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After 6 Years of Its Inception, What's the Status of China’s Belt & Road Initiative?
December 12th, 2019 - 02:00 GMT

After 6 Years of Its Inception, What's the Status of China’s Belt & Road Initiative?

Over the past six years since its inception, China’s Belt and Road Initiative (BRI) has grown exponentially, starting with investment in infrastructure, but quickly expanding to include education, media, and tourism, a report said. Having provided the initial impetus through considerable investment from its foreign-currency reserves of more than $3 trillion, consensus is that the Chinese government is now reaching the limits what it is prepared to spend, making diversified ...
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Volkswagen continues to deal with the financial fallout of diesel emissions cheating.
October 31st, 2019 - 09:00 GMT

Volkswagen Posts Net Profits of €3.8 Billion for Q3 2019

The London-headquartered bank last month announced the shock exit of CEO John Flint after just 18 months in the hot seat but gave no reason for the decision.
October 7th, 2019 - 08:01 GMT

HSBC to Lay off up to 10,000 Employees

Germany’s economy is heavily dependent on exports
August 20th, 2019 - 01:00 GMT

Is Europe's Industrial Powerhouse Heading Towards a Recession?

Khalid Al-Hussan, Chief Executive Officer of the Saudi Stock Exchange (Tadawul), speaks during a news conference after the inclusion of MSCI EM to the Saudi Stock Market in Riyadh, Saudi Arabia June 21, 2018. (Arab News)
June 21st, 2018 - 11:23 GMT

Saudi Stock Exchange Cheers MSCI Emerging Market Upgrade

Rise in index has a lot of myriad causes. (Shutterstock)
May 28th, 2018 - 08:27 GMT

8 Causes Behind the US Dollar Index’ Surge

One thing is obvious: in today's technology-driven world, the best bets would be companies that are involved in the tech sector. (Pixabay)
April 24th, 2017 - 11:20 GMT

Channel Your Inner Warren Buffett and Invest in Tech Stocks

Asma al-Assad greets a Syrian woman, 21 March. (Syrian Presidency)
April 18th, 2017 - 10:00 GMT

British MPs call for Asma al-Assad to be stripped of her British citizenship

Saudi Arabia is tapping international and domestic markets to help finance a budget deficit that may reach $53 billion this year. (Shutterstock)
April 13th, 2017 - 05:00 GMT

Saudi Arabia to raise over $8B in first Islamic bond sale

Kuwait is expected to be the only Gulf state with a budget surplus this year. (File photo)
March 20th, 2017 - 11:35 GMT

Is Kuwait’s foreign bond sale enough to balance its budget?

Khalil did not reveal the size of the eurobonds which will be launched in 2017 or the yields on these bonds. (Shutterstock)
February 28th, 2017 - 07:00 GMT

Lebanon prepares to issue new eurobonds in 2017

The Iraqi government is seeking to lower its international borrowing costs after the country was badly hit by the slump in oil prices. (Shutterstock)
February 14th, 2017 - 08:00 GMT

Trade Bank of Iraq plans second $1B bond issue

Of total SWF assets around the world, $4.9 trillion comes from oil and gas. (File photo)
July 14th, 2016 - 10:14 GMT

The world's top ten biggest sovereign wealth funds

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