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Lowest in world: House financing in Pakistan less than half a per cent of GDP
ISLAMABAD: State Bank of Pakistan (SBP) Deputy Governor Saeed Ahmad has said that house financing in Pakistan is less than...
Australian police seize drugs worth $1m
QUEENSLAND: Police have seized about $1 million of drugs after closing a 12-month operation targeting alleged trafficking networks in Mackay...
Australian stocks 1% stronger at end of trade, S&P 200 surges 64.1pts
PERTH: The Australian sharemarket surged more than 1 per cent as a slip in the Australian dollar sparked international investor...
Louisiana investigators uncovers marijuana smuggling ring
NEW ORLEANS: Federal investigators have uncovered what they say is a massive marijuana drug smuggling ring using airline baggage handlers...
Canada, Pakistan agree on expanding bilateral trade relation
OTTAWA: Pakistan and Canada Wednesday reviewed the ways and means for expanding bilateral relations, strengthening economic, trade and investment cooperation...
India to beat China in GDP growth for second Quarter
NEW DELHI: The gross domestic product data on Friday is expected to show that the Indian economy is growing faster...
China, KPT sign pact for strengthening port, shipping connectivity
KARACHI: China and Pakistan have sign an Memorandum of Understanding (MoU) for strengthening port and shipping connectivity and establishing cooperation...
Shanghai port throughput jumps 5.4% to11.79m TEUs
SHANGHAI: Shanghai port’s total throughput rose 5.4 percent from a year earlier in the first four months of this year...
Sri Lanka appoints new committe to review port city project
COLOMBO:The Sri Lankan government has appointed a fresh committee to study the possibility of continuing a multi-million dollar port city...
Factory outlet sales in China hike in 4 months
BEIJING: Retail sales at big factory outlets in Shanghai surged in the first four months of this year as more...
China’s Cinda offers $7b in sour loans to investors
BEIJING: China Cinda Asset Management offered nearly US$7 billion in soured loans to investors in its largest-ever sale, underscoring government...
Chinese banks’ custodial assets jump 54.7% to $8.7t in 2014
SHANGHAI: Total custodial assets of China’s banking industry surged last year as banks seek to expand the business and maintain...
0.5m youth to be imparted technical training: Shahbaz
LAHORE: Punjab Chief Minister Shahbaz Sharif has said that the schemes that can directly benefit the poor should be included...
Japan wants to invest in Iran’s Chabahar Port
TEHRAN: Japanese companies are willing to make investment in development of petrochemical units in Iran’s southeastern Chabahar Port, according to...
Russia permits import of Iranian dairy, meat products
TEHRAN: Russia has given the go-ahead to dairy and poultry supplies from six Iranian companies. "We gave permission to six...
Govt urged to move from stabilisation to job-rich growth
ISLAMABAD: Renowned economist Dr Ashfaque Hasan Khan, addressing a seminar, organised by the Institute for Policy Reforms, has urged the...
Hubble captures high-speed collision in an extragalactic jet
NEW YORK: A high-speed, extragalactic jet of high velocity plasma has grown brighter over the last 20 years, and now...
Kuwait Port delegation visit UAE to explore ports development
DUBAI: A delegation from Kuwait Ports Authority (KPA) is visiting Dubai to explore developments in the ports industry and learn...
The Third Generation Experience
LAHORE: The advent of 3G and 4G in Pakistan has been transformational for the country. While the masses have stepped into...
Scotland records £1.1b food exports last year
EDINBURGH: Food exports from Scotland were worth a record £1.1 billion last year, with a surge in fish and seafood...
