Overseas institutions hold more Chinese interbank bonds

SHANGHAI, Jan 16 (XINHUA/APP):Overseas institutions held more bonds in China’s interbank bond market last month, official data showed. By the end of December, bonds in China’s interbank market held by overseas institutions totaled 4 trillion yuan (629.3 billion U.S. dollars), the People’s Bank of China […]

Pakistan Railways earned Rs 200.33 bln

ISLAMABAD, Jan 15 (APP):Pakistan Railways (PR) has earned around Rs 200.33 billion during the last four years and also significantly decreased its working expenses to transform the organisation into a profitable entity. “PR has earned Rs 49.576 bln in 2017-18, Rs 54.514 bln in 2018-19, […]

German economy grew by 2.7% in 2021 amid supply crunch

Frankfurt, Jan 14 (AFP/APP):The German economy grew by 2.7 percent in 2021, official figures showed on Friday, as the economy battled against widespread supply chain disruptions and a resurgence in the coronavirus pandemic. “The economic development was highly dependent on Covid-19 infection rates and the […]

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