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Category: FINANCE

Posted on June 24, 2020

Senate demands 40 amendments in Finance Bill, 2020

Senators for raise in salary, pensions, more allocation for health, education sectorsISLAMABAD: The upper house of the parliament on Wednesday unanimously adopted recommendations of the Senate Sta …

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Posted on June 24, 2020

Pakistan gets reprieve from terror financing watchdog FATF

Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session on Wednesday decided to continue all countries under scrutiny for Terror Financing and …

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Posted on June 24, 2020

Pakistan gets FATF reprieve

Pakistan received another extension on the “greylist”, as the Financial Action Task Force (FATF) plenary session on Wednesday decided to continue all countries under scrutiny for Terror Financing and …

( read original story …)



Posted on June 24, 2020

Alphabet’s CapitalG leads $27.5 million round in India’s Aye Finance

CapitalG, the growth equity arm of Alphabet, is doubling down on its bet on Aye Finance, an Indian startup that operates a digital lending platform for small businesses. On Wednesday, the …

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Posted on June 24, 2020

Small Investors in India Are Latest to Snag Beaten-Down Stocks

The resurgence in Indian equities despite the economic impact from the still-spreading coronavirus has bewildered professional investors.

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Posted on June 24, 2020

E-Tailers in India to Consider Listing of ‘Country of Origin’ Label on Products

NEW DELHI (Reuters) – E-commerce players in India such as Amazon’s local unit and Walmart’s Flipkart will consider asking sellers on their platforms to list the country of origin on products, three …

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Posted on June 24, 2020

China’s Great Wall of Finance Shows First Signs of a Crack – in Hong Kong

A day before Beijing passed a decision paving the way for its national security law for Hong Kong, the global index provider MSCI decided to relocate its financial derivative products from Singapore …

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Posted on June 24, 2020

Pompeo says China’s Africa lending creates unsustainable debt burdens

U.S. Secretary of State Mike Pompeo on Wednesday blasted China’s policy on lending to African countries, reiterating Washington’s charges that it creates unsustainable debt burdens. China’s President …

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Posted on June 24, 2020

China’s debt relief to support some stressed emerging markets: Fitch

China’s pledge to relieve the debt burden owed to it by some emerging market governments could ease near-term liquidity pressures in nations struggling with the fallout from the coronavirus pandemic, …

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Posted on June 24, 2020

U.S. Should Sanction Chinese Banks For Repression In China

China needs access to the dollar’s international plumbing system to finance its Belt and Road initiative. More than 70% of its international trade and a substantial portion of China’s incoming …

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