Sunday, August 18, 2019

BoE makes case for flexible regulation after Brexit

LONDON: Britain needs independent financial regulators after Brexit that can respond swiftly to changes in the economy and continue to nurture innovation, a senior...

BIS wants ‘level playing field’ for banks

FRANKFURT: The Bank for International Settlements (BIS), often described as the bank for central banks, has issued its annual report for 2019, expressing concerns...

Euro zone bank profitability may weaken on slowdown

FRANKFURT: Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector’s prospects, European Central Bank Vice President...

Investments to grow 15.8pc of GDP in FY 2020

ISLAMABAD: The investment to GDP ratio has been targeted by the government to grow at 15.8 percent during the upcoming fiscal year 2019-20 in...

12 foreign recruiting firms blacklisted in Pakistan

ISLAMABAD: Bureau of Emigration and Overseas Employment (BEOE) has barred twelve foreign recruiting firms from hiring Pakistani workforce due to non-compliance of employment code,...

Pakistan to get $3b in deposits, direct investments from Qatar

DOHA: Qatar is making $3 billion dollars worth of new investments in Pakistan, in the form of deposits and direct investments, said Special Assistant...

LinkedIn publishes China white paper

BEIJING: LinkedIn, the California-based professional social network, has released its China B2B Brand Globalization White Paper, which calls for more domestic companies to adopt...

Indian equities seeking growth steps in budget

NEW DELHI: A slowing GDP growth rate is a major sticking point for Indian stock markets at this point, with a delayed monsoon and...

Why cryptocurrencies are facing an uncertain future

The cryptocurrency industry's leader, Bitcoin, has been on an upward journey this year, gaining a massive 188.62 per cent year-to-date. But the road looks...

Saudi, UAE bank revenues seen pressured by US rate cuts

RIYADH: Saudi Arabia and United Arab Emirates banks may have their annual revenue estimates cut by one or two percentage points for every 25...

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