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Posted on August 7, 2020

Steep discounts for Hong Kong foreclosed homes may portend property price slump

Some Hong Kong foreclosed homes have been recently sold at steep discounts, adding to signs that the world's most expensive housing market could be heading for price declines both this year and next. ( read original story ...)

Posted on August 7, 2020

Coronavirus: Bahrain reports 375 new Covid-19 cases

The Bahrain health ministry has reported 375 new cases of the Covid-19 coronavirus, along with 369 recoveries.Of the new cases, 138 were among expatriate workers, 237 were contacts of active cases.Two ... ( read original story ...)

Posted on August 7, 2020

Qatar- Strong winds and dusty conditions to continue

Strong winds are again expected in some places during the daytime on Friday along with dusty conditions, the weather forecast shows. Windy conditions are also likely offshore on Friday. Also ... ( read original story ...)

Posted on August 7, 2020

Qatar Ranked High on “Ease of Doing Business,” as Country Develops Fintech Friendly Policies, Launches Regulatory Sandbox

Qatar ranked high on "ease of doing business," as country develops Fintech friendly policies, launches regulatory sandbox. ( read original story ...)

Posted on August 7, 2020

Protesters stage ‘die-in’ at University of Georgia over plans for in-person classes as an apparent photo from the school of plexiglass being held up by painter’s tape on a desk …

The protesters delivered an open letter demanding free COVID-19 tests for all and that in-person teaching be optional. ( read original story ...)

Posted on August 7, 2020

OCBC Profit Falls 40%, Rounds up Cautious Outlook for Singapore Banks

"With respect to the moratorium, there is quite a bit of uncertainty," OCBC Group CEO Samuel Tsien said, adding that this related to how the programme was managed, how fast market ... ( read original story ...)

Posted on August 7, 2020

Singapore lender OCBC Q2 profit slumps 40%, hurt by loan-loss provisions

Chinese Banking Corp reported a larger-than-expected 40% tumble in quarterly net profit on Friday, hurt by loan-loss provisions in a pandemic-hit market and a slowdown in customer activity. ( read original story ...)

Posted on August 7, 2020

Singapore Charges Director in Its First Wirecard-Linked Case

Singapore has accused a director of a local accounting firm of falsifying documents, making its first charges in relation to the scandal surrounding disgraced German payments company Wirecard AG. ( read original story ...)

Posted on August 7, 2020

Singapore Charges Man for Falsifying Letters in Wirecard Case

Singapore has laid its first charges in the Wirecard AG scandal, accusing a director of Citadelle Corporate Services Pte of falsifying accounts. ( read original story ...)

Posted on August 7, 2020

Beirut explosion: Lebanon security forces fire tear gas at protesters as anger mounts over blast

State media says several people were injured in protests as country’s ambassador to Jordan resigns over ‘state negligence’ ... ( read original story ...)

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