Indonesia is set to record its first recession since the Asian financial crisis more than two decades ago as the economy buckles under the weight of Southeast Asia’s worst coronavirus outbreak. ( read original story ...)
China Isn’t Nervous About the U.S. Election
The winner simply isn’t that important to Chinese leaders or the general public, who see the United States as a power in decline. ( read original story ...)
Kuwait Finance House records $330.5mln net profit until end of Q3 of 2020, EPS reaches 13.31 fils
Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profit of KD 101.2 million until end of Q3 of 202 ... ( read original story ...)
UPDATE 2-Lebanon c.bank: govt should be the one to submit its accounts to audit
The Lebanese central bank's refusal to provide full data for a forensic audit may force consultancy Alvarez & Marsal (A&M) to walk away or wait for a new cabinet to salvage the review, a key condition ... ( read original story ...)
Lebanon central bank refuses to submit government accounts for forensic audit
"Referring to the finance minister's letter that included the justice ministry opinion that 'banking secrecy under Lebanese law does not apply to government or central bank accoun ... ( read original story ...)
Lebanon’s central bank: government should be the one subject to forensic audit
Lebanon’s central bank said on Wednesday the government should be the one to submit its full accounts to a forensic audit, after the caretaker government asked it to provide all requested information ... ( read original story ...)
Government should be the one to submit its accounts to audit: Lebanon central bank
The central bank said in a statement that Banque du Liban could not submit such information as it would then be in violation of the country's bank secrecy laws ... ( read original story ...)
Despite Jump in Coronavirus Cases, Jordan Holding Election
Jordanians will head to the polls to elect a new parliament on November 10, even though the Hashemite kingdom has been experiencing an ... ( read original story ...)
Capital flows to Philippines seen to recover by 2021
FOREIGN INVESTMENTS into the Philippines may return to pre-pandemic levels by 2021, the Institute of International Finance (IIF) said. “We expect total non-resident capital flows to the Philippines to ... ( read original story ...)
Finance minister confident Bangladesh forex reserves will reach $50bn by 2021-end
Finance Minister AHM Mustafa Kamal is confident that Bangladesh’s foreign currency reserves will cross $50 billion by the end of 2021. ( read original story ...)