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Posted on July 13, 2020

Nepal’s minister calls for reopening of Pashupatinath Temple closed during COVID-19 pandemic

Nepal’s Culture minister has asked the staff of the trust ... at the temple complex to improve the infrastructure at the holy shrine for the pilgrims. Financial Express is now on Telegram. Click here ... ( read original story ...)

Posted on July 13, 2020

Malaysia PM’s Two-Vote Majority Shows Snap Election Still a Risk

Malaysia’s uncertain political situation has been a sore spot for investors and credit rating companies alike. “Replacing the speaker is crucial because it’s the speaker who decides if a ... ( read original story ...)

Posted on July 13, 2020

South Korea to Host 2023 Annual ADB Meeting in Incheon

South Korea's finance ministry said on Monday the country planned to host the 56th annual meeting of the Asian Development Bank (ADB) in Incheon in 2023, as earlier plans to host an annual meeting ... ( read original story ...)

Posted on July 13, 2020

Thailand plans $3.2 bln soft loans to help tourism, services

Thailand plans 100 billion baht ($3.2 billion) of new soft loans to help small-and medium-sized enterprises (SMEs) in the tourist and services sector hit by the coronavirus pandemic, the finance ... ( read original story ...)

Posted on July 13, 2020

Iran offers unconditional support to Hamas, Islamic Jihad

GAZA CITY, Gaza Strip — Since Hamas and Islamic Jihad remained on the sidelines in the Syrian civil war and left their respective offices in Damascus in 2012, Iran, a staunch ally of the Syrian regime ... ( read original story ...)

Posted on July 13, 2020

Botched Iran Case Adds to Woes of N.Y. Office Upended by Barr

The story line seems familiar. U.S. prosecutors win a significant conviction. Then evidence emerges that suggests possible misconduct by investigators, and the prosecution asks the judge to dismiss ... ( read original story ...)

Posted on July 13, 2020

Indonesia says Taiwan’s Cathay Financial may raise stake in bank

Taiwan's Cathay Financial Holdings is conducting due diligence to raise its stake to 51% in mid-sized Indonesia lender Bank Mayapada Internasional, an Indonesia regulatory official said on Monday. ( read original story ...)

Posted on July 13, 2020

Indonesia’s debt-sharing experiment worries rupiah investors

The “burden-sharing” agreement unveiled last week involves Bank Indonesia (BI) effectively buying about $28 billion worth of bonds the government plans to issue to finance its COVID-19 ... ( read original story ...)

Posted on July 13, 2020

Indonesia raises 18.34 trillion in retail bonds, over target

Indonesia has raised 18.34 trillion rupiah ($1.28 billion) from sales of retail bonds, nearly double its target, the finance ministry said on Monday, the proceeds of which will be used to fund its ... ( read original story ...)

Posted on July 13, 2020

Indonesia raises $1.28bln in retail bonds, over target

JAKARTA - Indonesia has raised 18.34 trillion rupiah ($1.28 billion) from sales of retail bonds, nearly double its target, the finance ministry said on Monday, the proceeds of which will be used to ... ( read original story ...)

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