China has suspended imports from two Brazilian pork plants owned by meatpackers JBS SA and BRF SA, according to the Chinese customs authority, as it cracks down on meat shipments amid concerns about …
Time for China to decouple the yuan from US dollar, former diplomat urges
China must brace for a full-blown escalation of the struggle with the United States and prepare to gradually decouple the Chinese yuan from the US dollar, a former senior Chinese diplomat warned amid …
Germany to revamp financial oversight after Wirecard scandal
Germany’s finance minister says he wants to revamp the oversight system for the country’s financial industry in the wake of the accounting scandal at payment systems …
Finance Minister Israel Katz drafting economic plan until vaccine ready
Finance Minister Israel Katz is working on a new economic plan for dealing with the impact of the coronavirus on the economy for the year ahead, he revealed at the Ma’ariv newspaper’s OECD Conference …
Deem Finance adds second branch, plans two more in UAE
But even here, digital-focussed entity will focus on paperless transactions with clients Dubai: Deem Finance, a digitally-led financial services provider, has opened a second branch, this one at …
Nepal’s ruling party in grave crisis: PM K P Sharma Oli to Cabinet ministers
Facing growing demand for his resignation, Nepal’s embattled Prime Minister K P Sharma Oli has said that the ruling communist party is facing a grave crisis, indicating that it may split soon, …
Banks in Bangladesh maintain lowest capital than other South Asian nations
Pakistan and Sri Lanka– says the Bangladesh Bank’s Financial Stability Report-2019. The stability report says the capital adequacy ratio (CAR) of the banking industry stood at 11.6% at the end of …
India should focus on 15 items of imports to achieve self-reliance: Assocham
Industry body Assocham has identified 15 large import items for ramping up the country’s domestic capacity to achieve the objective of Aatmanirbhar Bharat or self-reliant India in 2-3 years. These …
“Frustration”, Says BJP On Trinamool Leader’s Comment On Finance Minister
In controversial remarks, TMC MP Kalyan Banerjee has equated Union Finance Minister Nirmala Sitharaman with a “venomous snake” for her handling of the economy, drawing sharp reaction from the BJP whic …
Finance Ministry may review capital requirement of PSU banks after second quarter
There is widespread fear that NPAs of the banks will witness a surge due to the economic slowdown triggered by the COVID-19 outbreak and resultant lockdowns.