Wednesday, December 2, 2020

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,...

UK economy extends recovery from COVID crash, growth seen fading

LONDON: Britain’s economy recovered half of its COVID-19 crash by the end of July, helped by pubs and restaurants reopening from lockdown, but the...

UAE equities attractive on low valuations

DUBAI: Investors waiting for the right moment to invest in the UAE markets need not wait any longer, as several key catalysts such as...

Pakistan, UAE anti-money laundering MoU to help meet FATF conditions

Pakistan’s envoy in the United Arab Emirates Ghulam Dastagir has said that the recently signed Memorandum of Understanding (MoU) between the two countries to...

Asia stocks stay judgment on trade talks, euro pressured

SYDNEY: Asian shares crept higher on Wednesday as the prospect of fresh Sino-U.S. trade talks drew a guarded welcome, while the euro hit lows...

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...

Asian stocks head higher on China data, markets eye Fed meeting

SINGAPORE: Asian equities extended gains on Tuesday and the dollar slipped, with investor sentiment supported by Chinese data and optimism about COVID-19 vaccines. Chinese blue...

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...

PSX operates normally despite heavy rains

KARACHI: As the metropolis underwent its fifth spell of heavy downpour and witnessed lashing rains on Thursday, the Pakistan Stock Exchange, its associated companies...

Most Gulf markets fall, UAE index up

DUBAI: The stock markets in the United Arab Emirates (UAE) closed higher, boosted by real estate and banking shares, defying the fall in other...

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