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Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren

Global Finance

in the first half of 2024, mainly driven by high growth in the mining and transportation sectors as well as in the service sector, despite the sharp decline in the agriculture sector. The post Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren appeared first on Global Finance Magazine.

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Africa’s Chinese Trade Tie-Up

Global Finance

But overlending—and US initiatives to extend its security and investment footprint—are challenging its position. Angola now owes China approximately $20 billion, mostly on energy and transportation projects. China continues to dominate trade with the continent. billion, up 1.5% Ethiopia’s debt to China stands at around $13.5

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Not business as usual: How COVID-19 reshaped the narrative for Malaysia Aviation Group

Future CFO

Finding its feet While the global lockdown was in effect, Malaysia Airlines’ planes helped transport stranded citizens from all over the world on rescue and repatriation missions. MASkargo, part of MAG, transported medical equipment and disaster relief supplies to impacted regions. And it had to act swiftly.

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Uber Brings $150M To SK Telecom Mobility Platform, Joint Venture In Korea

PYMNTS

In addition, the Unit provides other mobility services such as T Map Auto, T Map Public Transportation and T Map Parking, all of which will be continued by T Map Mobility.”. Uber is expected to invest $50 million in the operation, according to the news release.

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Hong Kong's export index fell in Q3

Future CFO

Business confidence in Hong Kong's exports for the near term has been undermined by continuing uncertainties over the pandemic and surging transportation costs, HKTDC Director of Research Nicholas Kwan noted. Hong Kong’s export index in Q3 fell 9.7 points back to its first-quarter level of 39.0, This category accounted for 24.6%

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Argentina: Breathing Space?

Global Finance

President Javier Milei’s currency moves give markets room for planning, but his ambitious economic restructuring faces roadblocks. It also dampens foreign and corporate appetite for investments. For the better part of 30 years, Argentina has been making economic headlines for the wrong reasons.

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Uber Looks To Sell Some Shares In China’s Didi Chuxing

PYMNTS

wants to shed part of its minority stake in Didi Chuxing , the Beijing vehicle-for-hire company that calls itself the world’s leading mobile transportation platform. billion, which included $131 million in stock-based compensation expense and $382 million in restructuring and related charges. Uber Technologies Inc. Net losses were $1.8