Trade of Asia
Trade of Asia
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The government and IMF have finished staff-level talks about the 7th and 8th reviews.
The Pakistani government and the International Monetary Fund (IMF) have finished talking about the policies needed to finish the 7th…
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Asian stocks go up as investors get ready for U.S. inflation data.
Hong Kong/Tokyo (Reuters) – Asia’s stock markets went up slightly on Wednesday, while the euro was just above parity with…
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China’s June exports increased 17.9%, while imports increased 1.0 %.
(Reuters)-Beijing- China’s exports increased 17.9 percent year on year in June, exceeding experts’ estimates as the economy strives to regain…
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Asian equities hit a two-year low as the euro nears dollar parity on economic fears.
Global markets sank, oil fell, and the euro inched closer to parity with the safe-haven dollar on Tuesday as investors…
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Alibaba and Tencent have been fined for failing to disclose information.
Reuters: Alibaba (NYSE: BABA) and Tencent were fined by China’s market regulator for failing to disclose transactions in accordance with…
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Growth in microloan payments stops going up.
KARACHI: The amount of microfinance loans given out stayed the same from January to March, after increasing by almost 20%…
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Pakistan and the IMF are getting closer to reviving a loan package.
WASHINGTON The International Monetary Fund (IMF) and Pakistan are getting closer to getting their loan package back on track. This…
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China’s factory growth slowed in June, which goes against the global trend.
Beijing (Reuters) -China’s factory-gate inflation dropped to its lowest level in 15 months in June, going against the trend of…
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The SBP increases the key policy rate to 15%.
The State Bank of Pakistan (SBP) raised its benchmark policy rate by 125 basis points to 15% from 13.75% on…
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Oil falls below $100 as the euro falls even more.
(AFP)-NEW YORK (AFP)- On Wednesday, fears of a recession sent the price of Brent oil briefly back below $100, and…
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