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ALGIERS (Reuters) - Algeria's new president faces the country's biggest political crisis in decades, a hostile economic climate and attacks on his legitimacy after winning an election with low turnout opposed by a massive protest movement.
JAKARTA: Forest fires that ravaged parts of Indonesia this year cost the country 5.2 billion dollars, the World Bank said in a report released on Friday (Dec 13).
KUALA LUMPUR: The Employees Provident Fund (EPF) reported a total investment income of RM13.50bil in the third quarter ended Sept 30,2019, where nearly half of the income was from equities.
Facing the complicated situation of mounting risks and challenges at home and abroad in 2019, China has maintained sustained and sound economic and social development and made key breakthroughs in the "three tough battles, " seeing notable progress in targeted poverty reduction, effective prevention and control of financial risks, and general improvement in the environment
HONG KONG: Christmas came early to Asian markets on Friday (Dec 13) as equities and the pound surged on reports China and the US had reached a trade agreement and exit polls predicted a landslide election win for British Prime Minister Boris Johnson that will allow him to push through Brexit.
LONDON: The pound soared after Prime Minister Boris Johnson’s Conservative Party won a majority in the U.K.’s general election, raising hopes that an end to the Brexit deadlock will unlock pent-up investment flows.
BEIJING (ANN): China is attracting an unprecedented number of foreign students on the back of its rising influence and globalisation, putting the country in a distinct position of being not just the world's top "supplier" of international students but also a leading educational draw, according to latest analyses.