Beijing is scrubbing up. Late last week, the central bank excluded so-called clean coal from a draft list of projects eligible for green bonds. It’s a significant move that puts the world’s number-two …
Reopening Economy Drives India Bond Rebound Despite Moody’s Cut
(Bloomberg) — Private-sector Indian companies have fared well in the bond market this week despite a sovereign rating downgrade by Moody’s Investors Service, as investors focus more on early signs of …
Senators Push ‘Unprecedented’ Sanctions on China Over Hong Kong
A Senate Republican who’s sponsoring legislation to penalize banks that work with Chinese officials moving to crack down on dissent in Hong Kong said his bill would bring “unprecedented” action to the …
Lebanon Aims to Reconcile Financial System Loss Figures Next Week
Lebanon will decide on one approach on figures it is presenting in IMF negotiations, the presidency said on Thursday, seeking to reconcile different approaches taken by the government and central bank …
Validity Finance Hires Arbitral Atty To Head New Israel Office
Litigation funder Validity Finance has opened its first international office in Tel Aviv, making it the first U.S-based litigation finance firm to set up shop in Israel, the company has announced.
India imposes anti-dumping duty on electronic calculators from Malaysia
The revenue department said electronic calculators are exported to India from Malaysia below their associated normal price, thus amounting to dumping.Imports of electronic calculators from Malaysia …
Malaysia Farms Face $3 Billion Hit From Palm Oil Worker Shortage
The coronavirus pandemic has left Malaysia’s palm oil industry without enough workers, a shortage that could cost farmers as much as 25% of their annual production — a loss worth about $2.8 …
OPEC+ Talks Hit Impasse as Iraq Goes Slow With Output Cuts
Talks to extend OPEC+ production cuts hit an impasse on Thursday after Iraq said it will only be able to reach its output target at the end of July, defying an ultimatum from Saudi Arabia and Russia …
Thousands In Hong Kong Defy Tiananmen Vigil Ban
Crowds streamed into one of the city’s main parks that has hosted huge Tiananmen anniversary vigils for the past three decades, with smaller rallies erupting across the finance hub. Graphic comparing …
Philippines, World Bank sign $500 million COVID loan
The Philippines and World Bank have signed a $500-million loan agreement to support poor households and workers affected by the coronavirus disease 2019 or COVID-19 pandemic, the Department of Finance …