China’s Ant Financial looks to raise $8 billion from investors
HONG KONG/SINGAPORE: China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion,...
ADB to provide loan for IT park in Karachi
ISLAMABAD: Asian Development Bank's (ADB) Country Director for Pakistan Xiaohong Yang on Tuesday informed the Minister of State for Information Technology (IT)...
Fake websites promoting online earning targeting the youth
ISLAMABAD: Tempting and seductive advertisements of significant online earning may be a trap by cyber-mafia to pickpocket vulnerable people, especially the youth.
Information...
Pakistan’s strengthening financial market attracts Chinese fintech giant
ISLAMABAD: As Pakistani market is attracting the attention of the Chinese entrepreneurs, a popular Chinese Fintech company, Webull, is all set to...
India’s central bank clamps down on cryptocurrencies
MUMBAI: India’s central bank barred banks on Friday from having any links to virtual currency dealers, slashing the prices of bitcoin and...
Cryptocurrencies banned in Pakistan
KARACHI: In a new development, the State Bank of Pakistan (SBP) has banned cryptocurrencies in the country.
The booming industry that has had...
Samsung Electronics projects record first quarter profit
SEOUL: Samsung Electronics Co Ltd tipped a surprise record first-quarter profit on Friday but market reaction was muted due to growing concerns...
Growth rate of IT, ITeS exports jumped 150pc in last five years: AnushaÂ
ISLAMABAD: Minister for Information Technology and Telecommunication Anusha Rehman Thursday said every possible effort was being made to enhance the growth of...
Telecom sector continues growth as mobile broadband users reach 51 mn
ISLAMABAD: Pakistan has seen a dramatic increase in the usage of mobile broadband as mobile broadband subscribers have reached a total of...
Spotify shares surge in record-setting direct listing
Shares of Spotify Technology ended up 12.9 per cent on their first day of trade on the New York Stock Exchange (NYSE),...
Wall Street, Silicone Valley observe as Spotify goes public
NEW YORK: Spotify Technology's unusual route to becoming a public company is a test case for other multibillion-dollar tech companies that are...
KASB Securities revived, plans to connect global capital with local growth companies
KARACHI:Â Khadim Ali Shah Bukhari (KASB) Securities Private Limited organised a Technology Investment Conference in Karachi to mark the launch of their brokerage...
Is OLX feeling hot under the collar?
It’s an exciting time to be in Pakistan. We are seeing it in the numbers, in the growth we are getting, and...
How technology enabled smarter usage of public transit
Raised in Pakistan and Kuwait, lived in Singapore, Washington, and New York, Azmat Yusuf had never owned a car. When he started...
Japan on the road to cryptocurrency licensing
TOKYO: Four years after popular Tokyo-based bitcoin exchange Mt Gox was hacked and went bankrupt, the case still casts a shadow over...