Business & Economy

JAKARTA, Aug 1 (XINHUA/APP): Indonesia’s inflation in July reached 4.94 percent, the highest in seven years and exceeding the central bank’s target range, the Statistics Indonesia (BPS) said on Monday. “This is the highest inflation since October 2015 which reached 6.25 percent year-on-year,” BPS head […]

TOKYO, Aug 1 (XINHUA/APP):Japan’s ANA Holdings Inc. said Monday it booked a profit for the first time in three years in the April-June quarter owing to an uptick in patronage amid the waning downside effects of the COVID-19 pandemic. ANA Holdings Inc., parent company of […]

WILMINGTON – July 31 (ONLINE) Elon Musk countersued Twitter Inc (TWTR.N) on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not […]

ISLAMABAD – July 31 (ONLINE) Finance Minister Miftah Ismail on Sunday voiced optimism that the pressure on the rupee, which has seen a sharp drop against the dollar in recent weeks, would ease within the next two weeks. Addressing a news conference along with Coordinator […]

Washington, July 31 (AFP/APP):An Irishman at risk of losing his farm. An American having suicidal thoughts. An 84-year-old widow’s lost life savings: People caught in the meltdown of crypto lender Celsius are pleading for their money back. Hundreds of letters have poured in to the […]

BEIJING, July 31 (APP):The International Cooperation Centre (ICC) of China National Development and Reform Commission will organise an extensive course on BRI Progress for Pakistan from August 3 to August 23. As many as 25 government officials, scholars and businessmen will take part in the […]

Rawalpindi (PNI) Fauji Fertilizer Company Limited (FFC) has announced its half yearly financial results for the period ended June 30, 2022 in its Board of Directors’ meeting held on July 28, 2022. FFC attained Urea production of 1,276 thousand tonnes, 4% higher than last year […]

ISLAMABAD – July 27 (ONLINE) Minister for Planning and Development Ahsan Iqbal on Wednesday called for evolving a broad national consensus to achieve development goals and uplift the economy. Addressing an event regarding Sustainable Development Goals in Islamabad on Wednesday, Iqbal noted a country cannot […]

Islamabad; 27 July 2022 (Online): As Sindh’s small traders move the court against FPCCI and KCCI for their failure to protect small retailers against the imposition of a fixed retailer’s tax, Spokesperson FBR Asad Tahir heralded the tax regime as a facility that traders could […]

Washington, July 27 (AFP/APP):The US Federal Reserve on Wednesday again raised the benchmark interest rate by three-quarters of a percentage point in its ongoing battle to tamp down raging price pressures that are squeezing American families. It was the second straight 75 basis point increases, […]