The kingdom’s sovereign-wealth fund revealed almost $10 billion in US holdings, up from about $2.2 billion at the end of December.
Cash strapped Thai Airways to seek bankruptcy rehabilitation
Thailand’s government spokeswoman says flag carrier Thai Airways International will file a rehabilitation plan with the country’s Central Bankruptcy Court …
Coronavirus update: Bangladesh doctors say effective drug combination found
Bangladesh has so far reported 20,995 coronavirus cases. A total of 314 people have lost their lives in the country due to the disease A Bangladeshi medical team led by a senior doctor has claimed …
Hong Kong police had no systemic issues, says independent watchdog on protests
While Hong Kong’s police had no systemic issues as an institution, their alleged use of force in the city’s protests remains a personal and legal question by way of the complaints we received, says …
US tells China not to intefere with its journalists in Hong Kong
The US on Sunday warned China against interfering with American journalists working in Hong Kong, in an escalating row between the two countries over press freedom and other issues. The two sides have …
Tmoney suffers snowballing losses in Mongolia
By Park Jae-hyuk Tmoney is facing mounting losses from its business in Mongolia which it began ambitiously in 2015, the public transportation payment service provider’s regulatory …
Saudi Arabia’s wealth fund seeks IPO of information security firm Elm -sources
Saudi Arabia’s sovereign wealth fund is considering an initial public offering of its information security company Elm, three sources familiar with the matter told Reuters. By Hadeel Al Sayegh and …
Yoma Strategic’s mobile payments joint venture in Myanmar ties up with Alipay operator
SINGAPORE (THE BUSINESS TIMES) – Alipay operator Ant Financial Services Group will invest $73.5 million in Digital Money Myanmar (Wave Money) – a mobile payments joint venture (JV) between Telenor …
No soft landing for troubled THAI
The clock is ticking for loss-ridden Thai Airways International Plc (THAI) as it seeks a much-needed lifeline from the government or risks becoming another chapter in the history of national flag …
Philippine Broadcaster Caught in Duterte Cross-Hairs Plunges
CBN Corp., the largest Philippine media company, plunged after the stock exchange allowed the shares to trade again following a halt that lasted eight sessions.