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Tag: Asia

Asian development bank to lend $1 billion to Kazakhstan

Banks
The Asian Development Bank has approved a $1-billion loan for Kazakhstan, Prime reports referring to the information received from the bank

Asian Development Bank makes its research on Asia and Pacific available under open access initiative

Banks
YEREVAN, February 16. / ARKA /. The Asian Development Bank (ADB) has made all its economic and development research on Asia and the Pacific available under “open access initiative”, a principle that promotes unrestricted online access to scholarly research so that it can be more widely distributed and used, the multilateral lender said Thursday

Jack Ma becomes richest person in Asia

Economy
Jack Ma, founder and executive chairman of China's Alibaba Group, has become the richest person in Asia, China.org.cn reports

Asia braces for big falls after fed minutes: Reuters

Capital market
Asian markets look set for a rough ride on Thursday after minutes from the Federal Reserve July policy meeting were taken as affirming the outlook for a near-term tapering in stimulus, sending Treasury yields to two-year highs

Asia stocks hit by fears about emerging markets: Marketwatch

Capital market
Asian stocks tumbled Tuesday as spreading worries that a reduction in the Federal Reserve’s bond purchases would hurt demand for emerging market assets slammed equities in both the region’s emerging and developed nations

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ACBA Bank to Invest $50 Million in MSME Development in Partnership with JICA (VIDEO)

ACBA Bank and the Japan International Cooperation Agency, JICA, are launching a partnership, as a result of which ACBA Bank will invest $50 million in the development of micro, small and medium-sized enterprises in Armenia.

Pashinyan: “banking secrecy is no longer a ‘sacred cow’ in democratic countries”

Armenian Prime Minister Nikol Pashinyan said today that banking secrecy cannot be inaccessible to the state.

Euro down 1.47 points to 412.25 drams

The average market exchange rate of the US dollar to the Armenian dram as of January 31, 2024, was 97.35 drams, down 0.57 points compared to January 30.

Armenian company buys Russian subsidiary of Goldman Sachs

Russian President Vladimir Putin has authorised the purchase of Goldman Sachs' unit in Russia by investment company Balchug Capital, a government decree published on Friday showed, Frank Media reports.

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