Thursday, July 18, 2019

IMF sees Portugal budget surplus in 2020

LISBON: Portugal should achieve its first budget surplus next year in at least 45 years, the International Monetary Fund projected on Friday, though it...

Egypt central bank keeps key rates unchanged

CAIRO: Egypt’s central bank kept its key interest rates steady, in line with a Reuters poll of economists. Of 15 economists surveyed by Reuters, 14...

T-Mobile, Sprint expected to extend deal date

NEW YORK: T-Mobile US Inc and Sprint Corp expect to extend a July 29 deadline to complete their $26-billion merger, according to two sources...

Should you buy ASX bank share for 8.3pc dividend?

Sebastian Bowen This ASX bank’s share price is up almost 15% for this year so far, and up more than 20% if you include...

Deutsche Bank under US scope over dealings with 1MDB

KUALA LUMPUR: The US Justice Department is finally investigating Deutsche Bank to see if Germany’s biggest bank violated foreign corruption or anti-money laundering laws when...

Facebook’s Libra needs central bank supervision

WASHINGTON: Social networking giant Facebook published a white paper in June laying out its plans for a new blockchain-based digital currency called Libra, which...

Slight reduction registered in Pak-Afghan trade

PESHAWAR: Former Senior Vice President of Pak-Afghan Joint Chamber of Commerce and Industry, Zia-ul-Haq Sarhadi has said that slight reduction has been registered in...

Malaysia central bank holds rates

KUALA LUMPUR: Malaysia’s central bank kept its key interest rate at 3.00%, expressing confidence that domestic demand will support economic growth at a time...

Pakistan, US for enhanced agri cooperation

ISLAMABAD: Ahead of Prime Minister Imran Khan’s visit to the United States of America, the two sides discussed measures for enhancing cooperation in the...

Pakistan to further increase electricity prices from August

ISLAMABAD: Pakistan has agreed with the International Monetary Fund to further hike the electricity tariff on quarterly adjustments basis by the end of the...

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