BEIJING , (Reuters) – According to a State Council proposal given to parliament on Tuesday, China would reorganise its science and technology ministry to direct more resources on significant achievements, with the objective of advancing quicker towards self-sufficiency. The restructure of the central government ministry is part of a reformRead More →
(Reuters) – Airwallex, an Australian fintech startup, said on Tuesday that it has acquired Chinese company Guangzhou Shang Wu Tong Network Technologies in order to get an online payment business licence in China. The Tencent-backed company also announced that it has become a third-party payment provider in China, giving itRead More →
KARACHI (Reuters) – According to the lender’s resident representative, Pakistan would be asked to provide evidence that its balance of payments deficit is adequately covered for the remainder of an IMF programme. The external financing is one of the last steps the lender wants Islamabad to take before clearing cashRead More →
ISLAMABAD: According to a report released on Friday by the Pakistan Bureau of Statistics (PBS), textile exports totaled $10,039.743 million for the first seven months of the current fiscal year (2022-23) As compared to the exports of $10,933.059 million during the same time previous year, the textile exports during theRead More →
The Chinese billionaire chairman of investment bank China Renaissance has gone missing, according to the business, whose shares fell in Hong Kong on Friday. Bao Fan, who is also the bank’s executive director, is a significant player in the Chinese IT sector and has been instrumental in the birth ofRead More →
Reuters reports Most Asian currencies sank to their lowest levels in more than a month on Wednesday, as the dollar strengthened following consistently strong US inflation data fueled expectations of more Fed rate rises. While the monthly decrease in the headline consumer price index was expected, the annual rate ofRead More →
LAHORE (Web Desk) – The administration is going to dump another gasoline price increase bomb on an already struggling populace. Due to the exchange rate of the US dollar, the price of petroleum goods may rise by more than Rs32 a litre beginning on February 16 (tomorrow), sources informed ChannelRead More →
ISLAMABAD – The International Monetary Fund (IMF) negotiations with the government were finalised on Thursday after Prime Minister Shehbaz Sharif gave his approval. According to sources with knowledge of the event, the IMF team met with PM Shehbaz Sharif via video connection. Through a video hookup, PM Shehbaz spoke withRead More →
(Reuters) Integral Ad Science (IAS.O) and DoubleVerify Holdings Inc. (DV.N) will collaborate with Twitter Inc. to give marketers with tweet-level research on material that appears next to their adverts, the firms said on Wednesday. Technology is used by companies like IAS and DoubleVerify, which have both worked with Twitter inRead More →
KARACHI – Ishaq Dar, the finance minister, came under fire on Thursday from PML-N leader and financial czar Miftah Ismail, who said that his actions have only hurt Pakistan. Speaking to a private news outlet, the former finance minister said he was unaware of the circumstances behind Mr. Dar’s appointmentRead More →
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