Israel was dropping its pending annexation ... The deal sweetener was access to vast American and international financial aid, as well as entry into the Israeli job market and economy. ( read original story ...)
Israel enters deep recession, says statistics bureau
Private consumption dropped by 43.4%, with a 41.7% dip in imported goods and services reported on Sunday. The prime minister claims that Israel’s drop is “half of what it is in the EU.” ... ( read original story ...)
Sri Lanka to strengthen banking, financial sectors: Minister Cabraal
Sri Lanka must strengthen its banking and financial sectors amidst the COVID-19 pandemic, a newly appointed State Minister of Finance and Capital Markets and Public Enterprise Reform Ajith Nivard ... ( read original story ...)
Thai Savings Bank to Offer Loans With Motorcycles as Collateral
Government Savings Bank, Thailand’s biggest state-owned lender, will start accepting vehicles as collateral for the first time in its 107-year history, as more individuals seek small-ticket loans amid ... ( read original story ...)
Japan’s economy suffers record 27.8% contraction in April-June
Japan's economy shrank an annualised 27.8% in April-June to mark the sharpest contraction on record, government data showed on Monday, underscoring the pain the COVID-19 pandemic inflicted on the ... ( read original story ...)
When is the Japan Preliminary Q2 GDP and how could it affect USD/JPY?
Japan’s Finance Ministry is up for releasing the preliminary reading of the second quarter (Q2) 2020 Gross Domestic Product (GDP) figures at 23:50 GMT on Sunday, early Monday morning in Asia. Market ... ( read original story ...)
Japan’s World-Beating Stocks Are Shrugging Off GDP Woe
Japan looks set to mark its third straight quarter of contraction -- the latest likely to be its worst on record. But investors don’t mind -- its stock market is beating the world. ( read original story ...)
Sony job listing in Japan possibly confirms PlayStation VR 2 in the works
A job listing posted by Sony in Japan confirms that the company is working on a next-generation VR headset, which may be the PlayStation VR 2. The Japanese listing, which was spotted by UploadVR, is ... ( read original story ...)
Bangladesh economy to recover faster than others
Many of Bangladesh’s South Asian peers and other countries around the world are in negative growth or lower growth than projections ... ( read original story ...)
Hong Kong Exchange Proves Safe Bet in City’s Turbulent Times
The dynamic is likely to sustain gains for the bourse until at least the U.S. November election, Hong said. “Seeing what TikTok is going through, U.S.-listed Chinese stocks are ... ( read original story ...)