Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country’s central bank to make way for further falls against the dollar when it announced the yuan’s trading band midpoint on Tuesday. The fact that it did not speaks volumes about Beijing’s strategic approach to the ongoing trade war — most of it good.
The global lender made around Tk 1,100 crore profit last year
She acknowledged the Chinese state footprint was unlikely to shrink much in the near term
Oil also staged a comeback after tanking on news of an output hike by key producers
The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their returns.
Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifying the tourism hotspot into a “financial freezone”, the government said Monday.
He still lives in the same house in a quiet neighborhood of Omaha that he bought in 1958 for $31,500.
Foreign exchange traders just had their wings clipped by the People’s Bank of China. In the wake of a sharp rally for Asian currencies, they were expecting the country’s central bank to make way for further falls against the dollar when it announced the yuan’s trading band midpoint on Tuesday. The fact that it did not speaks volumes about Beijing’s strategic approach to the ongoing trade war — most of it good.
The global lender made around Tk 1,100 crore profit last year
She acknowledged the Chinese state footprint was unlikely to shrink much in the near term
Oil also staged a comeback after tanking on news of an output hike by key producers
The structural issue had become a significant point of contention for the artificial intelligence (AI) pioneer, with major investors pushing for the change to better secure their returns.
Cash-strapped Maldives has signed a deal with a Dubai-based company to establish an $8.8 billion investment zone aimed at diversifying the tourism hotspot into a “financial freezone”, the government said Monday.
He still lives in the same house in a quiet neighborhood of Omaha that he bought in 1958 for $31,500.
Three residential and office towers, a convention centre and hotels will form part of the Maldives International Financial Centre (MIFC), President Mohamed Muizzu's office said in a statement.
The output increase of 411,000 barrels a day announced by Saudi Arabia, Russia and six other members of the oil cartel on Saturday added to concerns about over-supply.
