The Royal Government of Bhutan moved $60M in BTC, retaining $1.26B in total holdings. The country has the sixth largest treasury following the BTC reserves of North Korea.
Cyprus non-performing loans ratio falls to 5.9 per cent in April
The Non-Performing Loans (NPL) ratio in the Cypriot banking sector fell to 5.9 per cent at the end of April, down from 6.1 per cent at the end of March, according to figures published by the Central …
Green investing moves mainstream with new portfolios for Cyprus market
The Cyprus Investment and Securities Corporation (CISCO), a wholly owned subsidiary of the Bank of Cyprus Group, on Friday announced a strategic partnership with global asset manager Schroders to …
IFC Greenlights $250 Million Solar Polysilicon Project Despite Controversy
The International Finance Corp (IFC) has approved a $250 million investment in a solar polysilicon manufacturing project in Oman. The decision met objections from the IFC’s U.S. executive director, …
Israel gives Gazans until Oct 7 to evacuate ahead of full occupation
Israel will tell civilians in Gaza City that they have until Oct 7 to evacuate before it launches a full military occupation.
Unimaginable peace: Azerbaijan and Armenia sign historic agreement after decades of conflict
After almost four decades of a bloody conflict that until recently had no end in sight, Azerbaijan and Armenia signed a peace agreement in the presence of the US President Donald Trump. Notably absent …
Republic of Uzbekistan: Financial Sector Assessment Program-Detailed Assessment of Observance-Basel Core Principles for Effective Banking Supervision
In the context of Uzbekistan’s transition to a market-based economy, the authorities have undertaken several reform measures that strengthened banking supervision. Starting in 2019, a new central bank …
Republic of Uzbekistan: Financial Sector Assessment Program-Detailed Assessment of Observance-Basel Core Principles for Effective Banking Supervision
In the context of Uzbekistan’s transition to a market-based economy, the authorities have undertaken several reform measures that strengthened banking supervision. Starting in 2019, a new central bank …
Japanese lawmakers question lack of details about US-Japan trade deal
Japanese trade negotiator Ryosei Akazawa traveled to Washington, D.C., this week to clarify a discrepancy from the initial trade deal announcement in July.
Has the economy stabilised, or just the fall slowed?
When Salehuddin Ahmed was appointed finance adviser to Bangladesh’s interim administration in August 2024, the country’s economy was in a tailspin.