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BEIRUT (Reuters) - The Association of Banks in Lebanon agreed a set of temporary directives for commercial banks including a $1,000 cap on weekly withdrawals from U.S. dollar accounts, the association said on Sunday, amid a worsening economic and political crisis.
BEIRUT (Reuters) - Protesters waving Lebanese flags rallied in cities and towns in their thousands on Sunday to mark a month of protests against the ruling elite as politicians struggled to form a government and solve the worst economic crisis since the 1975-90 civil war.
KUALA LUMPUR: Moody's Investors Service has a negative outlook for sovereign creditworthiness in 2020 due to worrying geopolitical environment, rising risks of shocks.
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.
KUALA LUMPUR: The reaffirmation of Malaysia’s sovereign credit ratings by international ratings agencies is proof that Pakatan Harapan (PH) is capable of administering the country, despite the financial constraints inherited from the previous government.
KUALA LUMPUR: The balance of risks for Asia Pacific sovereign credit profiles has shifted towards weaker global growth and away from global financial conditions, Fitch Ratings says.
GUATEMALA CITY (Reuters) - In late August, U.N. officials, judges and civil society leaders met in Guatemala to say farewell to a U.N. commission that fought political corruption before its mandate was terminated by President Jimmy Morales.
KUALA LUMPUR (Bernama): Malaysia's second quarter 2019 gross domestic product (GDP) growth continues to highlight the country's resilience amid the challenging global environment.
BUENOS AIRES (Reuters) - Argentine President Mauricio Macri vowed on Monday to win a second term despite a surprisingly strong performance by the opposition in the primary election that set off a shockwave through markets, crashing the peso currency and sending stocks and bonds tumbling.
PETALING JAYA: Against a backdrop of recessionary risk looming in Asia, the declining private investment scene in Malaysia is stoking concerns and economists believe it needs urgent address.