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Move to get central bank to take charge amid crisis
PETALING JAYA: Development financial institutions (DFIs) should be assessed beyond financial performance, by looking at the deliverables of their mandated role.
SINGAPORE (Reuters) - Commodity trade financiers in Singapore are teaming up to improve lending practices and transparency after a spate of defaults, four sources with knowledge of the matter said.
HONG KONG: Hong Kong stocks posted strong gains on Thursday, with the index tracking mainland stocks having its best day in more than three months, after a security law went into effect in the city this week.
KUALA LUMPUR: Bursa Malaysia ended higher on Thursday, continuing fourth consecutive days of gains, tracking the upbeat momentum of key regional markets.
SHANGHAI: China stocks rallied on Thursday, with the blue-chip index closing at its highest in two-and-a-half years, boosted by Beijing's decision to spend more to prop up the economy.
BEIJING (China Daily/ANN): China is ready to roll out policies to advance the reform and opening-up of National High-Tech Industrial Development Zones to boost high-quality development, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday (July 1).
SHANGHAI: China stocks rallied on Thursday, with the blue chip index hitting a near a two-and-half-year high, boosted by more government spending to prop up the economy.