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  • Amman Stock Exchange: Increase The Net Profit For The First Quarter Of 2021 For Listed Companies By 176.6% Compared To The Same Period For 2020

    Date 03/05/2021

    The Chief Executive Officer (CEO) of the Amman Stock Exchange (ASE), Mr. Mazen Wathaifi stated that 162 out of 174 listed companies provided ASE their financial reports for the first quarter of 2021, where the net profit after tax attributable to shareholders for the first quarter of 2021 for the listed companies has increased to JD293.8 million, compared to JD106.2 million for first quarter of 2020, an increase of 176.6

  • BNP Paribas Asset Management Appoints Head Of Fixed Income

    Date 03/05/2021

    BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Olivier de Larouzière as Chief Investment Officer for Global Fixed Income, as of 23 April 2021.  Olivier is based in Paris and reports to Rob Gambi, BNPP AM’s Global Head of Investments.

  • UK Failing To Commercialise Its Intellectual Property - GovGrant

    Date 03/05/2021

    • The UK is a global leader in research but is failing to commercialise its IP and risks being left behind in the post-COVID economic recovery 
    • Business investment in R&D (1.7% of GDP) falls short of OECD average (2.4%) 
    • Just 10 firms dominate one fifth (18%) of all UK-based patent applications 

  • Joint Statement Of The 24th ASEAN+3 Finance Ministers' And Central Bank Governors' Meeting

    Date 03/05/2021

    I. Introduction

    1.      The 24th ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM+3) was convened on 3 May 2021 under the co-chairmanship of H.E. Dato Ahmaddin Abdul Rahman, Deputy Minister of Finance and Economy (Fiscal) of Brunei Darussalam, H.E. Rokiah Badar, Managing Director of Autoriti Monetari Brunei Darussalam and H.E. Nam-Ki Hong, Deputy Prime Minister and Minister of Economy and Finance of the Republic of Korea, H.E. Juyeol Lee, Governor of the Bank of Korea. The meeting was held in virtual format under the extraordinary circumstances due to the COVID-19 pandemic. The President of the Asian Development Bank (ADB), the Director of the ASEAN+3 Macroeconomic Research Office (AMRO), the Secretary-General of ASEAN, and the Deputy Managing Director of the International Monetary Fund (IMF) were also present at our meeting.


  • CGS-CIMB And iSTOX Roll Out Digital Securities Issuance In S$150-Million Commercial Paper Programme - The CGS-CIMB Commercial Paper Is The First In A New Product Line By iSTOX - Commercial Papers Are A US$1-Trillion Market In The US And They Are Gaining Momentum In Asia

    Date 03/05/2021

    Leading financial services provider CGS-CIMB and private capital platform iSTOX announced today the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (or US$112-million) multi-tranche commercial paper will be used to fund operating expenses and near-term obligations of CGS-CIMB. The first tranche of S$10 million was over-subscribed by accredited individual and corporate investors on the iSTOX platform. Investors were offered a 1% per annum interest rate over 3 months. The full S$150-million programme is being carried out using digital securities, with no traditional issuance happening alongside the digital channel.