BEIJING – China on Tuesday unveiled new guidelines to ease pressures on foreign trade companies and keep the country’s exports and imports stable. The country will further open up the economy and carry out cross-cyclical adjustments to support medium, small and micro-sized foreign trade companies, and guarantee their orders and stabilize expectations, according to the … Read more
KARACHI: The board of directors of Askari Bank Limited (AKBL) has approved the amalgamation of its wholly owned subsidiary Askari Securities Limited (ASL) with and into Foundation Securities Limited (FSL), a bourse filing showed on Tuesday. “The board of directors of Askari Bank Limited (AKBL) had consented to expression of interest (EOI) received by the … Read more
Bollywood action-comedy star Akshay Kumar is all in love with his dog and shared an adorable video on Instagram to express his feelings for the creature. Akshay shared a glimpse of his time with his favourite living being and the fans are awestruck with the cuteness overload. Read more: Akshay Kumar pours his heart out … Read more
PARIS: Air France-KLM said on Monday it would add a surcharge of up to 12 euros ($13.50) on its tickets to try to offset the cost of using more expensive sustainable aviation fuel. Air France said that the fuel levy would be added to tickets from January 10. Travellers in economy class will pay between one … Read more
MUMBAI: The Indian government has agreed to forego $2.1 billion in interest payments and instead become the largest shareholder in the British telecoms giant Vodafone’s local unit Vi, the company said on Tuesday. Vodafone has been losing money in India since Asia’s richest man Mukesh Ambani kicked off a price war in the vast market … Read more
BEIJING – China has been subject to a new wave of nagging criticism by some foreign media over its zero-COVID approach after the highly contagious Omicron variant slipped through its defensive line in Tianjin, an international port city in north China. While every anti-epidemic strategy is dynamic and by no means impervious to change, China’s people-centred … Read more
YANGON: Nearly 1,600 tonnes of teak from Myanmar were exported to American companies last year, circumventing the US sanctions imposed to deny the junta millions of dollars in profits, an activist group said on Tuesday. The Southeast Asian nation has been in turmoil since a February 1 coup triggered widespread unrest that the military has sought … Read more
The officers who respond in Los Angeles, California, rescue an injured pilot just before seconds of oncoming train crashes to the plane on the railway tracks. The rescue clip has gone popular and the first responders have been praised for their quick response. The pilot crash-landed his plane on the train lines that run parallel … Read more
NUR-SULTAN, Kazakhstan: Kazakh President Kassym-Jomart Tokayev on Tuesday accused his predecessor, Nursultan Nazarbayev, of creating a caste of wealthy elite, after unrest erupted last week, amid anger over poverty. In rare criticism of his 81-year-old mentor, who for decades was the most powerful person in Kazakhstan, Tokayev said that Nazarbayev’s rule had created “a layer of … Read more
The iconic singer Lata Mangeshkar has been shifted to hospital after she was tested positive for Covid-19, as the country faces a new surge in coronavirus positive cases. The news was shared on social media by her niece who maintained that the 92-year-old singer is currently in ICU and her symptoms are mild. Read more: … Read more
BUCHAREST: Pakistan and Romania signed memoranda of understanding (MoUs) to enhance bilateral cooperation between the trade bodies as well as for the provision of educational scholarships to Pakistani students. The MoUs were signed during the visit of Foreign Minister Shah Mahmood Qureshi to Romania. A MoU was signed between the Federation of Pakistan Chambers of … Read more
Senate of New Jersey, a northeastern state in the United States (US), has unanimously passed a resolution condemning the 1984 anti-Sikh violence in India as genocide. The resolution was sponsored by Senator Stephen M Sweeney which will now be referred to the US president and vice-president. The resolution read that the Sikh genocide began on … Read more
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) urged the government to focus on diversification of exportable products and markets in order to boost the volume of exports, which would ensure achieving better economic growth of the country and address many economic woes. ICCI president Muhammad Shakeel Munir said that Pakistan was mostly relying … Read more
ISLAMABAD: The Islamabad High Court (IHC) on Tuesday declared the occupation of 8,000 acres of land by the Military Directorate farms ‘illegal’ and ordered the Capital Development Authority (CDA) to take over the Navy Golf course and seal the Monal restaurant, which is built at Margalla Hills National Park area. While hearing a case against … Read more
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin on Monday said that the reforms measures being taken by the incumbent government would help bring the whole retail sector worth Rs20 trillion into the tax net. “The total sale of retail sector in the country is Rs20 trillion, and Rs16 trillion of it is not in … Read more
HAVANA: Cubans are no strangers to queuing for everything from bread to toothpaste, often standing for hours under a blazing sun with no access to a toilet or drinking water, and always with the fear of leaving empty-handed. It is a daily ordeal Cubans have endured for about 60 years of communist rule, now worsened by … Read more
NEW YORK: Federal Reserve vice chair Richard Clarida announced on Monday he will exit the US central bank early; following questions over his equity trading activity early in the Covid-19 pandemic. Clarida, whose term on the Board of Governors was set to expire on January 31, will instead resign on January 14. He gave no explanation … Read more
Ever since the news made its way to social media that the actor Humayun Saeed has been handpicked for The Crown’s upcoming season to essay the role of Dr Hasnat, celebrities have been extending their warm wishes for the star except for Sakina Samo. Sakina Samo in her Instagram post questioned the selection of Humayun … Read more
Muttahida Qaumi Movement–Pakistan (MQM-P) Deputy Convener Kanwar Naveed said that Pakistan Peoples Party (PPP) always tried to occupy Karachi instead of winning people’s hearts. Addressing a press conference against Sindh Local Government Amendment Act, 2021, in Karachi on Tuesday, Naveed announced to challenge the new town system in Karachi in court. Read more: Sindh govt … Read more
Amid the ongoing wedding season, host Nida Yasir was also relishing the wedding of her brother and has something in the box to surprise her fans. Former actress and now host Nida took to her Instagram to share the first look of the bride and announced amazing news for her fans. View this post … Read more
What a beautiful night it was for Saboor Aly and Ali Ansari who recently tied the knot in a lavish wedding ceremony that left the fans awestruck. The fairytale ceremony was concluded with the reception event last night. The Parizaad actress decided to keep her reception attire a bit unwonted and she looked like a … Read more
Bollywood actor Sunny Deol has been relishing his winter time in Manali these days and throwing some major snowy vibes on Instagram. View this post on Instagram A post shared by Sunny Deol (@iamsunnydeol) The Dillagi star could be seen taking pleasure in the snow covered mountains in Manali. View this post … Read more
Coke Studio is in full swing with Xulfi leading this year. Several CS14 artists have confirmed their participation on social media. Some with meaningful messages summarising their journeys. Others with a simple post providing a glimpse into this year’s music spectacular. Amongst those, we found one of the hidden talents that will grace us this … Read more
WASHINGTON: Federal Reserve Chair Jerome Powell will highlight the central bank’s efforts to fight inflation and stabilise the US economy at his confirmation hearing, according to testimony released on Monday. However, the Republican will likely also face questions about his ethics from a Democratic senator, after a media report raised further questions over whether a Fed … Read more
ISLAMABAD: A meeting of the federal cabinet, with a 17-point agenda including the briefing on the Murree tragedy, is being presided over by Prime Minister Imran Khan at the Prime Minister Office in the capital. According to Bol News, the cabinet is also reviewing the political and economic situation in the country. It will also … Read more
FRANKFURT: Asian tourism and casinos giant Genting’s shipbuilding subsidiaries in Germany filed for bankruptcy on Monday, which one union leader described as a “dark day” for the country’s dockyards. With travel still severely restricted during the coronavirus pandemic, particularly in Asia, the company has seen demand for huge cruise ships or luxury mega-yachts dwindle. MV Werften … Read more
BEIJING: Overseas holdings of bonds traded in China’s interbank market reached a new high at the end of December, as global investors were lured by relatively high yields and stability, certainty and growth of the world’s second-largest economy in the pandemic era. Outstanding overseas institutional holdings of interbank bonds rose to a total of 4 … Read more
LAHORE: Pakistan Muslim League-N (PML-N) President and Leader of Opposition in National Assembly Shehbaz Sharif on Tuesday said it was the constitutional and legal responsibility of the Election Commission of Pakistan (ECP) to make public all the details of the foreign funding of the Pakistan Tehreek e Insaf (PTI). In a statement, Sharif demanded the … Read more
