The World Bank will extend three more loans worth nearly $1 billion to the Philippines by September to help in COVID-19 response and recovery, the Department of Finance (DOF) said on Friday (July ... ( read original story ...)
CORRECTED-Lebanon banking association says may withdraw from finance ministry talks
The atmosphere that prevailed at a meeting today at the finance ministry brought matters back to square one and does not encourage moving forward towards an understanding. ... Not continuing the ... ( read original story ...)
Israel’s war between wars against Iran escalates in Syria
Further, there may be an opportunity to push Iran to compromise or pull back some from its regional endeavors before the upcoming elections in the US. On the most recent attack, Reuters reported: ... ( read original story ...)
India, Sri Lanka hold talks on restructuring debt, boosting private sector investment during COVID-19
During his visit to New Delhi earlier, Sri Lankan Prime Minister Mahinda Rajapaksa sought a loan moratorium from India ... ( read original story ...)
Goldman, Malaysia Reach $3.9 Billion Settlement Over 1MDB
Goldman Sachs Group Inc. has reached a deal that would see Malaysia drop all criminal charges against the bank in exchange for $3.9 billion of reparations for its role in raising money for the ... ( read original story ...)
Turkey Extends Rate Pause and Signals Inflation May Top Forecast
Turkey’s first interest-rate hike since 2018 may be in play later this year but economists are unanimously predicting the central bank will extend its current pause on Thursday. ( read original story ...)
Indonesia May Return Tax to Companies Amid Pandemic: Deputy Finance Minister
Indonesia is considering returning tax paid by companies to support them during the coronavirus pandemic, the country's deputy finance minister said on Friday, as the government seeks to retune parts ... ( read original story ...)
China Finance Online Reports 2020 First Quarter Unaudited Financial Results
China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investor ... ( read original story ...)
China Finance Online: 1Q Earnings Snapshot
BEIJING (AP) — China Finance Online Co. (JRJC) on Friday reported a loss of $1.9 million in its first quarter. On a per-share basis, the Beijing-based company said it had a loss of 83 cents. ( read original story ...)
VTB Bank (Armenia) joins 20th and 22nd government programs
VTB Bank (Armenia) has started providing one-time assistance as part of the 20th and 22nd programs of the Armenian government aimed at neutralizing the social consequences of COVID-19. The bank makes ... ( read original story ...)