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JAKARTA: Indonesia's MDI Ventures has closed a new $500-million fund designed to invest in startups that can partner with state-owned firms, the venture arm of state-backed telecoms firm Telkom said on Tuesday.
(Reuters) - Democrat Joe Biden will review a decision by Republican President Donald Trump to withdraw thousands of troops from Germany if he is elected president, a top aide to the candidate told Reuters.
In its editorial, the Inquirer says that a prudent fiscal programme is necessary to protect the country's credit-worthiness.
BEIJING (Xinhua): The profits of China's state-owned enterprises (SOEs) recovered in May as economic activities gradually normalised, official data showed Monday (June 29).
KHARTOUM (Reuters) - Sudan's finance ministry said on Sunday it would take control over all state firms, including ones owned by the security forces, as it works to straighten out the country's faltering economy and open it up to foreign financing.
MOSCOW (Reuters) - The Kremlin has asked some Russian companies to mount internal information campaigns to boost turnout in a nationwide vote on constitutional reforms that could allow President Vladimir Putin to keep power until 2036, documents seen by Reuters show.
China warns US it will retaliate on moves over Hong Kong; asks state firms to halt purchases of US soybeans and pork
BEIJING (Reuters): China said on Monday (June 1) US attempts to harm Chinese interests will be met with firm countermeasures, criticising a US decision to begin ending special treatment for Hong Kong as well as actions against Chinese students and companies.
SINGAPORE/SHANGHAI: Chinese financial investors betting on a rebound in oil prices are filling commercial storage tanks held by the Shanghai futures exchange just as fast as the exchange can find them.
Govt to provide cash compensation, working capital investments
JAKARTA: Indonesia is planning an US$8.6 billion bailout for 12 state-owned firms, to reduce the impact of the coronavirus pandemic, mostly as cash compensation and working capital investments, according to government documents reviewed by Reuters.