The following are the updates on the global fight against the COVID-19 pandemic. COLOMBO — Sri Lanka sees a 91.06-percent recovery rate of the COVID-19 patients, local media quoting the country’s …
Sri Lankan shares end higher as financials gain
Sri Lankan shares ended higher on Monday, lifted by shares of financial and consumer discretionary companies. ** The benchmark CSE All Share Index closed up 0.49% to 5,075.90. ** Boosting the main …
Goldman, JPMorgan Among Banks Turkey Bans From Short-Selling
Turkey banned six foreign banks from betting against the nation’s stocks in a move that appeared to contradict recent steps toward easing such restrictions. Shares in Istanbul gained, tracking an …
Turkey’s ‘peg-legged’ foreign currency reserves
Turkey’s central bank appears increasingly fragile, with more than 60% of its reserves secured through swap deals.
China doesn’t need Pakistan in a war with India
China doesn’t need Pakistan in a war with India. ‘If a ‘two-front war’ develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,’ …
Payfazz gets $53 million to give more Indonesians access to financial services
Indonesia is not only Southeast Asia’s most populated country, but also one of the world’s fastest-growing economies. Payfazz is one of several tech startups focused on solving that problem by finding …
Florida’s Turnpike Enterprise and the State Road and Tollway Authority of Georgia to Join E-ZPass Network
July 6, 2020 /PRNewswire/ — The E-ZPass Interagency Group announced today that Florida’s Turnpike Enterprise and the State Road and Tollway Authority of Georgia (SRTA) will join the E-ZPass …
Singapore’s Indies Raises $100 Million for Third Asian Fund
(Bloomberg) — Indies Capital Partners, a Singapore-based alternative asset manager, has raised more than $100 million at the first close of its third flagship fund for structured credit and private …
Has Israel lost control over coronavirus pandemic?
Faced with a continued spike in coronavirus cases, Israel’s government is set to reimpose crowding restrictions.
Finance Minister Katz trying to push down vegetable prices
Israeli farmers protest Finance Minister’s plan, say it needs to allow local farmers to properly compete with imports.