Massive borrowing by Vedanta Resources Ltd. has helped push up Indian firms’ dollar loans to fund the privatization of companies and acquisitions to the most in six quarters. ( read original story ...)
Gold worth crores of rupees seized as India struggles for food, shelter amid coronavirus-led lockdown
Provided by The Financial Express In FY 2015-16, gold worth Rs 606.7 crores were seized in 2,696 cases, which rose to Rs 858 crores in 4,444 cases of gold smuggling in FY 2019- ... ( read original story ...)
Hong Kong social enterprises on the brink after protests, COVID-19
A quarter of Hong Kong's social enterprises could go out of business by the end of the year, according to a new poll, threatening the jobs of hundreds of employees as the coronavirus pandemic takes a ... ( read original story ...)
Chinese companies are showing signs of returning to Hong Kong’s offices and executive apartments, boding well for city’s real estate
As Asia’s third-largest capital market, Hong Kong is where hundreds of mainland Chinese companies go to raise capital, and where thousands of multinational companies locate their regional head offices ... ( read original story ...)
Pompeo Backs Away From Claim That U.S. Has Deterred Iran
Following troubling new reports Iran plans to assassinate U.S. diplomats, the secretary of State says the administration’s focus has been to limit Iran’s capabilities. ( read original story ...)
Hong Kong’s controversial Lantau land-reclamation scheme could wipe out city’s fiscal reserves in less than a decade, economist says
An economist and an environmental group have thrown cold water on Hong Kong’s ambitious plan to build artificial islands off Lantau to serve as a new housing and business hub, saying the project would ... ( read original story ...)
Turkey extends operations of energy drill ship off Cyprus until mid-Oct
Turkey said on Tuesday it had extended the operations of its Yavuz energy drill ship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek ... ( read original story ...)
Bahrain stepping up help for local companies
Manama: Bahrain is stepping up efforts to boost commercial companies and create an attractive business environment. New incentives have been introduced to offer more investment options and enable ... ( read original story ...)
Trump hosts officials from Israel, UAE and Bahrain, but unclear what deals will do
President Trump hosts representatives of Israel and two Persian Gulf states to sign what the parties describe as agreements of mutual recognition. ( read original story ...)
Qatar Airways will operate four weekly flights to Accra from September 29
Qatar Airways will operate four weekly flights to Accra, Ghana via Lagos from September 29, becoming the fourth new destination launched by the national carrier since the start of the pandemic. ( read original story ...)