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Posted on November 4, 2020

UAE: Sheikh Mohammed attends camel race

The race was held on the occasion of the safe return of Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, after the surgery he recently underwent. Sheikh Hamdan bin …

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Posted on November 4, 2020

Syrian mercenaries for hire?

Karabakh and Libya by Turkey have raised questions about the country becoming a reservoir of fighters-for-hire, writes Bassel Oudat in Damascus …

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Posted on November 4, 2020

South Korean high-tech manufacturer buys up North San Jose campus from DivcoWest

DivcoWest’s new deal comes with a healthy profit after buying the then-vacant property from Cisco Systems in 2018 and then leasing most of its space to semiconductor equipment maker #ASML last year. # …

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Posted on November 4, 2020

BEYOND THE BOSPORUS: Turkey in financial desert as liquidity dries up in USD/lira market

Renowned pundits at financial institutions and market-maker news services are regaling us with their latest wisdom as to Turkey’s monetary policy …

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Posted on November 4, 2020

Inflation rises in Turkey as lira falls for ninth consecutive day

Turkish Treasury and Finance Minister Berat Albayrak said in a tweet Monday … Meyersson said current dynamics will likely perpetuate high inflation and unemployment rates. Turkey observers have also …

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Posted on November 4, 2020

Japan stocks set to trade higher as investors wait for U.S. election results; Ant Group IPO suspended

Alibaba owns a roughly 33% stake in Ant Group. SINGAPORE — Stocks in Japan were set to trade higher at the Wednesday open as investors in Asia-Pacific wait for the result of the U.S. presidential …

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Posted on November 4, 2020

Muthoot Finance posts 2.4% rise in profit to Rs 931 crore

The lender, which also operates a home loan, microfinance and insurance broking subsidiaries, said its gold loan portfolio grew 14% sequentially to Rs 46,678 crore, while the growth in its non-gold …

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Posted on November 4, 2020

Indian-Americans have contributed more money to the 2020 campaigns than any US election before

Indian-Americans make up just over 1% of the US population—but they form a growing political force. Their political and financial contribution to the current election, experts say, is unprecedented.

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Posted on November 4, 2020

Market debut of Chinese e-finance giant Ant Group postponed

The planned stock market debut of the world’s biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public …

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Posted on November 3, 2020

Lebanon caretaker PM urges central bank to provide all info for audit

Lebanon’s caretaker Prime Minister Hassan Diab called on the central bank to provide restructuring consultancy Alvarez & Marsal with all the information requested for a forensic audit, warning against …

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