IMF’s $3bn tranche to Argentina on hold as talks go on
The local peso currency has lost more than half its value against the US dollar this year as concerns swirled over the government’s ability to pay its debt obligations next year.
Citigroup pays $12 million to settle dark pool probe
The regulator also found that Citigroup Global did not disclose that over a period of more than two years, nearly half of its dark-pool orders were routed to and executed on other trading venues that did not offer the same premium features as Citi’s.
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
Trump, who had already imposed 25 percent tariffs on $50 billion of Chinese goods, said a week ago that he would be adding tariffs on another $200 billion in goods
FDI dips by 40 percent in July-Aug 2018
–‘Situation to remain bleak unless govt comes up with a favourable policy for investors’
KARACHI:Â Foreign direct investment (FDI) dipped by 40 percent to...
SECP sensitises business community on limited liability partnerships
ISLAMABAD: The Security and Exchange Commission of Pakistan (SECP) on Friday organized a seminar in collaboration with the Lahore Tax Bar Association...
Economic experts call for structural reforms in economy, taxation
ISLAMABAD:Â Economic experts on Thursday called for making structural reforms in the national economy in order to overcome the twin-deficit which includes the...
Lira sell-off poses no risk to Turkey’s banks, Finance Minister Albayrak says
The lira’s 42 percent drop this year has driven up the cost of servicing that debt and investors fear banks could be hit by a wave of rising bad loans.
Taking Pakistan higher on the World Bank ladder
In the realm of creating an environment for ease of doing business, Ms Fareena Mazhar is hoping that BoI would find an ally in the coming PTI government