The financial hits just keep on coming, as the COVID-19 pandemic wears on. Amid a rising tide of cases, California counties are being shuffled back into more restrictive tiers, putting a damper on ... ( read original story ...)
Even If It Achieves Peace, Can Afghanistan Ever Be Financially Independent?
As the Afghan government and the Taliban inch forward in a fledgling peace process, the country’s lack of financial independence is being touted as the main incentive for them to form a single ... ( read original story ...)
South Korea Tax on Crypto Gains Delayed Until 2022
South Korea parliament has officially postponed a private members’ bill that will start taxing profits from cryptocurrencies until January 2022, according to local media reports. ( read original story ...)
Exclusive: European Allies Pushed Back When Trump Sanctioned Iran’s Banks
Germany, France and Britain urged the Trump administration in late October to reconsider broad, new sanctions against Iran’s banks, arguing that the move would deter legitimate humanitarian trade and ... ( read original story ...)
Exclusive: European Allies Pushed Back When Trump Sanctioned Iran’s Banks
Germany, France and Britain urged the Trump administration in late October to reconsider broad, new sanctions against Iran’s banks, arguing that the move would deter legitimate humanitarian trade and ... ( read original story ...)
Turkey FX reserves down $5 billion as swaps matured -bankers
The Turkish central bank's net FX reserves dropped by about $5 billion last week, according to the calculations of three bankers on Tuesday, mainly due to matured swaps not being renewed in the latest ... ( read original story ...)
Philippines GDP likely to grow by 7.1% next year
Security Bank projects a 7.1 percent GDP growth by 2021 due to base effect and faster recovery trajectory on the back of a vaccine. ( read original story ...)
In BBC HARDtalk interview, Ishaq Dar says he owns only one property in Pakistan
Former finance minister and a close aide of ex-prime minister Nawaz Sharif, Ishaq Dar said he owns only one property in Pakistan and that too, has been seized by the government. "I have my main ... ( read original story ...)
ADB loans US$300mn to Pakistan to improve economic stability via trade policy
In September, the ADB approved another US$300mn loan to help strengthen Pakistan’s finance sector by supporting measures to develop competitive capital markets and encourage private sector investment ... ( read original story ...)
Macao Casinos Gambling Revenue Plunges a Worse-Than-Expected 70%
Macao's hoped-for lift in casino revenue didn't materialize in November, as monthly gross gaming revenue (GGR) came in at 6.75 billion patacas, or $845 million, a 70.5% decline from last year and a 7% ... ( read original story ...)