The resurgence in Indian equities despite the economic impact from the still-spreading coronavirus has bewildered professional investors. ( read original story ...)
Pompeo says China’s Africa lending creates unsustainable debt burdens
U.S. Secretary of State Mike Pompeo on Wednesday blasted China's policy on lending to African countries, reiterating Washington's charges that it creates unsustainable debt burdens. China's President ... ( read original story ...)
China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong
A day before Beijing passed a decision paving the way for its national security law for Hong Kong, the global index provider MSCI decided to relocate its financial derivative products from Singapore ... ( read original story ...)
U.S. Should Sanction Chinese Banks For Repression In China
China needs access to the dollar’s international plumbing system to finance its Belt and Road initiative. More than 70% of its international trade and a substantial portion of China’s incoming ... ( read original story ...)
China’s debt relief to support some stressed emerging markets: Fitch
China's pledge to relieve the debt burden owed to it by some emerging market governments could ease near-term liquidity pressures in nations struggling with the fallout from the coronavirus pandemic, ... ( read original story ...)
WB approves $500m to B’desh for road connectivity with India
World Bank Country Director for Bangladesh and Bhutan Mercy Tembon said ... which will be critical for emergency responses and business continuity in crises similar to the COVID-19 (coronavirus ... ( read original story ...)
Cyprus relaxes gathering regulations
The ban on big private gatherings had brought weddings to a standstill as a marriage ceremony of Cyprus style involves many hundreds of people lining to congratulate the newlyweds and give them a ... ( read original story ...)
Mongolians vote for parliament in shadow of coronavirus
Voters queue two meters apart to enter, with medical staff checking temperatures, passing out hand disinfectant and masks, and providing single-use plastic gloves to fill out ballot papers ... ( read original story ...)
Luxury Retailer in Kuwait Hires Citigroup to Advise on Options
Kuwait’s Boutiqaat hired Citigroup Inc. to explore strategic options for the online retailer of luxury goods and cosmetics, according to people with knowledge of the matter. ( read original story ...)
Kuwait luxury retailer Boutiqaat hires Citigroup to explore strategic options
Citigroup is said to be working with the Boutiqaat on possibilities including a partial sale of the business and fund raising ... ( read original story ...)