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Day: November 12, 2020

Nov 12
Asian stocks pare gains amid caution about bets on coronavirus vaccine

Asian stocks pared their gains in choppy trade on Thursday as investors awaited further details on whether drugmakers can develop a coronavirus vaccine. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) rose 0.06% to 609.41, which is near its January 2018 high of 617.12. Chinese shares (CSI300) erased early gains and fell […]

Nov 12
Lebanon to launch a digital currency next year

Lebanon plans to introduce a digital currency next year to restore confidence in the banking sector and transition into a cashless system, GovernorRiad Salameh said. Central bank governor Riad Salameh told a gathering of officials Monday that “We must prepare a Lebanese digital currency project” as a way to shore up confidence in the banking system.   […]

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