Tue, 21-Oct-2025

Hong Kong has its greatest population decline ever as the exodus accelerates

Hong Kong

Experts attribute the steepest yearly population reduction in Hong Kong to rigorous Covid control measures and a political crackdown that has diminished the appeal of a financial center that has long been marketed as “Asia’s world city.” According to data released on Thursday by the Census and Statistics Department, there are now 7.29 million people … Read more

Oil prices decline after a big jump, helped by a weak dollar

Oil prices

oil prices lost momentum on Tuesday as concerns that rising crude will contribute to a recession that kills demand slightly outweighed ongoing concerns about constrained supply. By 0446 GMT, the September settlement Brent crude futures price had dropped 43 cents to $105.84 per barrel. The increase in the contract on Monday was 5.1 percent, the … Read more

Australia’s consumer confidence continues to decline as inflation grows

Australia's

The Westpac-Melbourne Institute index of consumer sentiment slid 3.0%. In July from June, when it dropped 4.5%. The index was down 23% from July last year at 83.8. Consumers fear inflation could hit 6% in the months ahead. Australia’s consumer feeling slid for an eighth consecutive month to match pandemic lows in July as the … Read more

The real reason Prince Harry and Meghan declined Archie’s ‘Earl’ title

Despite being the first-born son of a Duke, Prince Harry and Meghan Markle never intended their son, Arche, to receive the title of ‘Earl.’ As the heir to Prince Harry’s Scottish earldom, Archie might have been bestowed the title of Earl of Dumbarton when he was born. However, Harry and Meghan chose to call their … Read more

Rupee gains 20 paisas against dollar

pak rupee

KARACHI: The rupee gained 20 paisas against the dollar on Wednesday after an ease down in the political uncertainty coupled with the central bank’s measures to provide support to the local currency, dealers said. The exchange rate closed at Rs181.82 against the greenback from the last day’s closing of Rs182.02 in the interbank foreign exchange … Read more

Haven for endangered UK birds

Haven for endangered UK birds

Nature is reclaiming her territory at a quarry in the east of England that is being transformed into a vast reserve offering vital sanctuary to endangered birds. With its reedbed wetlands, the marshy plain of the Fens outside Cambridge has become an attractive habitat for the secretive bittern, which was until 2015 on the UK’s … Read more

Rupee slightly down against dollar

Rupee weakens

KARACHI: The rupee registered a slight decline of 10 paisas against the dollar on Tuesday because of higher demand for import payments, dealers said. The exchange rate ended at Rs161.33 against the greenback from the previous day’s closing of Rs161.23 in the interbank foreign exchange market. The currency dealers said the rupee slipped because of … Read more

Capital gains tax collection posts 7% fall amid massive growth in PSX

Tax authorities

KARACHI: The collection of capital gains tax (CGT) has registered a decline of 7 per cent during the fiscal year 2020/21, despite a massive growth in the stock market during the year under review. According to the statistics made available to BOL, the collection of the capital gains tax stood at Rs1.82 billion during the … Read more