ISTANBUL: According to official figures released on Wednesday, Turkey’s annual inflation rate dropped to 71.6 percent in June, the lowest level in previous months. Consumer prices peaked in May at 75.45 percent, and then they started to decline. Mehmet Simsek, the minister of finance, wrote on X that “the disinflationRead More →
BEIJING (Reuters) — China has enacted legislation to better safeguard farmers’ land rights and encourage the formation of village collectives, with the goal of bolstering the country’s struggling rural economy and achieving food security, according to official media. While all farmland in China is state-owned, farmers have decades-long land leaseRead More →
ISLAMABAD – Petroleum prices are expected to fall beginning tomorrow (October 1), since the Pakistani rupee has recovered significantly versus the US dollar. According to sources, petroleum prices have been trending downward on the international market, and it is hoped that the government would lower the costs to bring aRead More →
LONDON Reuters: After last week’s gains, the dollar climbed against the yen to an almost 11-month high on Monday, keeping traders’ attention on the chances of a Japanese intervention. After the BOJ maintained ultra-low interest rates and Governor Kazuo Ueda emphasized the need to take more time analyzing data beforeRead More →
Starting on Friday, when extensive EU regulations compel digital businesses to comply, the biggest names in technology must take action against unlawful material and maintain user safety for Europeans online. The historic Digital Services Act (DSA) requires digital companies to tighten up content policing in order to shield European usersRead More →
NEW DELHI (Reuters/Web Desk) – China’s Vice Commerce Minister Wang Shouwen said on Friday in New Delhi that India is free to join the Regional Comprehensive Economic Partnership (RCEP), adding that it will increase commerce between India and China, which is expanding “very quickly.” Reuters. The Regional Comprehensive Economic PartnershipRead More →
KARACHI: The management of Pakistan International Airlines (PIA) has chosen to pursue legal action against the workers who are protesting the national flag carrier’s privatization and asking for pay increases. ARY News was informed by sources that the PIA administration had finished its legal due diligence before acting against workersRead More →
ISLAMABAD – Protests over high power rates are taking place in major cities and towns across the country, including Karachi, Lahore, and Peshawar. Heavy bills and levies have pushed people to go to the streets following a significant hike in power costs across the country.Businessmen are protesting against the highRead More →
WELLINGTON (Reuters) – After compensation discussions failed, over 5,000 senior physicians and dentists in New Zealand will go on strike for the first time on September 5, according to the union representing the medical personnel. The Association of Salaried Medical Specialists’ chief executive, Sarah Dalton, said in a statement thatRead More →
( Web Desk) – The Cayman Islands Grand Court has granted partial relief to Infrastructure and Growth Capital Fund SPV21 (IGCF), but has also allowed the Pakistan Proceedings to continue with the Government of Pakistan via the Privatization Commission and Power Division Secretaries, NEPRA and SECP in the battle forRead More →
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