Jakarta / AFP A Chinese envoy called on Indonesia on Monday to release eight crew …
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Did China just break its ‘diplomatic truce’ with Taiwan?
The Gambia, formerly one of a handful of countries that recognized Taiwan, has officially resumed …
Read More »Companies should experiment with minimum pay raises
Recently, McDonald’s decided to raise wages for many of its hourly restaurant workers. The rise …
Read More »Emirates Securities Market down by -0.03 percent
ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.03% to close at …
Read More »Global market volatility falls to two-month low; Pound declines
BLOOMBERG Volatility across global financial markets is at a two-month low as signs central banks …
Read More »Saudi Arabia wants foreign banks to disclose finances
Bloomberg Saudi Arabia is telling international banks to publicly disclose financial statements for the first …
Read More »Egypt to weigh tighter regulations on currency bureaus
Bloomberg Egypt’s central bank is weighing tougher regulations on foreign-exchange dealers, part of a broader …
Read More »Philippines to hold guilty banks accountable for cyber money heist
BLOOMBERG The Philippines will hold accountable any bank or banker found responsible or remiss in …
Read More »Deposits at ECB go in excess of required reserves
Bloomberg The European Central Bank (ECB) began charging banks interest on deposits in June 2014 …
Read More »Bahrain’s Investcorp acquires US properties worth $220mn
Doha / Emirates Business Investcorp, a leading provider and manager of alternative investment products, announced …
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