The International Monetary Fund (IMF) told the Pakistan government to increase the interest rates during the recently concluded staff-level visit which urged the government to adopt an aggressive approach to curb inflation.
The IMF also questioned the Shehbaz Sharif-led government on what steps it has taken on their defence budget...
Beijing , February 24: China which emerged as the developing world’s bank of choice is now transitioning from a generous investor to a tough enforcer as its borrowers fail to pay up, reported Foreign Policy (FP).
China poured hundreds of billions of dollars in loans into global infrastructure projects as...
Beijing , February 23: China has been ranked number one on various parameters of illegal, unreported, and unregulated fishing (IUU) rankings. Over 60 per cent of its vessels are involved in IUU fishing worldwide, according to the IUU rankings report 2021, reported Investigative Journalism Reportika (IJK).
Similar to how the...
Beijing , February 22: China is likely to see a trade deficit in 2023, dragging down GDP growth and depressing profits and employment in the manufacturing sector, The Hong Kong Post reported, adding that there is a clear message that markets should not be too optimistic about Chinese growth...
KYIV: Ukrainian President Volodymyr Zelenskyy on Sunday fired a senior military commander helping lead the fight against Russian troops in the country's embattled east but gave no reason for the move.
In a one-line decree, Zelenskyy announced the dismissal of Eduard Moskalyov as commander of the joint forces of Ukraine, which are engaged in...
MOSCOW: Russian President Putin said in an interview broadcast Sunday that Russia has no choice but to take into account Nato's nuclear capabilities, in remarks justifying Russia's recent suspension of its participation in the New START treaty.
As he has done repeatedly during the Ukraine war, Putin claimed that Russia faces an existential...
BEIJING: China Renaissance Holdings said in an exchange filing on Sunday that its missing chairman and star dealmaker Bao Fan was currently cooperating with relevant Chinese authorities conducting an investigation. This is the first time the mainland China-based boutique bank has given a reason for the disappearance of its founder - who was...
JERUSALEM: Scores of Israeli settlers went on a violent rampage in the northern West Bank late Sunday, setting dozens of cars and homes on fire after two settlers were killed by a Palestinian gunman. Palestinian medics said one man was killed and four others were badly wounded in what...
MUMBAI: Adani Group stocks have been falling relentlessly since the damning report by Hindenburg was published on January 24. Over Rs 12 lakh crore in terms of market capitalisation of the Adani scrips has been wiped out, but not all group stocks have fallen in sync. This is where the valuation of individual stocks comes...
