Lebanon is seeking to protect more of its economy from the dramatic depreciation in the local currency, fixing a subsidised exchange rate for imported food after deeming a wholesale abandonment of the decades-old peg too costly for now.
China has started tracking down some of its citizens living abroad to collect taxes, surprising expatriates who never had to pay levies back home on overseas income, according to people familiar with the matter.
Indian banks, which are already struggling with one of the world’s worst loan ratios, are set to face more pain as the coronavirus pandemic slams growth, the central bank’s chief warned, urging lenders to gird up their defenses.
Global banks risk being caught between Beijing-backed penalties and sanctions being debated in the US as Hong Kong’s autonomy becomes a volatile point of friction between the two superpowers.
South Korean President Moon Jae-in’s approval rating fell to its lowest level in four months, with many respondents blaming his government for not doing enough to rein in soaring real estate prices.
Investors will watch next week’s earnings from BlackRock, the world’s largest asset manager, for a snapshot of how the industry performed during the second quarter’s dramatic rebound in global financial markets.
Qatar’s “strong” fiscal stimulus package to support the non-oil private sector should cushion the country’s economic downturn, FocusEconomics said even as the researcher expects a growth of 3.4% in 2021.
Commercial Bank is joining hands with Euromoney Livestream to present "Qatar: Navigating the New Normal", a first-of-its-kind, online Euromoney Livestream on July 15
The Embassy of the United Republic of Tanzania is seeking to boost the country’s trade volume with Qatar by promoting investment opportunities being offered by the East African nation in various sectors
An official of the Philippine Business Council-Qatar (PBC-Q) has reiterated calls for companies to remain proactive and embrace digitalisation amid the operational challenges being imposed by the Covid-19 health crisis.
Banks in Qatar should have an initial three-pronged transition strategy as regulators across the globe strategise moving away from Libor (London Interbank Offered Rate) on which 25% of their financial products are linked, according to KPMG Qatar, a global consultant.