Law firm expects investor interest in Turkey
News from Emerging Markets
Moody's investors Service has lowered its underlying credit rating of Abu Dhabi National Energy Company (Taqa), because of its weakening financial position. The agency said it maintains a credit rating of A3 on Taqa, but only because of the implied backing of the Abu Dhabi government, which owns a majority stake.
The Turkish private sector's foreign debt rose by $12.5 billion in year-on-year terms to $277.4 billion since March 2014, the Turkish Treasury reported on Tuesday. Private sector foreign debt constituted 71 percent of total foreign debt, the report said.
The China Post Staff TAIPEI, Taiwan -- From a macro point of view, current cross-strait relations are at their best in 60 years, said Straits Exchange Foundation (SEF) Chairman Lin Join-sane yesterday. Taiwan has a strong development of small- and medium-sized enterprises (SMEs) with good achievements and experiences.
China's top economic planner announced campaigns to accelerate development of the country's urban rail networks and logistics services on Tuesday.
Section: General News - Mongolian Ambassador to Vietnam D.Enkhbat said he is pleased with regular high-level visits and exchanges by Vietnamese and Mongolia leaders at a press meeting in Hanoi on June 24.
According to Ha Noi Statistics Office, the city's Index of Industrial Production (IIP) in June increases 7.3% compared to the same period last year. Over the first half of 2015, Ha Noi's IPP reaches a year-on-year increase of 6.8%, of which manufacturing and processing industry goes up by 7% and power manufacturing and distribution by 11.1%.