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Technology Published 06 Apr, 2023 03:10pm

Australia cancels Binance’s financial services licence amid probe

Retail investors are entitled to a higher level of regulatory protection

Business & Economy Published 06 Apr, 2023 11:00am

German banks hit by wave of complaints from savers

It received 15,000 complaints from consumers in Europe’s largest economy

Business & Economy Published 05 Apr, 2023 02:55pm

UBS tells investors shotgun Credit Suisse takeover a ‘major challenge’

the first merger of two globally systematically important banks

Business & Economy Published 05 Apr, 2023 02:51pm

Exclusive: Europe’s banks ramp up bespoke loan trades to reduce risk

These “significant risk transfer” (SRT) transactions are not new

Technology Published 04 Apr, 2023 11:48am

SK Hynix raises $1.7bln in convertible bond as chip slump deepens

the first such deal by the firm since it was acquired by energy

Business & Economy Published 01 Apr, 2023 03:11pm

ECB’s De Guindos warns of broad risks in financial sector

The European Central Bank (ECB) is monitoring broad

Business & Economy Published 01 Apr, 2023 02:24pm

Indexes jump on inflation data; Nasdaq posts best quarter since 2020

The S&P 500 closed at its highest level since Feb 15

Business & Economy Published 31 Mar, 2023 08:08pm

China rolls over $2b loan to Pakistan as it struggles with external liquidity

Formal confirmation of refinancing would be made after process was completed, says official

Business & Economy Published 29 Mar, 2023 02:33pm

Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover

rebuilding the bank after the global financial crisis.

▶️ Pakistan Published 26 Mar, 2023 11:24pm

Even friendly countries’ patience is running thin, says Zubair

Former Sindh governor cites seeking IMF loan for the 23rd is a ‘world record’ for Pakistan

Business & Economy Updated 23 Mar, 2023 11:12pm

Banking hours for Ramazan in Pakistan

Fridays will be different

Business & Economy Published 21 Mar, 2023 11:28am

Switzerland’s secretive Credit Suisse rescue rocks global finance

Customers have already pulled $110b from Zurich-based bank in the last three months of 2022

Business & Economy Published 20 Mar, 2023 12:55pm

Stocks drop despite Credit Suisse buyout, central banks’ pledge

Asian equities sank Monday following a sell-off in New York on fears over the financial sector

Business & Economy Published 19 Mar, 2023 11:45am

Crunch time for Credit Suisse talks as UBS seeks Swiss assurances

Guarantees UBS is seeking 'would cover the cost of winding down parts of Credit Suisse and potential litigation charges'

Business & Economy Published 18 Mar, 2023 09:16am

UBS in talks to acquire embattled Credit Suisse: Financial Times

UBS wants to assess what risks a full or partial takeover of its rival could pose to its own business, says source

Business & Economy Published 17 Mar, 2023 09:44am

Bank lifelines ease global financial crisis fears

Multi-billion dollar lifelines for troubled US and European banks shore up investors confidence

Business & Economy Published 17 Mar, 2023 08:51am

Ishaq Dar’s missile statement is not as significant as you think

He had said that Pakistan would not abandon its missiles on anyone's demands

Business & Economy Updated 28 Mar, 2023 10:42pm

IMF agreement ‘hinges’ on completion of commitments from friendly countries

Industrial and Commercial Bank of China’s approves rollover facility of $1.3 billion

Business & Economy Published 16 Mar, 2023 11:49am

Rupee follows Asian peers lower on more risk aversion

Over the last 6 months, USD/INR has been ranged with 83.00 acting a upper cap, says expert

Business & Economy Published 16 Mar, 2023 08:58am

Credit Suisse secures $54b lifeline as authorities rush to prevent global bank crisis

Swiss bank's announcement helped stem heavy selling in financial markets in Asian morning trade

Business & Economy Published 12 Mar, 2023 05:40pm

Miftah Ismail’s advice for developing Pakistan

Former finance minister stresses need for increasing number of school-going children

Pakistan Updated 09 Mar, 2023 04:22pm

US ‘believes’ IMF reforms will make Pakistani business more competitive

Calls upon Islamabad to continue working with international lender

Business & Economy Updated 04 Mar, 2023 03:06pm

China approves $1.3b loan rollover for Pakistan: Dar

Facility will be disbursed in three installments

Business & Economy Updated 03 Mar, 2023 11:17am

Pakistan trying to appease IMF to secure delayed funding

Government hints at summoning monetary policy meeting in a month, say sources

Pakistan Published 03 Mar, 2023 12:09am

Imran and Maryam exchange blows on economy, Dar decries detractors

Inflation, fuel prices and dollar's rate are at historic highs

World Published 02 Mar, 2023 07:41pm

A certain country is behind Pakistan’s economy woes, says China

Spokesperson says western-dominated institutions trap developing countries in debt

Business & Economy Updated 10 Feb, 2023 06:16pm

Pakistan’s external position under significant stress: Moody’s

Pakistan's government liquidity and external vulnerability risks are elevated, says credit rating agency

Technology Published 19 Apr, 2022 06:43pm

Pakistan’s Abhi raises $17mn in Series A funding

Abhi’s platform looks to enable employees of its partners to withdraw salary advances based on their accrued wages at any time

Pakistan Published 23 Jan, 2022 10:39am

Next 10 years will help reduce income disparity: Tarin

Finance minister says Pakistan among top three in Economist Normalcy Index