South Korea issued a warning over signs of a bubble in the nation’s stock market, one of the world’s top performers this year amid a record surge in retail investing spurred by easy money and pandemic ... ( read original story ...)
S. Korea to extend anti-dumping duties on stainless steel bars
South Korea has been imposing anti-dumping tariffs on stainless steel bars imported from the three countries since July 2004. The finance ministry will make the final decision before the end of ... ( read original story ...)
Sri Lanka’s exports declined to USD 832Mn in October amidst second wave of COVID
As per the Customs statistics, earnings from merchandise exports have recorded a negative growth of 14.9% in October 2020 to US$ 831.72 Mn as compared to the value of US$ 977.3 Mn recorded in October ... ( read original story ...)
Thailand’s 20-minute lender disrupts kingdom’s financial industry
BANGKOK -- A Thai megabank's AI-powered subsidiary is out to promote financial inclusion now that it has successfully ridden high on the strongest headwind many industries have faced in more than a ... ( read original story ...)
US responsible for coronavirus deaths in Iran: Petroleum minister
Iran's Petroleum Minister Bijan Zanganeh says the United States is responsible for deaths of over 400 Iranians per day due to coronavirus infection as Washington prevents Tehran's access to financial ... ( read original story ...)
OECD cuts Philippine growth outlook
The Philippine economy is likely to shrink by 8.4% this year, the OECD said in the November update of its biannual report Economic Outlook for Southeast Asia, China and India. This is worse than its 3 ... ( read original story ...)
As disputed Pakistan region votes, locals want share of Chinese investment boom
As night falls on a remote mountain road in northern Pakistan, Ijaz ul Haq, 22, is keeping his grocery store open longer than usual, hoping to cash in on a frenzied electoral campaign that has brought ... ( read original story ...)
Vietnam Airlines awaits rescue package from National Assembly
CEO Duong Tri Thanh in July told the government that the airline would have difficulty sustaining its business without 12 trillion dong in emergency loans by the end of August. Vietnam Airlines ... ( read original story ...)
Samba Bank to Float TFCs Worth Rs. 5 Billion for Expanding Operations in Pakistan
The management of Samba Bank Limited has decided to float a Rs. 5 billion Term Finance Certificate (TFC) to raise ... ( read original story ...)
IMF programme for Pakistan unlikely to be back on track soon
Pakistan approached the IMF in August 2018 for a bailout package ... Special Secretary and spokesperson of Finance Department Kamran Ali Afzal said consultations with the IMF were taking place on a ... ( read original story ...)