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Posted on November 19, 2024

Widow of Malaysia’s Daim Zainuddin insists on case against late ex-minister to go on

Naimah Khalid says Daim wanted ‘his day in court’ to clear his name in a case slammed by their family as ‘politically motivated’.

Posted on November 19, 2024

Iraq Continues to Play a Delicate Geopolitical and Economic Balancing Act

Iraq’s budget has priced in $70 per barrel for 2024, which is around $5 lower than what is expected to be the average price this year. “We don’t anticipate major problems in 2024, but we need stricter ...

Posted on November 19, 2024

Thailand to start second stage of stimulus programme in January

The second phase of Thailand's "digital wallet" handout scheme will be launched in January and distribute 40 billion baht ($1.16 billion) among 4 million people to help boost consumption, officials ...

Posted on November 19, 2024

Finance ministry plans to convert THAI debt

The Ministry of Finance is preparing to convert the debt of Thai Airways International into equity, with a proposal expected to be submitted to the cabinet this month as part of a plan to increase the ...

Posted on November 19, 2024

Thai fimin says phase two of digital wallet will cover 4 mln people

BANGKOK, Nov 19 (Reuters) - The second phase of the Thai government's "digital wallet" handout scheme will cover 4 million people and total 40 billion baht ($1.16 billion), Finance Minister Pichai ...

Posted on November 19, 2024

Turkey mandates with pre-funding 2025 in mind

The Republic of Turkey plans to return to the market this week with a long five year Reg S/144A sukuk and start pre-funding for 2025. Bank ABC, Dubai Islamic Bank, HSBC, KFH Capital and Standard ...

Posted on November 19, 2024

Japan’s Norinchukin posts $3.1 bln Q2 loss after selling sovereign bond holdings

Japan's Norinchukin Bank posted on Tuesday a net loss of 481 billion yen ($3.11 billion) for the July-September quarter after selling part of its extensive sovereign bond portfolio.

Posted on November 19, 2024

Turkey’s Cash Headache Shows Inflation Fight Is Getting Physical

Years of runaway inflation are testing the physical limits of Turkey’s cash-centric economy as its biggest banknotes become increasingly inadequate to cover even daily spending.

Posted on November 19, 2024

US Defense Chief Says Alliance With Philippines Will Transcend Administrations

U.S. Defense Secretary Lloyd Austin has condemned China's dangerous actions against the Philippines and renewed a warning that the United States would defend its treaty ally if Filipino forces come un ...

Posted on November 19, 2024

Philippines’ Marcos Says Discussed Alliance in Call With Trump

MANILA (Reuters) - Philippine President Ferdinand Marcos Jr said he and U.S. President-elect Donald Trump discussed their countries' alliance and their desire to strengthen that deep relationship in a ...

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