Bruised by months of street protests and calls to resign, Hong Kong’s pro-Beijing leader Carrie Lam came to Davos with a tricky pitch to sell – that the Chinese territory is still a safe destination for investment and she is not going anywhere.
Deutsche Bank AG and a Singapore-based hedge fund bought more debt of an embattled Indian shadow lender, highlighting the growing foreign interest in the discounted assets of the financier at the centre of a credit crisis.
The draft of Pakistan Textile Policy for 2020-25 with four tier strategy and 21 recommendations is all set to be pitched any time before the ECC (Economic Co-ordination Committee) for approval.
Europe’s main stock markets ended the week in positive territory yesterday after Asian indices halted their slide, with investor nervousness easing over the rapid spread of a viral illness in China.
Deutsche Bank AG nominated former German Foreign Minister and Vice-Chancellor Sigmar Gabriel to the supervisory board, adding a top career politician as it seeks to improve relations with investors and the government following a long decline in the stock.
European Central Bank President Christine Lagarde warned investors not to assume that current monetary policy is locked in for the foreseeable future just because officials are focused on reviewing their strategy.
The Qatar Stock Exchange, which surpassed 10,700 levels on the opening day, however, could not sustain its momentum in the later sessions, thus overall settling lower this week.
Qatar's office market segment is "battling" ways to sustain occupancies and monthly rentals, according to Al Asmakh Real Estate research.
HE the Minister of Finance Ali Sherif al-Emadi met with top officials of several financial and governmental institutions, and international banks on the sidelines of the World Economic Forum 2020 in Davos, Switzerland.
When British yachtswoman Ellen MacArthur was promoting the idea of the circular economy on the sidelines of Davos in 2012, the big attraction was curiosity about what she was up to after her sailing career.
After a dismal two years, things are looking up for Turkey’s banks.The nation’s six largest lenders will report their first quarterly profit gains after three straight quarters of declines, according to the median estimate of 15 analysts in a Bloomberg survey.