Israeli financial newspaper the Calclist said in a report that Israel is already enjoying massive economic ties with the UAE and even before the normalization of ties was announced last week. It said ... ( read original story ...)
‘Sandbox’ could make Myanmar a leader in digital financial services
AFTER the opening of Myanmar’s economy in the early 2010s, little time was wasted in driving the country forward into the digital age. What seemed decades away in e-commerce and digital innovation ... ( read original story ...)
Philippines earthquake: Strong quake jolts central Philippines
A magnitude 7.7 quake killed nearly 2,000 people in the northern Philippines in 1990. Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and ... ( read original story ...)
Unexpected Jump in Remittances Drives Philippine Peso Higher
The Philippine peso advanced for a fourth day Tuesday to the strongest since November 2016 after the central bank said the previous day that remittances increased 7.7% in June, defying forecasts for a ... ( read original story ...)
Pakistan’s army chief visits Saudi Arabia amid icy ties
Pakistan's Army Chief Gen. Qamar Javed Bajwa met Monday with his Saudi counterpart Gen. Fayiadh bin Ha’med Al-Rowaily in Riyadh amid strained relations between the two longtime allies over the Kashmir ... ( read original story ...)
Fitch affirms Pakistan’s rating
Fitch Ratings has affirmed Pakistan’s long-term foreign credit ... in living memory created by the Covid-19 pandemic,” the finance ministry tweeted on Monday. Fitch Ratings, in its rating ... ( read original story ...)
Indonesia posts biggest trade surplus in 9 years in July
JAKARTA (Reuters) - Indonesia posted its biggest trade surplus since 2011 in July, more than expected, as exports improved while domestic demand for imports remained subdued due to the coronavirus ... ( read original story ...)
China’s Ant Group plans consumer finance firm in growth push ahead of IPO-sources
Ant Group, Alibaba's BABA.N fintech arm and China's dominant mobile payments company, plans to set up a consumer finance firm in the s ... ( read original story ...)
China’s chicken production continues to surge, reducing appetite for imports
China's chicken producers are pushing ahead with aggressive expansion plans despite a slump in demand due to the coronavirus, reducing reliance on imports amid recent fears about the safety of foreign ... ( read original story ...)
Hong Kong, China stocks gain as investors weigh latest US arrow shot at Huawei against blowout earnings by JD.com
Hong Kong and China stocks rose in early trading as investors weighed the latest US action against tech giant Huawei against blowout earnings by JD.com and the liquidity boost out of China. Under new ... ( read original story ...)