Money Talks

The United Nations has launched its biggest-ever aid appeal for a single country. It's asking for 5-billion dollars this year for Afghanistan to avert a humanitarian catastrophe, and offer the war-ravaged country a future after decades of suffering.

Torek Farhadi is a former adviser to the Afghan government and former economic adviser to the International Monetary Fund and World Bank. He joined us from Geneva.

#UNAid #Afganistan #Taliban

- US Fed's vice chairperson resigns over trading scandal

- China's Shimao denies asset sale reports, shares fall

- Take-Two agrees to buy 'FarmVille' maker Zynga for $12.7B

#FEDTradingScandal #Shimao #Zynga

- Turkiye's jobless rate unchanged at 11.2% in November

- China Life shares fall after Beijing probes chairman

- Reliance buys control of Mandarin Oriental hotel

#TurkiyeUnemployment #ChinaLife #MandarinOriental

Evergrande's bondholders are concluding a four-day meeting to decide whether the embattled property developer can shift forward the debt repayment date on one of its yuan-denominated bonds. The Chinese property giant, whose liabilities exceed $300 billion, is the world's most indebted developer. Meanwhile, shares in its rival Shimao have jumped 20%, on reports that it's selling all of its real estate projects, both residential and commercial. That's a turnaround from Friday when it's shares plunged almost 17%. The company defaulted on a loan after missing a $101 million payment.

Patrick Fok has been following the story, and has more from Beijing.

#Evergrande #Shimao #ChinaPropertyCrisis

Turkiye's dream of making its own cars is finally coming true. Auto manufacturer Togg presented its new sedan at the Consumer Electronics Show in Las Vegas. Muttalip Erdogan has more from the event.

For more on this, Jim Holder joined us from London. He's editorial director at Autocar and What Car?.

#TOGG #ElectricVehicles #CES2022

Turkish engineering firm Haritaevi is helping the Malaysian government modernise its aviation infrastructure. The company's working to optimise the layout of around 20 airports in the Southeast Asian nation, to ensure planes are able to take off and land safely. It comes as Malaysia tries to attract more foreign tourists, which is expected to lead to higher traffic and, if managed poorly, a rise in accidents TRT World Senior Business Producer Paolo Montecillo met with the head of the Ankara-based firm to find out more about the company's services and its project in Malaysia.

#MalaysiaAviation #AirTravelSafety #Haritaevi

The US economy added far fewer jobs than expected in December as the nation grappled with a massive surge in Covid cases.

Joann Weiner joined us from Washington DC. She is the director of applied economics graduate program at George Washington University.

#USUnemployment #USpayroll #USJob

The turmoil in Kazakhstan has dealt a blow to cryptocurrencies, because the country is the world's second-biggest bitcoin mining hub. The prices of Kazakh exports like crude oil and uranium are also surging, during the most violent protests in the country in years. They've broken-out at a time when the supply of both commodities is under pressure, pushing-up inflation in major economies.

Assel Tutumlu koined us from Nicosia in the Turkish Republic of Northern Cyprus. She's a Central Asia and Kazakh affairs analyst at the Near East University.

#Kazakhstan #BitcoinMining #UraniumPrices

- Shimao shares, bonds tumble after missed loan payment

- Samsung expects 52.5% jump in Q2 operating profit

- GameStop shares surge after report of NFT platform plans

#Shimao #Samsung #GameStop

- China's services sector expands in December

- Next raises profit outlook on strong Christmas sales

- Rivian shares fall after Amazon's Stellantis deal

#ChinaServices #NextOutlook #Rivian