 crisis continued. ( read original story ...)

Posted on December 16, 2020

Asia-Pacific stocks higher following overnight bounce on Wall Street; Japan’s November exports miss expectations

Pacific were higher in Wednesday trade following an overnight bounce on Wall Street as optimism grew over the prospect of more stimulus. ( read original story ...)

Posted on December 16, 2020

Japan posts record run of export declines on soft U.S., China demand

The trade data is likely to worry policymakers counting on solid external demand to boost factory output and broader corporate activity to revive the economy. ( read original story ...)

Posted on December 16, 2020

Amid exports recovery to US$2b, Govt plans to increase lending in housing finance, SMEs for jobs: Reza

Pakistan needs to focus on competitiveness ... Advisor to Ministry of Finance, stressed the need to address corruption in procurement; we need to update the PPRE rules and ensure performance ... ( read original story ...)

Posted on December 16, 2020

Arya raises $21M to provide farmers in India finance and post-harvest services

Only about a third of the yields Indian farmers produce reaches the big markets. Those whose produce makes it there today are able to leverage post-harvest services. Everyone else is missing out. A ... ( read original story ...)

Posted on December 16, 2020

Gold loan providers in India face a rise in robberies as gold prices rise

Gold prices surged in recent months, so did the demand for gold loans. At the same time, robberies have boomed too. According to a report from Hemindra Hazari, an independent analyst, more than eight ... ( read original story ...)

Posted on December 16, 2020

Motilal Oswal: Piramal Enterprises’ Consumer Finance Segment To Be The Next Growth Driver

Motilal Oswal Report To get an update on the recently-launched consumer finance segment, we interacted with Mr Jairam Sridharan – Chief Executive Officer, Consumer Finance, Piramal Enterprises Ltd. ( read original story ...)

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