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Posted on July 18, 2020

China’s regulators break down Xiao Jianhua’s financial empire, seizing Tomorrow Group’s insurers, trust firms and brokers

China's financial regulators seized control of several insurers, trust firms and stock brokers linked to one of the country's most powerful oligarchs, in a devastating blow against corporate ... ( read original story ...)

Posted on July 18, 2020

S&P revises Kuwait’s outlook to negative on depletion in liquidity buffer

July 17 (Reuters) - S&P Global Ratings on Friday revised Kuwait's outlook to 'negative' from 'stable', saying it expects that the country's main liquidity buffer, the General Reserve Fund ... ( read original story ...)

Posted on July 18, 2020

Economic Citizens of St Kitts and Nevis Pass Toughest Vetting, PM Harris Tells UAE Newspaper

Individuals who have become citizens of the Federation of St Kitts and Nevis through the Citizenship by Investment (CBI) Programme will have passed some of the toughest due diligence checks. Prime Min ... ( read original story ...)

Posted on July 18, 2020

Finance Minister says only qualified MPs appointed heads of GLCs, govt agencies

Only qualified MPs were appointed to helm companies under the Minister of Finance (Incorporated) and other government-linked companies (GLC), said Finance minister Tengku Zafrul Tengku Abdul Aziz. He ... ( read original story ...)

Posted on July 18, 2020

Saudi Hosts G20 Talks On Virus Recovery, Debt Crisis

G20 finance ministers and central bankers are set to hold talks Saturday aimed at spurring global economic recovery from a coronavirus-triggered recession amid growing calls to widen debt relief for ... ( read original story ...)

Posted on July 18, 2020

Philippines defends anti-terror law before U.S. Congress

The Philippines' foreign ministry has told the U.S. Congress that political freedoms and human rights will be respected as concerns linger over an anti-terrorism law that takes effect on Saturday. ( read original story ...)

Posted on July 18, 2020

Best Mart 360 opens third shop in Macau, eyes Greater Bay Area after social unrest, coronavirus slashes profit by 80 per cent

Best Mart 360 has opened the third of as many as 20 outlets planned for Macau and hopes to expand in the Greater Bay Area, as the Hong Kong-listed snack shop chain aims to grow its business after the ... ( read original story ...)

Posted on July 18, 2020

Lebanon elected officials blast Wolf over withholding of millions in CARES funding

Lebanon's four state elected officials strongly condemned Gov. Tom Wolf in a letter Friday over the withholding of millions in CARES Act funding from Lebanon County, calling the move "petty tyranny." ... ( read original story ...)

Posted on July 18, 2020

UAE opens new business incubator for Emirati entrepreneurs

The Fazaa Center for Business Incubators and Accelerators encourages to stimulate the leadership of ambitious Emirati youth in the field of business, enabling them to establish their projects and ... ( read original story ...)

Posted on July 18, 2020

Azerbaijan intends to expand e-business in 2021

Azerbaijan intends to expand e-business in 2021, Arzu Huseynova, acting director of the Institute for Scientific Research on Economic Reforms under the Azerbaijani Ministry of Economy said. ( read original story ...)

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