Significant progress made in Islamabad blast probe Suspected terrorist came to Islamabad from KP He was traveling with explosive and suicide jacket ISLAMABAD: Significant progress has been made in the probe of the suicide blast in Islamabad that took place days ago and it was revealed that the suspect entered the capital from Khyber Pakhtunkhwa. … Read more
Security on alert in major cities after attack in Islamabad All the entry and exit points have been under strict security Blast left one cop dead and several injured ISLAMABAD: Following the suicidal attempt in the capital, security has been set on high alert in all major cities of the country. In the wake of … Read more
ECP rejects the postponement of LG polls in Islamabad Polls will be held as per schedule on December 31 ECP has completed the preparations for the polls ISLAMABAD: The Election Commission of Pakistan (ECP) has said that the local government (LG) polls will not be postponed and will be held as per schedule on December … Read more
Heavy gunfire heard near military barracks and residential areas of Burkina Faso’s capital, Ouagadougou. Large blast also heard near presidential palace where soldiers have taken up positions. It was not clear yet if this was a coup attempt, but bore hallmarks of other power grabs. Soldiers are on the streets, and heavy gunfire has been … Read more
China’s banking regulator has collaborated with the finance ministry and central bank to speed up the issuing of special local government bonds. Small and medium-sized banks sold 394.3 billion yuan ($58.4 billion) worth of non-performing loans from January to May. According to China Banking and Insurance News, China’s banking regulator has collaborated with the finance … Read more
Australian tennis player Nick Kyrgios will show up. Watchful eye of a Canberra court one month from now. Following a charge of alleged attack for an episode last year. Kyrgios last month turned into the main competitor to join Evolve, the new games office helped to establish by four-time Grand Slam champion. An assertion from … Read more
New homes costs in China rose at a somewhat quicker pace in June. A confidential study displayed on Friday，driven by a large number of strategy. Facilitating measures by little and medium-sized urban communities to invigorate request. China is discouraged property market has given a few indications of progress lately. Boost steps this year have essentially … Read more
Faraday CEO Carsten Breitfeld told that the company will need to raise capital in the second half of the year. Faraday said it would start delivery of its FF91 car in the third quarter this year and expects to make between 6,000 and 8,000 cars in 2023. Faraday Future Intelligent Electric (FFIE.O) will actually want … Read more
Saudi Telecom’s board has proposed increasing the company’s share capital by $8 billion, or 150%, driving the share price nearly 10% higher. The proposed capital increase would involve issuing 30 billion new shares, with shareholders offering 1.5 new shares for each share owned. Saudi Telecom (7010.SE) said on Sunday its board had proposed expanding the … Read more
Russia’s central bank announced on Friday that it was lowering its key interest rate for the second time in a row, citing a reduction in the risks of price surges and financial instability. The Bank of Russia said it would drop the rate from 17 percent to 14 percent starting next week, a bigger cut … Read more
A man who broke into the compound of Peru’s ambassador in Washington and smashed home windows with an iron bar turned dead on Wednesday by way of Secret Service officials, police stated. Washington Police Chief Robert Contee stated Ambassador Oswaldo de Rivero and his spouse were inside the house in a quiet upscale community while … Read more
ISLAMABAD: The capital markets are a viable option for attracting private investments to bridge the infrastructure financing gap and ensuring the sustainable management of infrastructure, an official said. Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan while delivering keynote address at a capacity building session for “Financing Infrastructure via Capital Markets”, said that … Read more
KARACHI: The lack of laws allowing for inflow of foreign investment capital, and appropriate venture capital friendly legislation and processes, pose considerable barriers to local and international investors alike, a report by invest2innovate stated. According to Pakistan Startup Ecosystem Report 2021 by invest2innovate, much more needs to be done to improve the regulatory environment, especially … Read more
SYDNEY: Thousands of protesters marched through Australia’s capital to the parliament building on Saturday to decry Covid-19 vaccine mandates, the latest in a string of rallies against pandemic restrictions around the world. Demonstrators packed Canberra’s streets before massing outside the parliament, some waving the red Australian ensign flag associated with “sovereign citizens” who believe national … Read more
LUSAKA – Zambia on Monday received a fresh batch of COVID-19 vaccines donated by the Chinese government. The 400,000 doses of vaccines were received by Li Jie, the Chinese Ambassador to Zambia and Sylvia Masebo, Zambia’s Health Minister, during a ceremony held at the Kenneth Kaunda International Airport in Lusaka, the country’s capital. Addressing the … Read more
TOKYO, Jan. 13 (Xinhua) — The Tokyo metropolitan government on Thursday raised its COVID-19 alert level to the second highest on its four-tier scale owing to the rampant spread of the Omicron variant of the virus around the capital. The scale was lifted one notch by the Tokyo metropolitan government. The alert level hasn’t reached … Read more
BEIJING: Chinese real estate behemoth Evergrande was declared in default on Thursday by Fitch Ratings agency, citing the debt-laden property developer’s failure to pay more than $1.2 billion in bond repayments. “The non-payment is consistent with an ‘RD’ (restricted default) rating, signifying the uncured expiry of any applicable grace period, cure period or default forbearance … Read more
KARACHI: PostEx, a provider of courier and financing to e-commerce companies, completed one of the country’s largest early-stage funding to help with its expansion plans, Bloomberg reported on Monday. The Lahore-based startup raised $8.6 million through multiple tranches in its seed funding, according to its founder Muhammad Omer Khan. The latest tranche was led by Global Founders … Read more
RIYADH: Gulf Capital, a financial institution based in the UAE, has added Dubai and Abu Dhabi to the list of possible markets for the initial public offerings of one of its assets in 2022, CEO Karim El-Solh told Al-Bayan paper. The return of IPOs in Dubai and Abu Dhabi financial markets have encouraged the company to consider … Read more
RIYADH: Foreign inflows in the Saudi capital market since 2019 have reached nearly SR135 billion ($35.98 billion), despite the kingdom being at an early stage in dealing with external investors, Arab News quoted Capital Market Authority chairman Mohammed ElKuwaiz, as saying. Opening the market for foreign investment supports diversification of funding sources for listed companies, ElKuwaiz said, … Read more
RIYADH: Alkhaleej Training Company starts its offering and tradable rights trading period as of Monday, to increase its capital from SR450 million ($119.9 million) to SR650 million ($173.2 million), Arab News reported. The rights trading period ends on Monday, November 15, 2021, with the subscription phase continuing until Thursday, November 18, 2021. The education and training business … Read more
SEOUL: South Korea decided on Friday to extend its toughest social-distancing rules in the capital area for one more month amid the continued Covid-19 resurgence. The Level 4 social-distancing guideline, the highest in the country’s four-tier quarantine rules, will be kept in place in Seoul, its surrounding Gyeonggi province and the western port city of … Read more
KABUL: At least 20 Taliban militants were killed and eight others wounded when government forces repelled a militant attack on Aybak city, capital of Afghanistan’s northern province of Samangan, on Sunday night, the country’s Interior Ministry confirmed on Monday. The ministry said in a statement that Taliban fighters fled surrounding areas of the city after … Read more
Two Indian High Commission officials trampled a citizen while speeding in Islamabad. Both the officials have been taken into custody. According to the details, after the US and European diplomats, now the Indian diplomats also started over speeding and traffic accidents in the federal capital. In the federal capital, two officials of the Indian High … Read more
