The bank ran a survey of Taiwanese companies last year and found that 20% of those with overseas businesses were relocating operations, either back to Taiwan or to safer locations, such as Hong Kong …
Nasdaq Dubai welcomes listing of $1.5bln sukuk to support Covid-19 initiatives
according to a joint statement issued by Nasdaq Dubai and IsDB. The sukuk is the second to be issued under IsDB’s Sustainable Finance Framework, following its debut Green Sukuk last year and is the …
Kazakhstan Economy Hit by Virus, Drop in Oil Prices
The economy of Kazakhstan, central Asia’s largest energy producer, took a double hit from the coronavirus-related lockdown and the collapse in oil prices. Naubet Bisenov reports on “Bloomberg Markets: …
Saudi raises $2.27bln in Islamic bonds – finance ministry
Saudi Arabia has raised 8.495 billion riyals ($2.27 billion) in Islamic bonds or sukuk, in June, the finance ministry said on Sunday. According to a statement on the finance ministry website, the …
IMF is angling to undermine US sanctions against Iran
The International Monetary Fund, a U.N. subsidiary and the world’s premier global financial body, has been quietly looking for ways to undermine U.S. sanctions against Iran. It is even mulling a …
India Shadow Banks Cut at S&P as Pandemic Worsens Liquidity Woes
Credit scores of several Indian shadow lenders were downgraded by S&P Global Ratings due to liquidity risks amid the pandemic-induced economic downturn.
China State Firms’ Profits Fall 52.7% Year-On-Year in Jan-May: Finance Ministry
May, according to a statement from the country’s Finance Ministry on Monday, to 663.1 billion yuan ($93.67 billion).
AID Atlanta and AHF Praise Georgia on Passage and Signing of Hate Crimes Act
It will give state prosecutors and law enforcement officials in our state important tools to make Georgia safer for everyone,” said AID Atlanta Executive Director Nicole Roebuck. AID Atlanta is an …
Raiffeisen Bank International – bridge between Azerbaijani financial institutions, global economy
Baku, Azerbaijan, June 28 By Eldar Janashvili – Trend: Raiffeisen Bank International (RBI) plays a bridging role in connecting the Azerbaijani financial institutions to the European and global economy …
Where to buy the just-released Air Jordan 11 Low ‘Concord Bred’
After many weeks of postponements, the Air Jordan 11 Low “Concord Bred” is finally available for purchase. As the name suggests, the sneaker combines both the iconic “Concord” and “Bred” colorways …