Thursday, July 18, 2019

Bank of America CEO calls for a cashless society

WASHINGTON: Bank of America CEO Brian Moynihan kicked off Fortune’s inaugural Brainstorm Finance conference in Montauk, N.Y., by discussing the tech-driven strides made by...

Bank stress tests need to be more stressful

LONDON: This week, the Federal Reserve will release results from its most recent round of stress tests, in which it subjected the country’s largest...

Huawei CEO holds dialogue with US tech experts

NEW YORK: Huawei founder and CEO Ren Zhengfei had a discussion with two American technological gurus, George Gilder and Nicholas Negroponte, at the company's...

US Fed leaves rates unchanged amid mixed economic signals

WASHINGTON - The US Federal Reserve left interest rates unchanged as officials weighed mixed signals on the health of the US economy and the...

Govt to welcome British investment in CPEC: FM Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Thursday said that the government would welcome British investment in China-Pakistan Economic Corridor (CPEC) project. Addressing a forum...

Mark Zuckerberg to become head of a Swiss bank

Bern: Mark Zuckerberg is about to become the head of a very big bank based in Switzerland. Libra is Facebooks’ new cryptocurrency.  Imagine sitting...

Govt, FPCCI to remove anomalies in budget

ISLAMABAD: Advisor to Prime Minister on Finance Abdul Hafeez Sheikh Wednesday invited Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to work out...

ECB policymakers divided on stimulus options

SINTRA: European Central Bank policymakers were divided, with some feeling powerless, after President Mario Draghi hinted at new stimulus measures that had yet to...

Trump continues to poke Fed as policy meet opens

Washington: With no letup in pressure from the White House, the Federal Reserve on Wednesday is set to make its latest policy announcement that...

The West’s insecurities in Sino-US tech war

Zhang Jingwei While China’s high-tech industry does not necessarily pose a threat to the United States, Huawei’s fifth-generation (5G) technology and equipment have left the...

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