Finance
Saudi Sovereign-Wealth Fund on a Stakes Buying Spree
Saudi Arabia’s $300 billion sovereign-wealth fund has turned out to be one of the largest bargain hunters, buying...
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Japan’s Economy Nosedives into Recession Amid Covid-19
Japan’s economy grapples with a corona-virus induced shock as the nation with the world’s third largest economy shrinks...
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Saudi’s Finance Ministry issues $1.53bn in Sukuk
Saudi Arabia’s Ministry of Finance has raised 5.755 billion riyals ($1.53 billion) in sukuk, as part of the monthly...
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Axiata group completed $800 million Islamic Financing
In a statement on Monday, Malaysia’s Axiata’s Group Bhd AXIA.KL declared of having secured a sum...
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Vietnam targets on post Covid-19 business
With proclaimed success of containing coronavirus in Vietnam, the nation is back on its feet and planning...
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Saudi Arabian Monetary Agency issues licenses to support finance sector
The Saudi Arabian Monetary Agency (SAMA) was issued on Tuesday to regulate licensing rules for activities...
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China’s GDP falls 6.8% – And the fall is getting steeper
China’s economy gets a major blow as the nation reported a 6.8% contraction in January-March year-over-year in...
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JP Morgan CEO sees “A Bad Recession” looming over the U.S.
JP Morgan Chase and Co. Chief Executive James Dimon predicts a bad recession in the U.S....
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China trims $56 billion to shore up the economy
Amidst the Covid-19 pandemic, as governments scramble to save economics, People’s Bank of China frees up $56 billion (400...
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Soaring Chinese Debts Could Impede African Economy
In a recent report by the non-profit organization National Resource Governance Institute (NRGI), Africa owes more than $164 billion to China,...
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