On Monday, in a statement Bank of Japan Governor Haruhiko Kuroda said, woes revolving around China’s property sector are unlikely to trigger a global shock since the country was not saddled with huge external debt. “We don’t expect China’s property… Read More ›
In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
According to the results of a survey of chief finance officers, large businesses in Britain are surging ahead with post-lockdown investment plans. In a statement audit firm Deloitte said, its poll found CFOs were planning to increase investment, as well… Read More ›
In a report, Agence France-Presse said, French prosecutors have started a preliminary investigation into suspected money laundering operations by the governor of Lebanon’s central bank. Riad Salameh has come under investigation for conspiracy and organised money-laundering, said the report citing… Read More ›
On Friday, Britain’s central bank, the Bank of England, took steps to keep inter-bank lending rates steady through 2021 as Britain negotiates its trade relationship with the European Union. In a statement, Bank of England Governor Andrew Bailey said, Britain… Read More ›
According to official economic data, Indonesia, Southeast Asia’s biggest economy, has fallen into a recession during the third quarter, for the first time in more than two decades following the coronavirus ravaging its business activity. According to statistical data, Indonesia’s… Read More ›
According to a monthly gauge of housing prices in the UK from the Royal Institution of Chartered Surveyors (RICS), Britain witnessed a post-lockdown surge in the housing market in August, with house prices hitting their four-year high Tired of coronavirus-induced… Read More ›
On Wednesday, Bank of England’s Governor Mark Carney disclosed, the central bank was coordinating with Britain’s finance minister to ensure that the surprise cut in interest rates as well as other measures that were announced today had their maximum intended… Read More ›
On Tuesday, Turkmenistan stated, it will be importing equipment and materials worth $1.5 billion to build a new city from scratch. The project in the gas-rich Central Asian country is overseen by its President, Kurbanguly Berdymukhamedov’s son. The move is… Read More ›
On Tuesday, Thailand’s Tourism Authority stated, it expects tourists from China to fall in the range 2 million to 9 million due to the coronavirus outbreak in that country. Around 11 million Chinese tourists, Thailand’s biggest source of visitors, visited… Read More ›
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