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Indonesia has formed a task force that includes law enforcement officials to go after nearly US$8 billion of unrepaid state funds handed out to bank owners during the Asian financial crisis in the late 1990s, ministers have announced.
China’s top-three tech firms Tencent Holdings Ltd., Alibaba Group Holding Ltd. and Meituan have lost more than $400 billion in value from highs just four months ago.
CAIRO (Reuters) -Prime Minister-Designate Saad al-Hariri asked the Lebanese government on Saturday to pay its dues to the Special Tribunal for Lebanon and for the international community to shoulder its responsibility.
BANKS have too much cash on their hands – and they’re running out of places to put it.
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Friday (June 4)
BEIRUT (Reuters) -Lebanon's caretaker prime minister, Hassan Diab, asked the U.N. secretary general in a letter on Friday to urgently explore ways of financing the Special Tribunal for Lebanon (STL) in light of funding difficulties.
Indonesia has formed a task force that includes law enforcement officials to go after nearly $8 billion (RM33bil) of unrepaid state funds handed out to bank owners during the Asian financial crisis in the late 1990s, ministers said on Friday.
BEIRUT (Reuters) - Lebanon is "in the heart of great danger", and needs friendly countries to save it, the caretaker prime minister, Hassan Diab, said on Wednesday.
MILLIONS across Asia have lost their jobs since the Covid-19 pandemic broke out early last year. One year on, the uneven and weary path to economic recovery continues to cast a shadow on the prospects of the labour market.
STOCKHOLM: Sweden is about to test investor appetite for its longest ever bond, in a sale that promises to reveal just how anxious investors are about the threat of inflation and higher interest rates.