Global Digital Assets (GDA Capital) has secured a $350 million dollar mandate from LehmanBush to co-advise on the firm’s acquisition of blockchain, financial technology, and decentralized finance …
U.S. and Mongolia Cultivate Strong Partnership in Indo-Pacific
Mongolia, a landlocked country between China and Russia, thus far has managed to contain the spread of COVID-19 with prompt and strict measures. The country introduced social distancing early on, and …
SouthGobi Announces Status Update on 2019 Financial Statements
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that it anticipates that its external auditors (the “Auditors”) will not be in a position to render an unmodified …
Liquid Finance helps Large Agriculture Equipment Manufacturer GVM, Inc. Exit Chapter 11 Bankruptcy in Post COVID-19 Environment
GVM Inc. of Biglerville, PA, an American manufacturer of high-end agriculture equipment called Prowler Double Duty Spreaders and Mako Sprayers, has exited Chapter 11 Bankruptcy in a transaction with …
A Whole Day’s Trades Get Canceled in Kuwait Over Dividend Chaos
The timing wasn’t ideal: while Kuwait’s central bank governor was in a forum Wednesday with lawmakers and executives discussing plans to boost the economy, shares in the Gulf state’s lenders were …
Lebanon tax revenue down 12.5% in Q1 as economic crisis bites
Lebanon’s tax revenues dropped 12.5% during the first quarter of 2020 compared to a year earlier, ministry of finance data showed on Thursday, as a bruising financial crisis took its toll. BEIRUT, …
Lebanon could have had oil tanker seized by Eurobond holders: minister
Lebanon could have recently had an oil tanker seized by Eurobond holders because of its stinging debt crisis and the government was taking steps to avoid such risks in future, the energy minister said …
Azerbaijan provides humanitarian aid to citizens stranded in Turkey
Earlier, Azerbaijan sent financial aid to 90 citizens stranded in Uzbekistan due to the closure of borders amid COVID-19. Over 20.000 citizens have already been repatriated to the country. The …
Thai rice prices hit 1-month peak on strong baht, supply woes
Quotes for Thailand’s benchmark 5-percent broken rice prices rose to $505-$533 per tonne on Thursday – the highest level since early May – from $490-$512 last week. The baht hit a more than four month …
Pakistan’s Economy Contracts For First Time In 68 Years Due To COVID-19
Advisor on Finance Abdul Hafeez Sheikh, releasing the Pakistan Economic Survey 2019-20 said the economy suffered massively due to the coronavirus.