NATION

Belt and Road initiatives in Asian countries – The rail connection

Image: Pan Asia High Speed Rail – Kunming-Singapore courtesy Wikipedia Part 1 By Charles F. Moreira, Editor Whilst Malaysia’s continued participation in China’s One Belt, One Road (Belt & Road) initiative remains in doubt under Malaysia’s recently elected Pakatan Harapan government, our neighbours to the north – Thailand and Laos continue to participate in Belt […]

INDIA

India poised to infuse $2 Billion into state-run banks

India will inject at least 135 billion rupees ($2 billion) into state-controlled banks this month, as it seeks to shore up capital buffers and help the lenders meet coupon payments on their bonds, people familiar with the matter said. Read the full story at https://www.bloomberg.com/news/articles/2018-07-18/india-is-said-poised-to-infuse-2-billion-into-state-run-banks SOURCE: Bloomberg (0)

CORPORATE

Crypto bounty hunting is becoming a high-tech way out of poverty

Platforms such as BountyOx provide opportunities for people in third world economies to delve into the world of digital “bounty hunting,” where they are paid in cryptocurrency. Read the full story at https://www.coindesk.com/crypto-bounty-hunting-is-offering-a-way-out-of-poverty/ SOURCE:Coindesk (3)

CHINA

Temasek bullish on Chinese economy’s long-term development

China’s efforts to deleverage and rebalance the economy and to open up the financial sector will help its economy achieve sustainable development in the long run, according to Wu Yibing, Temasek’s head of China, in an interview. Read the full story at http://www.xinhuanet.com/english/2018-07/11/c_137317410.htm SOURCE: Xinhuanet (2)

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