Vietnam's domestic coffee prices edged higher this week as parts of the coffee-growing region remained under lockdown to curb the spread of the coronavirus outbreak, traders said on Thursday. Farmers ... ( read original story ...)
Pakistan approves CPEC’s strategic $6.8 billion ML-1 railway project
Pakistan’s most valuable and strategic project under China-Pakistan Economic Corridor (CPEC) – US$6.8 billion railway modernization Mainline-1 (ML-1) – finally received the green signal from the ... ( read original story ...)
Ex-Malaysian finance minister arrested on graft charges over China-linked tunnel project
finance minister Lim Guan Eng has been arrested following corruption investigations into a China-linked US$1.5 billion undersea tunnel project, the government said on Thursday. government ousted in ... ( read original story ...)
China’s Higher Bond Yields Buck The Global Trend
Chinese government bond yields, however, have bucked the trend, with 10-year bond yields climbing from their April lows of 2.4% to top 3%, putting them at pre-COVID-19 levels. ( read original story ...)
Saudi pledges support for Cyprus’ sovereign rights
The Cyprus News Agency reported that the two sides have decided to promote the signing of a series of bilateral agreements and to hold two business forums by the end of the year. The mulled ... ( read original story ...)
Da Nang factories’ dilemma: Keep business going and workers safe
On July 16 a woman working at the Hoa Khanh Industrial Park in Da Nang’s Lien Chieu District started going to Da Nang Hospital, the biggest Covid-19 hotspot in Vietnam so far, to take care of her ill ... ( read original story ...)
Vietnam central bank cuts reserve interest rates to help virus-hit economy
Vietnam's central bank late on Thursday cut the interest rate it pays on banks' reserves by 0.2-0.5 percentage points as part of its efforts to help the economy weather the impact of the COVID-19 ... ( read original story ...)
Bahrain’s Investcorp posts $165m loss, targets 50% AUM growth
Bahrain’s Investcorp recorded a $165 million loss for the 12 months ending June 30, against profits of $131 million a year ago, citing direct negative impact from the Covid-19 pandemic. The global ... ( read original story ...)
The week in bankruptcies: Steel City Mongolian Grill LLC.
Steel City Mongolian Grill LLC filed for voluntary Chapter 7 bankruptcy protection July 17, 2020, in the Western District of Pennsylvania. The debtor listed an address of 428 S. 27th St., Pittsburgh, ... ( read original story ...)
Georgia Smart announces innovation awards to four communities in the state
Clayton County, Sandy Springs, Savannah and Valdosta – received new grants from Georgia Tech’s Smart Community Challenge Thursday. ( read original story ...)