Malaysia's former finance minister pleaded not guilty to a second corruption charge related to a $1.5 billion undersea tunnel project and slammed the case as a trumped-up charge by new government ... ( read original story ...)
Dubai’s real estate activity is ‘impressive’ despite the virus, property developer says following fall in sales
Despite the global pandemic, Dubai has seen "impressive levels" of real estate transactions over the past few months, Aqil Kazim of Nakheel said last week. ( read original story ...)
UAE- GCC states to spur sukuk’s rally to $170B in H2
GCC countries will lead a rally in sukuk issuance in the second half of 2020, with low oil prices and a consequent surge in deficits triggering strong financing demand among sovereign issuers, Moody's ... ( read original story ...)
Rising popular anger over Nepali government’s response to COVID-19
The Kathmandu government has reacted to youth protests over its failure to contain the coronavirus pandemic by arresting demonstrators. ( read original story ...)
RBI’s Silence on Record India Bond Sales Leaves Traders Baffled
The Reserve Bank of India’s monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply.Their patience is running thin as the RBI ... ( read original story ...)
‘Three steps’ to stem India’s economic crisis
India must take three steps "immediately" to stem the damage of the coronavirus pandemic, according to its former prime minister Manmohan Singh.Dr Singh, who is widely regarded as the architect of ... ( read original story ...)
India’s refusal to bail out airlines is putting them on the verge of collapse
The Covid-19 outbreak followed by months of lockdown and the ensuing need for social distancing came to haunt India’s aviation industry at a time when it was already struggling with high fuel prices ... ( read original story ...)
U.S.-China Tensions Halt Rally in Emerging Market Currencies
(Bloomberg) -- A rally in emerging-market currencies paused last week, even as the dollar held close to its lowest level in two years, as intensifying U.S.-China tensions outweighed positive ... ( read original story ...)
China July Consumer Inflation Picks Up Amid Flood Disruption
China consumer inflation accelerated and factory price deflation eased in July, as the nation’s economy continued to recover from the coronavirus crisis amid disruption from regional flooding. ( read original story ...)
Pandemic to delay but not finish Macau Legend IR project in Cape Verde
The Cape Verdean government admits that the Covid-19 pandemic should delay the completion of the hotel-casino that the Macau Legend group is building in ... ( read original story ...)