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Posted on June 18, 2020

South Korea To Tax Cryptocurrency, Could Be As High As 20%

Korea JoongAng Daily said this raised speculation that cryptocurrency income might be categorized as other income -- similar to gains from lottery purchases -- and not as capital gains. Finance ... ( read original story ...)

Posted on June 18, 2020

Myanmar to provide special relief loan to pandemic-hit farmers

YANGON (Xinhua): Myanmar government planned to provide special relief loan to farmers to relieve the impact of the Covid-19 pandemic on the agricultural sector, according to Ministry of Planning, ... ( read original story ...)

Posted on June 18, 2020

Iran: What will happen when the conservatives take complete control?

Unless the state prioritises Iran's national interests over unrealistic revolutionary goals, it can no longer blame others for the country's problems ... ( read original story ...)

Posted on June 18, 2020

Iran, Hezbollah say US sanctions will worsen Syrians’ suffering

US law imposes far-reaching financial restrictions to compel Damascus government to halt 'attacks on the Syrian people'. ( read original story ...)

Posted on June 18, 2020

Vietnam Airlines proposes Gov’t financial support to overcome difficulties

Vietnam Airlines has proposed the Government to lend a minimum of VND4 trillion (US$172 million) or maximum of VND12 trillion at the lowest preference interest rate to help the firm overcome serious ... ( read original story ...)

Posted on June 18, 2020

Indonesia finance: Sri Mulyani Indrawati makes sense of Covid-19

it turns to Indonesia's minister of finance – but she has never faced a challenge like this. Sri Mulyani Indrawati is Indonesia’s financial and economic trouble-shooter. Whether it is managing the ... ( read original story ...)

Posted on June 18, 2020

India tells two state firms not to use China telecoms gear, source says

NEW DELHI, June 18 (Reuters) - India has told two state-run telecoms firms to use locally-made rather than Chinese telecom equipment to upgrade their mobile networks to 4G, a senior government ... ( read original story ...)

Posted on June 18, 2020

Fears About India Retail Loan Defaults Overblown, Macquarie Says

The volume of Indian loans subject to moratorium is dropping, suggesting that fears about large-scale defaults on banks’ retail lending books may be overblown, according to analysts at Macquarie Group ... ( read original story ...)

Posted on June 18, 2020

Coronavirus: China calls on banks to give up US$212 billion in profits to finance cheap business lending

China's government is reaching beyond its monetary policy tool box to free up capital and direct funds towards the nation's cash-starved businesses to help the economy claw its way out of its worst ... ( read original story ...)

Posted on June 18, 2020

China tables draft Hong Kong security law in sign it intends to rush legislation

State media organisation Xinhua reports draft clarifying four major offences put before top lawmaking body ... ( read original story ...)

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