Updates

Agencies Adopt Final Rule on the Orderly Liquidation of Covered Broker-Dealers under Title II of the Dodd-Frank Act

July 24, 2020/US SEC The Securities and Exchange Commission and the Federal Deposit Insurance Corporation have adopted a final rule required by the Dodd-Frank Act clarifying and implementing provisions relating to the orderly liquidation of certain brokers or dealers (covered broker-dealers) in the event the FDIC is appointed receiver under Title […]

Six Charts on Myanmar’s Economy in the Time of COVID-19

IMF COUNTRY FOCUS By Jayendu De and Sanaa Nadeem, IMF Asia and Pacific Department July 7, 2020/IMF A frontier economy, Myanmar experienced rapid growth as it opened up in the 2000s, with GDP growth rates among the highest in Asia. However, growth had already been slowing when the coronavirus shock […]

NSE Records Highest Weekly Gain in Seven Weeks, ASI Advances +0.6%

July 24, 2020/Cordros Weekly Sentiments remained weak in the domestic market amidst rising COVID-19 cases in the country as well as persisting FX illiquidity. However, a one-off gain on Thursday, driven by a surge DANGCEM (+6.5%), led the domestic bourse to its largest weekly gain in seven weeks. Global economy […]