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Singapore's 3rd largest lender UOB suspends London property loans

Singapore's 3rd largest lender UOB suspends London property loans

June 30, 2016 - 11:13 AMT  07:13 GMT
The decision comes in response to uncertainty caused by the UK's decision to leave the EU, the bank said.
Japanese shares continue to gain amid Brexit turmoil

Japanese shares continue to gain amid Brexit turmoil

June 28, 2016 - 09:54 AMT  05:54 GMT
As investors remain on edge over the possible fallout from Brexit, they are flocking to the yen as a safe haven, driving the currency higher.
Japan shares recover ground after post-Brexit historic plunge

Japan shares recover ground after post-Brexit historic plunge

June 27, 2016 - 12:08 AMT  08:08 GMT
Traders have taken some confidence from a pledge by the Japanese government to stabilise the financial markets.
Armenia's new Electoral Code estimated at $16 mln

Armenia's new Electoral Code estimated at $16 mln

June 23, 2016 - 17:43 AMT  13:43 GMT
Sargsyan said fingerprints of some 1.5 million potential voters will have to be collected which requires a lot of work.
Armenia exports grow by 20.1% as economic activity index surges

Armenia exports grow by 20.1% as economic activity index surges

June 20, 2016 - 14:23 AMT  10:23 GMT
The country’s foreign trade turnover increased by 6.8% in January – May, compared with figures registered in the same period in 2015.
Tourism a key sector in Karabakh's development: President

Tourism a key sector in Karabakh's development: President

June 18, 2016 - 16:16 AMT  12:16 GMT
Bako Sahakyan said that tourism is one of the most important means of making Artsakh recognizable to the outer world.
Armenia-Iraq trade turnover grows by 30% each year: official

Armenia-Iraq trade turnover grows by 30% each year: official

June 18, 2016 - 12:04 AMT  08:04 GMT
“In 2015, trade turnover between the two countries amounted to $132 million, up from just $49 million in 2012,” Melkonyan said.
Armenia exported $1.5 mln-worth weapons to Congo

Armenia exported $1.5 mln-worth weapons to Congo

June 17, 2016 - 11:57 AMT  07:57 GMT
Although Armenia isn’t a major weapons producer and seller, it does export a certain amount of arms and ammunition.
Ukraine International Airlines to double flights to Armenia

Ukraine International Airlines to double flights to Armenia

June 16, 2016 - 14:24 AMT  10:24 GMT
Ukraine and Armenia recently agreed on a complete removal of restrictions on air communication between the two countries.
IMF allots $22 mln aid tranche to Armenia under three-year program

IMF allots $22 mln aid tranche to Armenia under three-year program

June 16, 2016 - 09:37 AMT  05:37 GMT
“The outlook remains challenging, but the risks to the program are manageable," the Deputy Managing Director and Acting Chair said.
HSBC Armenia awards Trade Finance Best Customers

HSBC Armenia awards Trade Finance Best Customers

June 15, 2016 - 18:30 AMT  14:30 GMT
HSBC CEO Thies Clemenz said the companies have played an enormous role in developing their sector of business in the country.
Armenia’s consumer price index down by 1.6%

Armenia’s consumer price index down by 1.6%

June 13, 2016 - 18:24 AMT  14:24 GMT
Food prices decreased by 4.8% while those for tobacco and alcohol declined by 0.6% in January-May against the same period in 2015.
Parliament approves Armenia’s 2015 budget report

Parliament approves Armenia’s 2015 budget report

June 13, 2016 - 14:07 AMT  10:07 GMT
Prior to the vote, the Head of the Armenian National Congress (ANC) party’s parliamentary faction proposed revising the 2016 draft budget.
Ameriabank places $20m debt securities via responsAbility

Ameriabank places $20m debt securities via responsAbility

June 13, 2016 - 13:51 AMT  09:51 GMT
The proceeds from security placement will be channeled into financing of renewable energy and energy efficiency projects in Armenia.
U.S. to help Armenia reduce economic dependence on Russia

U.S. to help Armenia reduce economic dependence on Russia

June 11, 2016 - 13:46 AMT  09:46 GMT
According to the White House’s draft budget proposal, the U.S. aid to Armenia will grow by 22% to amount to $22 million.
Fitch holds conference in Yerevan for first time

Fitch holds conference in Yerevan for first time

June 9, 2016 - 12:06 AMT  08:06 GMT
Dmitri Surkov said that in January 2016, Fitch Ratings affirmed Armenia's long-term foreign and local currency at B+ with a stable outlook.
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