Sharjah starts marketing 30-year bonds

Sharjah starts marketing 30-year bonds

Sharjah starts marketing 30-year bonds

Sharjah starts marketing 30-year bonds

Sharjah starts marketing 30-year bonds

Formosa bonds are sold in Taiwan by foreign borrowers. (File/AFP)

Short Url

Sharjah starts marketing 30-year bonds

Formosa bonds are denominated in currencies other than the Taiwanese dollar

Updated 14 July 2020

Follow @arabnews

DUBAI: The government of Sharjah, the third largest of the United Arab Emirates, started marketing US dollar-denominated 30-year Formosa bonds on Tuesday at about 4.375%, a document showed.

Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar.

UK to purge Huawei from 5G by 2027, angering China and pleasing Trump

UK to purge Huawei from 5G by 2027

No new 5G components to be bought from end of 2020

Updated 14 July 2020

Reuters

July 14, 2020 11:59

LONDON: Prime Minister Boris Johnson ordered Huawei equipment to be purged completely from Britain's 5G network by 2027, risking the ire of China by signalling that the world's biggest telecoms equipment maker is no longer welcome in the West.

The seven-year lag will please British telecoms operators such as BT, Vodafone and Three, which had feared they would be forced to spend billions of pounds to rip out Huawei equipment much faster. But it will delay the roll out of 5G.

The