Goldman Sachs (NYSE:GS) slashed its economic growth forecasts for China on Sunday, stating that current levels of stimulus from the government will provide less support for the economy than previously thought.
The investment bank cut its forecast for 2023 gross domestic product (GDP) to 5.4% from 6%, joining a growing...
Cash-strapped Pakistan has received $1 billion from its close ally China to support its critically low foreign reserves amidst the uncertainty to revive a stalled International Monetary Fund loan.
The State Bank of Pakistan (SBP) on Friday night confirmed having received the amount from China without sharing any other details...
Islamabad , June 19: Former additional director of Pakistan's Federal Investigation Agency (FIA) Sajjad Bajwa has revealed that some 'black sheep' are there in the agency that is backing the agent mafia in Pakistan.
In a statement, FIA's ex-additional director revealed, "Some black sheep in FIA are backing the agent mafia. There are thousands of agents in Pakistan and the authorities...
China’s aircraft carriers are not specifically targeting Taiwan but pose a threat to the United States-led global security order, a former chief of Taiwan’s general staff said Friday (June 16).
Lee Hsi-ming (李喜明) was speaking at the presentation of a report about Taiwan’s defense situation by the Taipei School of...
Islamabad , June 18: Pakistan's textile sector has faced a decline in textile exports for an eighth consecutive month on a year-on-year basis, demonstrating persistent challenges for the industry, Pakistan-based The Express Tribune reported.
Textile exports witnessed a month-on-month rise of 7 per cent in textile exports in May 2023,...
China's efforts to whitewash the 1989 Tiananmen Square massacre are not new. Every year, the Communist regime unleashes its full might to enforce censorship especially on the internet to block any mention of the gruesome killings on June 4 that year. This year, the censorship ‘firewall’ is slightly more stringent than...
China is both the biggest driver of future demand for crude oil, and the biggest risk to global refining as it will continue to hold much of the world's spare capacity.
The International Energy Agency's (IEA) medium-term oil market report, released on Wednesday, forecast that Asia, and particularly China, was the engine of...
The situation of the Uyghur population in the Chinese region of Xinjiang has been largely unclear since 2017. Researchers are now seeking an approach using remote ethnography methods as part of an EU project.
The autonomous Uyghur region of Xinjiang (China) is located in the heart of Central Asia and...
Beijing: China witnessed a more than fivefold surge in the number of people diagnosed with Covid-19 at hospitals across the country since April. The Chinese Centre for Disease Control and Prevention (CDC) released data that shows, it has reached more than 40 per cent of those tested at the end...
Beijing, China: China on Thursday reported a series of weak economic indicators, with youth unemployment hitting a record high for the second consecutive month as the economy's post-Covid growth spurt fades.
The unemployment rate for Chinese between the ages of 16 and 24 rose to 20.8 percent, up from what was...
