European STOXX 600 climbed 1.6%, as stocks exposed to China, including carmakers , industrials , energy firms and luxury goods makers, gained strongly. China’s blue-chip index jumped over 5%, as inves …
Greater China First-Half Offshore Loans Drop 25% Amid Pandemic
Offshore loan volumes in the Greater China region tumbled by a quarter in the first half of the year to the lowest level since late 2016 as companies borrowed less in the wake of the coronavirus …
Covid-19 to ‘Weigh Heavily’ on Singapore’s Economy, PM Lee Says
Prime Minister Lee Hsien Loong said he’s determined to hand over Singapore “intact” and in “good working order” to the next generation of leaders, predicting the coronavirus crisis will “weigh heavily …
Cambodia Cabinet agrees to new draft laws
The Cabinet approved two new draft laws – one on the management, use and handling of state property and another on commercial gambling management, said a press release issued by the Council of …
Cambodia’s NagaWorld casinos set to reopen, schools to follow
Nagacorp Ltd has requested that it be allowed to reopen its NagaWorld integrated resorts in Phnom Penh after the government recently approved casinos to operate again, provided they follow Covid-19 …
JGBs dip as China recovery hopes boost risk appetite
Investors are looking to the auction of 0.9 trillion yen ($8.36 billion) 30-year JGBs on Tuesday as a key test of investor appetite, the first auction of that maturity since the Ministry of Finance …
Cambodia casinos can reopen, with Covid-19 measures
He said the decision took into consideration the fact that the Covid-19 situation in the country had stabilised. Casino operators in Cambodia will have to obtain permission from the country’s Ministry …
China Stokes a Stock-Market Mania, Risking Repeat of 2015 Bubble
Chinese stocks extended their recent rapid climb, aided by an enthusiastic chorus from the nation’s influential state media.The CSI 300 Index jumped as much as 4.2% on Monday morning, the most since …
COVID-19 pandemic: Pakistan gets Rs335bn debt relief from G20
Sources say government making an all-out effort to accomplish this task within the first quarter till September 30 …
How the RBI’s new home finance rules affect you
How the RBI’s new home finance rules affect you. ‘Real estate loans are given in the garb of retail loans, sourcing money cheap from the NHB refinance window.’ ‘This loophole is being plugged,’ notes …