Beijing, China--China maintained a basic balance in its international payments last year, with its current account surplus amounting to US$264.2 billion, the country's foreign exchange regulator said on Sunday. According to China Central Television, the State Administration of Foreign Exchange (SAFE) disclosed that the ratio of the current account surplus...
Meeza to list on QSE
Its shares will begin trading on the bourse later this month.
EU privacy watchdog sets up ChatGPT task force
The European Union's central data regulator said it was forming a task force to help countries deal with AI chatbot ChatGPT, ramping up the pressure on its US maker OpenAI. Italy temporarily banned the program over allegations its data-gathering broke privacy laws, and France's regulator said it had opened a...
Qatar opens new derivatives market, investors can trade options, futures
Doha, Qatar--Qatar's bourse intends to open a new derivatives market that will allow investors to trade options and futures on local stocks and its equity index, the country's financial regulator said on Monday. The Qatar Financial Centre Regulatory Authority (QFCRA) issued a new regulatory framework for listed derivatives after a...China’s foreign exchange reserves swell to US$3.127trn
Beijing, China--China's foreign exchange reserves rose to US$3.1277 trillion at the end of December 2022, up 0.33 percent from a month earlier, data from the State Administration of Foreign Exchange showed Saturday. The foreign exchange regulator attributed the increase in foreign exchange reserves to the combined impact of currency translation...‘Nord Stream 2 pipeline has stopped leaking gas’
The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between the gas and water pressure, a spokesman said. "The water pressure has more or less closed the pipeline so that the gas which is inside can't go out," Nord Stream...
India Paytm shares crash on news of regulatory ban, CEO arrest
Paytm shares nosedived 13 percent Monday after Indian regulators banned the beleaguered payments platform from enrolling new customers and reports its founder was arrested for crashing into a police car.
High electricity bills in Jordan due to rise in winter consumption: Regulator
Jordan’s Energy and Minerals Regulatory Commission ascribed any rise in the electricity bill to high demand during this winter when the electricity load was at 4,010 megawatts.
Emaar Properties and Emaar Malls get nod for merger
The proposed merger of Emaar Properties and Emaar Malls received a boost when the capital market regulator, Securities & Commodities Authority, gave the go-ahead for the merger of the two companies.
Saudi food company Tanmiah gets nod from regulator for share sale
Tanmiah Food Company has won approval from CMA to sell 30 percent of company shares The food company employs 1500 people and is a major supplier of chicken products The Capital Market Authority (CMA) has given the go-ahead to Tanmiah Food Company for the listing of 30 percent of...
