Regulators must step in to protect crypto investors after the collapse of FTX, financial industry executives and lawmakers said at the Reuters NEXT conference this week, the latest call for tougher oversight of a sector prone to meltdowns. Policymakers have for years highlighted the need for effective rules on the […]
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NEW YORK (Reuters) – A US judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies Co , formally ending a criminal sanctions case that strained U.S.-China relations. Meng, whose father Ren Zhengfei founded Huawei and is the telecommunications company’s chief executive, entered an […]
ISLAMABAD -UNS-Chairman Senate Muhammad Sadiq Sanjrani has expressed happiness over the launch of new budget airline, Fly Jinnah in Pakistan while boarding the new carrier’s flight from Islamabad to Karachi on Sunday. Chairman Senate Muhammad Sadiq Sanjrani had hosted H.E. Sheikh Mohammed Bin Abdullah Al Thani of Air Arabia Group […]
KARACHI -UNS-The State Bank of Pakistan announced on Friday that it had increased the interest rate by 100 basis points (bps) to 16 per cent to curb inflation. The announcement came after a meeting of the bank’s Monetary Policy Committee (MPC). The central bank said that the decision was aimed […]
ISTANBUL-UNS-Prime Minister Shehbaz Sharif on Friday invited Turkey to join hands in investing in renewable energy production and reduce dependence on traditional energy sources. Prime minister was participated in the ceremoney in the third of four Milgem Corvette ships for the Pakistan Navy at the Istanbul Shipyard during a two-day […]
SYDNEY (Reuters) – Asian shares tracked Wall Street higher on Thursday, buoyed by signals the U.S. Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China, with the dollar failing to recoup losses. MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) […]
JAMES M. DORSEY As Indonesia passed the chairmanship of the Group of 20 (G-20) to India earlier this month, major Muslim and Hindu organisations, some backed by their governments, are battling to define the role of religion in global politics and whether the world’s significant faiths need reform to harness […]
ISLAMABAD -UNS – Finance Minister Ishaq Dar has ordered an inquiry into the unwarranted leakage of tax information of the family members of Army Chief General Qamar Javed Bajwa. Taking serious notice, he said this is clear violation of complete confidentiality of tax information that the law provides. In view […]
NEW YORK -UNS : A new coalition of immigrant rights and climate groups is calling on the Biden administration to grant Temporary Protected Status (TPS) for Pakistani nationals working and studying in the United States following the devastating floods across Pakistan. Advocates sent a letter making the request for TPS […]
