Treasury confirms U.S. default as early as June 1 without debt ceiling hike
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without a debt...
US banks rethink social media as a threat, not a marketing tool
Bankers are beefing up risk management, monitoring and emergency procedures around the use of social media after an internet-fueled run toppled Silicon Valley Bank...
New Vodafone boss takes aim at costs with 11,000 global job cuts
New Vodafone (VOD.L)Â boss Margherita Della Valle said she would cut 11,000 jobs globally over three years to help the telecoms group regain its competitive...
US on track for June 1 default without debt ceiling hike, Treasury says
The U.S. Treasury Department reiterated Monday it expects to be able to pay the U.S. government's bills only through June 1 without a debt...
China’s April data show economic recovery losing steam, testing policymakers
China's April industrial output and retail sales growth undershot forecasts, suggesting the economy lost momentum at the beginning of the second quarter and intensifying...
Lost chance for prosperity: Govt’s inaction hampers Pakistan’s oil refining sector
Writing for The Express Tribune, author Sarfaraz Khan portrays the potential advantages that could have been realized through the development of the oil refining...
Pakistan facing obstacles to achieving self-reliance
Writing for Dawn, author Mansoor Hassan Khan discusses Pakistan's external debt and its reliance on multilateral financial institutions (MFIs) and aid agencies for financing.Â
According...
Liftoff: Modi’s space push for India counts on private players
Encouraged by high-profile successes elsewhere, India wants its private space companies to increase their share of the global launch market by fivefold within the...
Freelancers suffer with broadband outage
Oxford Internet Institute (OII) report ranks Pakistan 4th in the global digital gig marketplace
National search for remedies intensifies amidst worsening crisis
Writing for Dawn, author Jawaid Bokhari discusses the current economic and political situation in Pakistan, highlighting the divergent views about the country's future outlook...
Current expenditures cross annual budgeted estimation within nine months
ISLAMABAD: Despite revising the revenue targets, conducting austerity drives and not providing funds for provincial elections, the federal government's current expenditures have crossed the...
US bank lending touches record as deposits fall, Fed data show
Deposits at U.S. commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the...
The diesel smuggling racket and it’s long shadowÂ
As petrol prices continue to soar and inflation hits all-time high in Pakistan, the demand for cheap, imported, petroleum products has risen dramaticallyÂ
BRR Guardian Limited announces merger with BRR Guardian Modaraba
Formed in 1983, B.R.R. Investments (Private) Limited (BRRI) aimed to promote leasing investments in Pakistan
Fed raises rates, opens door to pause in tightening cycle
The Federal Reserve moved its management of the post-pandemic economic recovery into a new phase on Wednesday with what may be the last in...
