Chances are high China’s government will meet or exceed its relatively modest economic growth target for this year, a former central bank official said, with a more stable property market helping to underpin the recovery.
Pakistan authorities moved to arrest opposition leader Imran Khan for not showing up to a court hearing and banned him from television, raising political tensions as the country struggles to shore up its finances and avoid default.
Presight AI Holding Plc, a data analytics firm owned by Abu Dhabi’s G42, plans to raise $495 million from an initial public offering, becoming the second company from the United Arab Emirates’ capital to tap the capital markets this year.
China will take forceful measures to support the development of high-end manufacturing, President Xi Jinping said in first comments at the closely watched National People’s Congress.
China’s modest growth target suggests authorities are comfortable with the current pace of recovery with the focus shifting to upgrading the quality of key industries, market watchers say.
Thousands of delegates have descended on China’s most important political gathering this week to vie for Beijing’s ear on a slew of unusual proposals, ranging from reinventing the weekend to offering free education as an incentive for parents to have more children.
Move over, Goldman Sachs Group Inc. Germany’s savings banks are emulating the titans of Wall Street to become an unconventional source of funding for private equity deals.
The village of Sodwana Bay in remote northeastern South Africa is renowned among scuba divers and deep-sea fishermen for its sharks, rays, marlin and seahorses. Lately it’s been getting a reputation for expensive fries.
Saudi Arabia signaled it sees oil demand picking up in Asia and Europe by raising most prices for crude shipments to the regions.
More local government financing vehicles in China may seek debt reprieves including maturity extensions this year, after authorities issued clearer instructions on how to defuse one of the nation’s top financial risks.
