Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia ... ( read original story ...)
Thailand reports 1 new coronavirus cases, no new deaths
BANGKOK, June 5 (Reuters) - Thailand on Friday reported one new coronavirus infection and no new deaths, taking its total confirmed cases to 3,102, of which 58 have been fatalities. The new case was a ... ( read original story ...)
IMF urges Pakistan to freeze govt salaries
Islamabad, June 5 (IANS) The International Monetary Fund (IMF) has urged Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal primary ... ( read original story ...)
IMF wants Pakistan to freeze all non-development expenditures
IMF wants Pakistan to carry out massive fiscal adjustments amounting to Rs1,150bn to cut budgetary deficit at 0.4% of the GDP ... ( read original story ...)
India Stocks Set for Second Weekly Gain on Easing Lockdown
Indian equities rose, with the benchmark index set for a second week of gains, as Asia’s third-biggest economy continues easing a nationwide lockdown.The S&P BSE Sensex Index and NSE Nifty 50 Index ... ( read original story ...)
Reopening Economy Drives India Bond Rebound Despite Moody’s Cut
(Bloomberg) -- Private-sector Indian companies have fared well in the bond market this week despite a sovereign rating downgrade by Moody’s Investors Service, as investors focus more on early signs of ... ( read original story ...)
China Tackles the Dirty Work of Finance
Beijing is scrubbing up. Late last week, the central bank excluded so-called clean coal from a draft list of projects eligible for green bonds. It’s a significant move that puts the world’s number-two ... ( read original story ...)
Qatar’s resilience has been a inspiration: CMU-Q dean
Carnegie Mellon University in Qatar (CMU-Q) dean Michael Trick observed that it has been remarkable to see Qatar residents come together to help the country adapt and thrive over the past three years. ( read original story ...)
Twelve passengers from Qatar test positive for coronavirus upon arrival in Greece
Qatar Airways claimed the passengers who tested positive after landing in Athens on Monday were healthy when they left Doha. ( read original story ...)
Resilient Qatar economy continues to maintain growth momentum
The siege against Qatar imposed by its Arab neighbours on June 2017 failed to slow the rapid growth of the country's economy even as the government managed to transform its impact into economic ... ( read original story ...)