The Pakistan Telecommunication Authority (PTA) on Thursday 30th July 2020, announced the lifting of ban on the live streaming app Bigo Live.
Currency peg vital for Hong Kong’s status as global finance centre even as US dollar declines, says former monetary authority chief Joseph Yam
It marked the second time in a week that Yam – now an executive council member – has spoken out to shore up confidence in the peg and in Hong Kong as a reputable global finance hub. He gave a …
SocGen shuts Singapore trade commodity desk after Hin Leong
Societe Generale SA is closing its trade commodity finance unit in Singapore after the collapse of Hin Leong Trading prompted the bank to halt fresh funding to such firms in the region.
US House passes missile-defense budget for Israel valued at $500 mil.
US House of Representatives passed on Friday an aid package to Israel valued at $500 million designated for assistance to Israel in missile-defense, JNS reported. The financial aid will mostly go …
Nepal Investment Bank bags ‘Award of Recognition’
Nepal Investment Bank Ltd (NIBL) has bagged an ‘Award of Recognition’ from International Financial Corporation (IFC) …
Iran Will Expand Nuclear Program and Won’t Talk to U.S., Ayatollah Says
In a televised speech, Ayatollah Ali Khamenei, Iran’s supreme leader, said that negotiating with Washington over his country’s nuclear program would only help President Trump get re-elected.
India Eases Loan Rules in Rescue Package to Cover More Companies
India eased some lending rules in the rescue package it announced in May to help more small businesses tide over the crisis triggered by the pandemic.
Every sector is trying to beat the pandemic and revive, says Finance Minister Sitharaman
Nirmala Sithraman says credit flow is picking up, but points out that given the uncertainty around the pandemic, a complete picture about the economy is yet to emerge.
Apple’s Taiwan suppliers, Samsung apply for India’s smartphone scheme
NEW DELHI (Reuters) – Apple Inc’s Taiwan contract manufacturers Foxconn , Wistron Corp and Pegatron Corp have applied for India’s $6.65 billion scheme to …
Video: UAE leaders celebrate Eid Al Adha with Mars Hope probe mission team
The UAE’s leaders celebrated the first day of Eid Al Adha with the Emirates Mars Mission team on Friday. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the …