India's new Fintech sandbox program will be managed by recently established International Financial Services Centres Authority. ( read original story ...)
Billionaire Adelson’s Las Vegas Sands mulls US$6 billion sale of US casinos to focus on Macau, Singapore markets
Las Vegas Sands is exploring the sale of its casinos in Las Vegas, a move that would mark billionaire Adelson’s exit from the US gambling industry. ( read original story ...)
Hong Kong’s Weaker Financial Hub Appeal is Japan’s Opportunity, Aso Says
Japan should consider setting up a special economic zone for global banking businesses now that Hong Kong is losing its appeal as a financial hub amid China’s crackdown, Japanese finance minister Taro ... ( read original story ...)
Hong Kong bids farewell to its once-mighty Dragon airline
Other big names in Hong Kong business circles, such as Li Ka-shing and Henry Fok, joined in. According to Pao's daughter, Anna Pao Sohmen, people around her father were against the idea of backing ... ( read original story ...)
China says it will impose sanctions on Boeing and Lockheed Martin over Taiwan arms sales
Beijing said Monday that it will impose sanctions on American companies — including Lockheed Martin, Boeing, and Raytheon — that have been involved in selling weapons to Taiwan. ( read original story ...)
U.S. Arms for Taiwan Anger Beijing
The U.S. State Department signaled approval for a potential $2.4 billion sale of anti-ship missiles to Taiwan. The move comes just after China warned it will sanction leading American aerospace ... ( read original story ...)
Central Bank of Bahrain Launches FinHub 973, a Virtual Fintech Platform for the MENA Region
Bahrain has established a new Fintech hub, called FinHub 973, in order to promote financial inclusion and support the local economy. ( read original story ...)
China’s five-year plan to place ‘significant de-emphasis’ on growth target: Think tank
Paulson Institute's Damien Ma discusses China's 14th five-year plan, including its dual circulation strategy and shift in focus toward quality of life and jobs. ( read original story ...)
U.S. State Department Approves $2.4 Billion More in Potential Arms Sales to Taiwan: Pentagon
The U.S. State Department has approved the potential sale of 100 Boeing-made Harpoon Coastal Defense Systems to Taiwan in a deal that has a potential value of up to $2.37 billion, the Pentagon said on ... ( read original story ...)
Dubai free economic zone open for international business without initial investment
The Dubai Multi-Commodities Centre (DMCC), a free economic zone, has rolled out an offer to international companies to set up a representative office in the emirate in five working days for a free ... ( read original story ...)