Lockdown worries knock European stocks, banks hit by reports of illicit money flows
BERLIN: European stocks headed for their worst fall in almost two months on Monday, hit by worries about a surge in coronavirus...
India’s Nobel laureate fears upsurge in child labour as pandemic shrivels economy
NEW DELHI: For four decades Indian Nobel peace laureate Kailash Satyarthi rescued thousands of children from the scourge of slavery and trafficking...
Oil prices steady as third storm in month takes aims at US
SINGAPORE: Oil prices edged higher on Monday as a tropical storm took aim for the US Gulf of Mexico region halting some...
China does not have a timetable for ‘unreliable entities list’
NINGBO: China said it did not have a timetable or pre-set names of companies on its ‘unreliable entities list’ but if foreign...
Rashakai SEZ a useful tool for luring in FDI: BoI
The Rashakai Special Economic Zone (SEZ) will play a significant role in luring Foreign Direct Investment (FDI) in the country as it...
Pakistan‘s interest rate expected to remain at 7pc
Experts have said that the State Bank of Pakistan (SBP) is expected to keep the interest rate at 7 per cent for...
Textile sector production revs up as virus spread decelerates
The country's textile sector has dramatically increased its scale of production, restoring it to pre-corona levels of maximum capacity as the containment...
Tender for construction of important M-8 section issued
LAHORE: China–Pakistan Economic Corridor (CPEC) Chairman Authority Asim Saleem Bajwa on Sunday announced that the tender for the construction of an important...
India passes farm bills amid protest from opposition parties
NEW DELHI: India’s parliament on Sunday passed new bills the government says will make it easier for farmers to sell their produce...
Iran’s rial hits record low as tension spikes with the US
DUBAI: The Iranian rial fell to a record low against the US dollar on the unofficial market on Sunday, a day after...
Unlicensed money changers go off radar as AML bill passed
Unlicensed money changers have vanished from markets as the Senate and National Assembly (NA) passed an anti-money laundering (AML) legislation, which was...
Rolls-Royce plans to raise up to 2.5 billion stg as Covid-19 bites
LONDON: Britain's Rolls-Royce Holdings Plc said on Saturday it was looking to raise up to 2.5 billion pounds ($3.2 billion) in an effort...
Common Expo Centre to be established in 4 cities of Punjab
ISLAMABAD: A ‘common expo centre’ will be established for Sialkot, Gujrat, Wazirabad and Gujranwala cities, for which the Punjab government will be...
Zero tax paid by bulk of return filers in 2018
As many as 1.004m or 36.6 per cent taxpayers of the country's total 2.743 million individual taxpayers did not pay any income tax...
TikTok says it already committed to government oversight of US data security
BEIJING: Video-sharing app TikTok said on Saturday it has already committed to the US government oversight of data security in the country,...