Karachi, April 8 Business confidence in Pakistan continued to slide in the first three months of 2023 amid multiple economic crises, according to the latest edition of the Gallup Business Confidence Index. “Last year’s political instability has carried over to combine with various economic crises and exacerbated business insecurity,” Dawn news quoted the survey as […]
Manila, March 30 The Philippines’ debt rose to 13.75 trillion pesos ($252 billion) as of the end of February, a 0.4 per cent increase from total outstanding debt recorded at the end of January, due to the net issuance of domestic securities, the Bureau of Treasury said on Thursday. Of the total debt stock, the […]
Hong Kong, March 30 International rating agency Fitch on Thursday predicted that Hong Kong’s economy will rebound by 4 per cent this year, following a contraction of 3.5 per cent in 2022. Removal of most pandemic-related restrictions has led to visible improvements in business activity and cross-border connectivity since early 2023, the firm said, adding […]
Washington, March 28 Three children and three staff members were killed in a shooting in a school in the US’ Tennessee state on Monday morning. The shooter — described as a teenaged girl by authorities — was “engaged” by law enforcement officers and killed. She was carrying two “assault-type rifles and a handgun”, as per […]
Washington, March 13 US President Joe Biden on Monday calmed an alarmed nation over the Silicon Valley Bank (SVB) collapse vowing to protect depositors’ monies, fire the bank management, but declared investors would not be protected as they knew the risks they ran. “This is capitalism for you,” he said. Biden told a nationwide audience […]
Washington/New York, Feb 23 US President Joe Biden has named Ajay Banga, the former Indian American head of Mastercard, to head the World Bank, the white House said announced on Thursday. If confirmed by the US Senate, Bang will be the first person of Indian descent to head the World Bank. He will succeed David […]
Toronto, Feb 21 (IANS) With 226,450 students, India has become the top source of new international students entering Canada in 2022, according to data released by the Immigration, Refugees and Citizenship Canada (IRCC). The North American nation set an immigration record by welcoming 551,405 international students from 184 countries in 2022. India was closely followed by […]
Ankara Just two weeks after the devastating 7.8 magnitude earthquake, a strong tremor, measuring 6.4 on the Richter scale, struck southern Turkey on Monday night, reports said. The tremor occurred at 8.04 p.m. (local time/10.34 p.m. IST), Turkey’s disaster and emergency agency Afad said, the BBC reported. The February 6 earthquake left more than 44,000 people […]
Cape Town (South Africa) Fantastic unbeaten knocks by Jemimah Rodrigues (53 not out off 38) and Richa Ghosh (31 not out off 20) led India to an impressive seven-wicket win over arch-rivals Pakistan in their opening match of Women’s T20 World Cup 2023 at Newlands Cricket Ground, here on Sunday. Riding on brilliant performances by Bismah […]
Karachi, Feb 10 (IANS) Pakistans foreign exchange reserves held by the central bank decreased by 5.5 per cent or $170 million to $2.91 billion in the week ending February 3, the State Bank of Pakistan said on Thursday, deepening the economic woes of the crisis-stricken country, media reports said. The country has $8.54 billion in reserves […]