The Treasury Department imposed sanctions on Iran's Ministry of Petroleum, the National Iranian Oil Company, and the National Iranian Tanker Company for providing financial support to Iran's Islamic ... ( read original story ...)
US sanctions Iran’s oil sector
Trump administration slaps fresh sanctions on Iran's oil sector, links three entities to Revolutionary Guards' Quds Force. ( read original story ...)
S.Korea’s economy returns to growth amid global virus struggle
South Korea's economy returned to growth in the third quarter, climbing out of the slump brought about by the coronavirus as its major trading partners began lifting pandemic restrictions. Asia's ... ( read original story ...)
Turkey ETF Plummets on Heightened Geopolitical Risks, Weakening Lira
A Turkey country-specific exchange traded fund plunged Monday as the Turkish lira currency hit a record low on growing concerns over geopolitical issues in the region, along with the broader risk-off ... ( read original story ...)
S. Korea’s economy returns to positive growth in Q3 as pandemic-caused trade slump eases
Last month, South Korea saw exports rebound for the first time in seven months as major trade partners gradually resumed their business activities amid the pandemic. Outbound shipments came to $48 ... ( read original story ...)
South Korea Q3 GDP Gains 1.9% On Quarter
South Korea's gross domestic product expanded a seasonally adjusted 1.9 percent on quarter in the third quarter of 2020, the Bank of Korea said in Tuesday's advance estimate. That beat estimates for ... ( read original story ...)
Japan Set for Blockbuster Bond Deals After NTT Revives M&A Push
Japan is headed for more mergers and acquisitions after a recent deal from one of the country’s biggest telecom firms, and that’s raising hopes for lucrative landmark bond sales to finance the spree. ( read original story ...)
Business up for MNCs, but not like last year
Business for most listed multinational companies (MNCs) has bounced back in the July-September period compared to what was during the April-May lockdown, which aimed at curbing the spread of the novel ... ( read original story ...)
China’s Ant Group set to raise US$34.5 billion in world’s largest initial public offering
The world’s biggest IPO showcases China’s lead in digital finance. Users of its Alipay payments app dwarf those of its nearest rival, Palo Alto-based PayPal. ( read original story ...)
Slim pickings: Ant to pay bankers up to $198 million in fees for Hong Kong IPO
China's Ant Group will pay bankers selling its shares in Hong Kong up to $198 million in underwriting fees, its filings showed on Monday, in line with a trend of large issuers sharing a ... ( read original story ...)