Lebanon’s government held crisis talks Friday after the country’s currency plumbed record lows on the black market, triggering a night of angry protests over the worst recession in decades. An …
Motor racing-Azerbaijan, Singapore and Japan GPs cancelled for 2020
This year’s Azerbaijan, Singapore and Japanese Formula One Grands Prix have been cancelled due to the COVID-19 pandemic, organisers said on Friday. Formula One had already cancelled four other races, …
China-US tensions drive Beijing’s push of yuan in belt and road nations, but challenges remain
China is stepping up efforts to internationalise the yuan among Southeast Asian nations under its Belt and Road Initiative, but the currency’s use in global trade is still limited.
Turkey Posts Current-Account Deficit for Fifth Month in April
Turkey’s current account remained in deficit in April as exports again dropped faster than imports amid a global economic slowdown caused by the coronavirus outbreak. The current-account balance — …
Jura Announces Closing of Running Finance Facility
Jura Energy Corporation (“Jura”) is pleased to announce that its wholly-owned subsidiary, Spud Energy Pty Limited (“SEPL”), has entered into.
Pakistan’s Khan ‘Calling the Shots’ With Army Support, Aide Says
Pakistan Prime Minister Imran Khan is “calling the shots” while the military is playing a supporting role as the government confronts challenges from the Covid-19 pandemic to threats from neighboring …
Indonesia Inc lines up for offshore debt
Indonesia is emerging as the lone bright spot in South-East Asia’s syndicated loan market with a pipeline of around US$6bn of offshore loans primed for launch in the coming months.
Beaver Paper Partners with Georgia Cities in the Fight Against COVID-19
In a private-public partnership, Beaver Paper, a member of Koehler Paper Group, has donated over three thousand anti-microbial face masks to the cities of Gwinnett County to help support their …
Philippine financial markets close for Independence Day
Philippine financial markets are closed on Friday, June 12, in observance of the country’s 122nd Independence Day. Trading on the Philippine Stock Exchange (PSE) and foreign exchange spot transactions …
FICO Survey: Philippine Consumers more Comfortable Opening Bank Accounts with Smartphones than Americans and British
The study showed that digital account opening is rapidly becoming the norm in the Philippines, with 76 percent of consumers saying they would open some kind of financial account online. Of those that …