Showing 1-10 of 13 results
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Markets rise as deaths slow in hotspots: Virus update
Published on 06/04/2020
» Germany and Spain reported lower numbers of new cases, a tentative sign that lockdown measures are easing the outbreak.
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Korea adds 505 cases, deaths top 2,800: Virus update
Published on 27/02/2020
» Saudi Arabia halted religious visits that draw millions to cities including Mecca and Medina, while Japan asked for all schools to shut from March 2. More new cases were reported outside China than within the country for the first time, highlighting the spread of the epidemic.
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Singapore economy falls in Q2
Published on 14/07/2015
» Singapore’s economy contracted more than analysts predicted last quarter, underscoring the weakening outlook for Asian nations amid sluggish global growth.
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China to start cross-border payment system
Published on 11/06/2015
» China will start a cross-border payment system for the yuan by the end of the year as it seeks to promote its global use.
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China rejects Taiwan as AIIB founding member
Published on 13/04/2015
» BEIJING/TAIPEI — Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB) but is still welcome to become an ordinary member in the future, the Chinese government said on Monday.
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AIIB to complement existing institutions: China
Published on 22/03/2015
» BEIJING - China's finance minister said a proposed Chinese-led Asian regional bank that has raised concerns in Washington will complement rather than compete with established international lenders such as the World Bank, state media reported Saturday.
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Myanmar defends lacklustre bond sale
Published on 05/02/2015
» YANGON — Myanmar's Central Bank on Thursday defended its first sale of government debt under the reformist regime as "successful", despite selling less than half of the US$50 million offering, as it looks to finance rising state spending.
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Philippines wins Moody’s upgrade
Bloomberg News, Published on 11/12/2014
» The Philippines won a second rating upgrade from Moody’s Investors Service in just over a year, even as the central bank highlighted growth risks in refraining from raising interest rates on Thursday.
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Cyprus rejects savings seizure
AFP, Published on 20/03/2013
» NICOSIA - Angry MPs on Tuesday unanimously rejected a divisive levy on bank accounts as part of a bailout aimed at saving Cyprus from bankruptcy, decrying as "blackmail" the EU-IMF deal that now lies in tatters.
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Myanmar clears $1bn in overdue debt
Bloomberg News, Published on 28/01/2013
» Myanmar cleared about US$1 billion in overdue debt with the Asian Development Bank (ADB) and World Bank using a bridge loan from Japan, opening the door for increased lending as the country seeks to overhaul its infrastructure.
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