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Posted on June 3, 2020

Trump-Xi Standoff Over Hong Kong Puts Trade Deal in Spotlight

As China awaits U.S. sanctions for cracking down on Hong Kong, recent murmurs in the agriculture markets have increased worries that a trade deal between the world’s two biggest economies could ... ( read original story ...)

Posted on June 3, 2020

Britain will not walk away from Hong Kong, Johnson says

Britain will not walk away from the people of Hong Kong if China imposes a national security law that would conflict with its international obligations under a 1984 accord, Prime Minister Boris ... ( read original story ...)

Posted on June 3, 2020

Some global firms consider moving treasury operations out of Hong Kong – sources

Some global companies are considering shifting some of their treasury operations out of Hong Kong as the United States moves to end the city's privileges, senior bankers said, in the latest blow to ... ( read original story ...)

Posted on June 3, 2020

Hong Kong Tycoon Li’s Telecom Firm Weighs $1 Billion Unit Sale

A Hong Kong telecommunications firm controlled by tycoon Richard Li is considering options including a sale of its international enterprise unit, PCCW Global, according to people familiar with the ... ( read original story ...)

Posted on June 3, 2020

Qatar- Most GCC banks are well-positioned to absorb twin shocks

By Satish Kanady I The Peninsula With strong capitalisation, adequate liquidity, and relatively low NPLs, the GCC's banking systems will continue to remain sound despite the double shocks from oil ... ( read original story ...)

Posted on June 3, 2020

Key Dates in Hong Kong’s Anti-Government Protests

The national security legislation prompted U.S. President Donald Trump to move ahead and strip the financial hub of the special treatment Washington affords it that is seen as key to its success as a ... ( read original story ...)

Posted on June 3, 2020

Lebanon Money Dealers Set Dollar Selling Price at 4,000 Pounds

Lebanon’s money dealers set the selling price of the dollar at a maximum of 4,000 pounds for Wednesday as exchange bureaus reopen after weeks of a nationwide strike.The price of buying dollars is set ... ( read original story ...)

Posted on June 3, 2020

Lebanon seeks foreign government-backed financing for power plants after default

Lebanon has turned to global power plant manufacturers including General Electric to arrange financing to build badly needed electricity capacity, hoping favourable terms can be agreed with help from ... ( read original story ...)

Posted on June 3, 2020

Lebanon must turn reform ideas into reality, U.S. ambassador says

The Lebanese government must turn its reform ideas into reality and take concrete steps to win international support, the U.S. ambassador said in an interview broadcast on Sunday. Dorothy Shea also to ... ( read original story ...)

Posted on June 3, 2020

Most U.S. Firms in Hong Kong Say China’s Security Law Will Hurt Business

The vast majority of U.S. firms in Hong Kong are worried about China’s new national-security laws for the city, according to a new survey that highlights rising concerns among executives in the global ... ( read original story ...)

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