China's new "dual circulation" economic strategy proposed by President Xi Jinping is not a short-term measure to cope with the COVID-19 pandemic or frictions with the United States, an adviser to ... ( read original story ...)
As repression mounts, China under Xi Jinping feels increasingly like North Korea
The first pair of enforcers were waiting at the temperature check before baggage claim at the airport in China's western Xinjiang region. "Passports," they said as the three foreign journalists came ... ( read original story ...)
A finance hub like Hong Kong should see independent board directors live up to their name. Why the lag?
Hong Kong has yet to see a board remove a CEO for doing a poor ... accountable to all shareholders and upholding governance practices that support the aspirations of an international finance centre. ( read original story ...)
Taiwan Bank Lending to Chinese Firms Declines Amid Uncertainty
The drop in lending by Taiwanese banks is driven by concerns over the pandemic’s economic impact on China, as well as lenders generally, not just those in Taiwan, turning increasingly cautious over ... ( read original story ...)
Dubai index leads major Gulf markets higher
Saudi Arabia's benchmark index rose 0.5%, with Dr Sulaiman Al-Habib Medical Services 4013.SE rising 3.1% and Saudi Telecom Company 7010.SE gaining 1.8%. The kingdom plans to resume tourist visas by ... ( read original story ...)
Moody’s Downgrades Sri Lanka, Raises Foreign Debt Risk
Moody's on Monday downgraded Sri Lanka's sovereign credit rating by two notches, saying the South Asian nation would be hard-pressed to secure funding to service its huge foreign debt. ( read original story ...)
HNB Finance rewards winners of ‘Ape Gedara Avurudu’ Digital Games
Sri Lanka’s leading financial services provider HNB Finance Plc., recently rewarded the winners of their unique and interactive ‘Ape Gedara Avurudu’ digital portal, launched in celebration of the ... ( read original story ...)
Peace in Afghanistan will bring prosperity to northwest: PM
Prime Minister Imran Khan has said that trade and prosperity in the tribal areas depend on peace in Afghanistan, and that the tribal areas would flourish if the talks between Afghanistan and the ... ( read original story ...)
Why Did Washington Shorten Iraq’s Sanctions Waiver?
By shortening Iraq’s sanctions waiver to import gas and electricity from Iran, Washington has made it crystal clear that it is unimpressed with Iraq’s relationship with its neighbor ... ( read original story ...)
Record Ban on Short-Selling Fuels Worries of Bubble in Korea
South Korea’s government has found a tool to keep the retail investors that are increasingly dominating the stock market happy: A short-selling ban that’s turning into one of the world’s longest and ... ( read original story ...)