Most Asian stocks rose yesterday – continuing this month’s vaccine-fuelled markets rally – but traders moved cautiously, with an eye on virus infections across the globe that are forcing governments to impose containment measures.
India’s stock benchmark rose, following a volatile morning, after the central bank governor said the recovery in Asia’s third-largest economy has been stronger than expected.
Bank of Korea governor Lee Ju-yeol said the economy will likely shrink less than expected this year despite the worsening pandemic, though he issued a warning over rapid won gains that could undermine the pace of recovery.
Global aviation heavyweights led by airline body IATA are pushing to suspend airport slot access rules until October 2021, they said yesterday, but will give some ground to budget carriers angered by measures they deem anti-competitive.
The World Federation of Engineering Organisation (WFEO-CIC) recently conducted a technical webinar on “Satellite Applications in the Post-pandemic World” in association with The Institution of Engineers (India) Qatar Chapter and OUC JM Liverpool University.
Qatar may attract foreign direct investments (FDIs) through public–private partnership (PPP) initiatives in order to meet the increasing demand of healthcare services and share the financial burden on State finances, Alpen Capital has said in a report.
Doha’s excellent handling of the Covid-19 pandemic has made the business ecosystem further lucrative with new avenues of investments opening up for investors, according to the top official of the Qatar Financial Centre (QFC).
Stockpiling stepping up with 5 weeks to go; cost to move goods into UK is rising; customs officials report huge demand
Global credit rating agency Moody’s has reconfirmed the long-term deposit rating of Qatar Islamic Bank (QIB) at ‘A1’, with a “stable” outlook.
Qatar Chamber general manager Saleh bin Hamad al-Sharqi has underscored Qatar-Turkey ties, saying both the countries are associated with fast-growing co-operation relations in all fields, especially in commercial and economic aspects.