G20 countries – which account for 85% of global GDP and 80% of CO2 emissions – should adopt a combination of pro-growth and pro-environment policies in developing their overall growth and development strategies.
With global assets of currently more than $2.4tn and a forecast of 7.7% compounded growth per year to reach $3.8tn by 2023, Islamic finance is becoming “a force to be reckoned with,” the newly released State of the Global Islamic Economy Report 2019/20,
Lebanese banks planning to reopen soon will act together for the first time to take emergency measures on the movement of capital amid continuing political turmoil.
A battle for the Madrid stock exchange erupted as Switzerland’s SIX Group AG announced a €2.8bn ($3.1bn) takeover bid, minutes after Euronext NV confirmed its own interest.
Asian markets were mixed yesterday on broad optimism that China and the United States are close to a mini trade deal, while Hong Kong rallied after last week’s hefty losses but investors remain on edge over violent protests that have wracked the city.
China lowered the cost it charges on short-term open-market operations for the first time since October 2015, a move aimed at shoring up confidence following a string of poor economic data.
Soon after taking over as India’s central bank governor almost a year ago, Shaktikanta Das decorated his 18th floor office overlooking the Arabian Sea.
Asian emerging-market currencies are cheap and an imminent US-China trade deal means this is a good time to buy them, according to Pacific Investment Management Co.
Top negotiators from China and the US talked again this weekend, after signs of concessions from both sides on some of the outstanding issues.