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Posted on August 12, 2020

China stocks drop most in two weeks on weak global sentiment, bank lending data

Chinese shares fell on Wednesday and were on course for their worst day in over two weeks due to souring global market sentiment and data showing softer growth in bank lending. ** At the midday break, ... ( read original story ...)

Posted on August 12, 2020

Coronavirus: World’s biggest gambling hub reopens for business

Asia's gambling hub became a ghost town after coronavirus lockdowns saw a severe downturn in visitors. The Macau government said it will slowly start handing out tourist visas from Wednesday to bring ... ( read original story ...)

Posted on August 12, 2020

NYX Professional Makeup is exiting the Hong Kong and Macau market

The brand announced on their social media platforms that they would be exiting the Hong Kong and Macau market entirely due to a "business strategy readjustment". No exact details on dates of closure ... ( read original story ...)

Posted on August 12, 2020

Alibaba-backed Best to list delivery business in Hong Kong – sources

Alibaba-backed Best Inc is seeking a Hong Kong listing for its express delivery and freight delivery businesses, keen to boost its valuation and establish an investor base closer to China, said three ... ( read original story ...)

Posted on August 12, 2020

Hong Kong’s independent press faces dark chapter in China’s shadow

On Monday when Zoe*, a local news reporter at Apple Daily returned to her office in Hong Kong it was swarming with police officers. Her boss, the strident pro-democracy activist, media mogul and ... ( read original story ...)

Posted on August 12, 2020

Cyprus SEC Blacklists 7 Digital Trading Sites

Cypriot SEC banned a list of sites used for Forex, CFD, and crypto trading. These apparent scam sites claim too-good-to-be-true returns. ( read original story ...)

Posted on August 12, 2020

Bahrain’s ARIG slips into loss of $3.62m for first-half 2020

Dubai: Bahrain based Arab Insurance Group (ARIG) slipped into the red, with losses of $3.62 million for the first six months of 2020 against a profit of $9.53 million last year. The region’s insurance ... ( read original story ...)

Posted on August 12, 2020

UAE banks headed for more job losses in second half of 2020

Shrinking interest margins and non-interest incomes force banks to cut costs further Dubai: UAE banks, especially those with large retail operations are headed for more redundancies as businesses is ... ( read original story ...)

Posted on August 12, 2020

Gyapu Marketplace- An e-commerce marketplace of Nepal stepping towards the South Asian Market

Gyapu Marketplace is the fastest growing e-commerce start-up from Nepal, founded by a Nepali Entrepreneur Gyanendra Khadka, who envisions making Gyapu a truly global brand that represents Nepal in a ... ( read original story ...)

Posted on August 12, 2020

As Everest prepares to reopen for autumn climbing season, is Nepal putting cash before caution?

Not for the first time, the tourism-dependent Himalayan nation appears to put profit ahead of personal safety. ( read original story ...)

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