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BEIRUT (Reuters) - Lebanese student Fatima Jaber's family is struggling to pay off multiple loans with double-digit interest rates.
BEIRUT (Reuters) - Lebanon's banks are worried that a central bank deadline for compulsory capital increases is too tight as they grapple with the fallout from weeks of anti-government protests, banking sources familiar with the matter said.
DUBAI/ SINGAPORE/ SAO PAULO: If signs of a recovery in industrial activity are the next piece of evidence needed to confirm the recent rally in emerging markets is more than a passing phase, then the next five days could prove to be pivotal.
Facebook Inc.’s idea of a global cryptocurrency may get demoted to something more humble. You can almost hear a collective sigh of relief from Asian central banks.
OTTAWA (Reuters) - A chastened Canadian Prime Minister Justin Trudeau, whose grip on power was weakened after an election this week, said on Wednesday he would reach out to his opponents but ruled out any kind of coalition government.
WASHINGTON: The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.
LONDON: Saudi Aramco’s stop-start initial public offering was delayed again just days before a planned launch as doubts re-emerged about the $2 trillion valuation placed on the state oil giant by Crown Prince Mohammed bin Salman.
KUALA LUMPUR: Malaysia’s well-diversified export base will help the economy maintain a relatively strong growth despite global trade tensions, Fitch Ratings says.
KUALA LUMPUR: Fund buying of key stocks Petronas Gas, IOI Corp, Hong Leong Bank and Digi underpinned the FBM KLCI advance on Wednesday, in line with the firmer key Asian markets despite worrries about the volatile US-China ties.
KUALA LUMPUR: Malaysia's well-diversified export base will help the economy maintain a relatively strong growth despite global trade tensions, Fitch Ratings says.