Tuesday, March 2, 2021

Bitcoin mining profits skyrocketed 24pc

LONDON: United Kingdom bitcoin (BTC) mining operator Argo Blockchain surpassed its own expectations in Q2, the company said in a new report released on...

Tech shares lead as Wall Street monitors stimulus talks

NEW YORK: Technology shares led US stocks higher Thursday as markets weighed mixed economic data and the odds of a last-ditch effort in Washington...

SWIFT expanding presence in China

LONDON: SWIFT, the global financial messaging service platform, is accelerating its localization in China given the backdrop of increasing Chinese financial market liberalization, its...

WB’s ICSID considering Pakistan’s appeal to reverse $6bn penalty in Reko Diq case

The World Bank’s International Center for Settlement of Investment Disputes (ICSID) is considering Pakistan’s request to annul the 2019 ruling in favor of Tethyan...

Europe rallies as bond yields plough new lows

LONDON: Action on world markets focused on bonds on Wednesday, with a fresh slide in benchmark debt yields on simmering global trade war and...

BB Energy completes investment in Pakistan’s Euro Oil

BB Energy, one of the world's leading independent energy trading companies downstream division has completed its investment in Pakistan-based trading company Euro Oil. “The investment...

Pakistan stocks slide below 30,000 level

KARACHI: The benchmark KSE-100 index extended losses dipping 539 points (1.8 per cent) to close at 29,783, falling below the psychological level of 30,000. The...

Bank of England says regulators must keep ahead of stablecoins

LONDON: Financial regulators must avoid playing catch up with digital payment methods like stablecoins and crypto-assets, Bank of England Governor Andrew Bailey said on...

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...

Pakistan’s remittances continues strong trend, remain over $2bn in Sept

The trend of strong workers' remittances continues in September as they remained above $2 billion for the fourth consecutive month. They increased to $2.3 billion,...

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