Vietnam’s budget deficit this year is estimated at VND319.5 – 328 trillion (US$1378 – 1415 billion), equivalent to 499 – 559% of GDP, significantly higher than the 344%-of-GDP target set in early 2020 ... ( read original story ...)
Bank Of Japan Believes Global Finance Won’t See Single CBDC Dominating
Kazushige Kamiyama stands as the Bank of Japan (BoJ)’s central bank digital currency (CBDC) initiative’s lead. ( read original story ...)
Economic recovery hopes lift Philippine shares
Philippine share prices continued its rally on Wednesday ... rally last June 4, 2020,” Philstocks Financial senior equity analyst Japhet Tantiangco said. The broader All Shares, meanwhile, increased ... ( read original story ...)
HC directs law enforcers to arrest PK Halder on entering Bangladesh
The High Court directs law enforcement agencies to arrest Proshanta Kumar Halder, who fled the country after allegedly siphoning around Tk 10,200 crore from some non-banking financial institutions ... ( read original story ...)
HC directs law enforcers to arrest PK Halder on entering Bangladesh
The High Court directs law enforcement agencies to arrest Proshanta Kumar Halder, who fled the country after allegedly siphoning around Tk 10,200 crore from some non-banking financial institutions ... ( read original story ...)
Indian government working on next stimulus package – finance ministry official
India's government is working on the next stimulus package to support the economy amid positive signs of a fall in COVID-19 cases, a senior finance ministry official said on Wednesday. ( read original story ...)
Indian government working on next stimulus package – finance ministry official
India's government is working on the next stimulus package to support the economy amid positive signs of a fall in COVID-19 cases, a senior finance ministry official said on Wednesday. ( read original story ...)
Bajaj Finance Profit Slumps as It Nearly Triples Provisions for Bad Loans
Bajaj Finance Ltd. profit fell the most in 12 years after Asia’s biggest shadow financier for consumer goods braced for the fallout of the coronavirus pandemic in India by almost tripling the amount ... ( read original story ...)
Hong Kong’s Flagship Cathay Slashes 17% of Headcount
Cathay Pacific (CPCAY), Hong Kong's flagship airline, will slash 5,900 jobs, or 17% of its total, and eliminate entirely its Cathay Dragon regional-airline brand, the company said Wednesday. ( read original story ...)
Hong Kong dollar rates rise as Ant IPO anticipation tightens liquidity
H KD rates creep higher even as HKMA pours in cash. Two-week forwards hit highest since June. Fortcoming ANT Group IPO could drive liquidity squeeze -analysts. SINGAPORE, Oct 21 ( ... ( read original story ...)