For investors who have enjoyed borrowing dollars cheaply to fund trades into higher yielding currencies and other assets, the futures market has a message - the party may soon be over. Interest rate futures suggest

Read More

Beijing, faced with soaring domestic oil demand at a time of uncertain global supplies, is prepared to dig into state coffers to create China's first strategic oil reserves, industry sources say. The Asian economic powerhouse,

Read More

China's red-hot economic growth is slowing and inflation may be peaking, but analysts say Beijing won't relax a tough tightening policy any time soon. While controls on lending and investment are likely to stay in

Read More

The Pakistan Vanaspati Manufacturers Association (PVMA) and Central Board of Revenue (CBR) are on a collision course on the issue of delay in payment of sales tax refund pertaining to 2002-03. The PVMA said that

Read More

The Pakistan Vanaspati Manufacturers Association (PVMA) and Central Board of Revenue (CBR) are on a collision course on the issue of delay in payment of sales tax refund pertaining to 2002-03. The PVMA said that

Read More

A bomb blast shattered marriage celebrations in a remote village on Sunday, killing two children and a woman and wounding 30 people, police said. The groom's house was packed with guests when the explosion occurred

Read More

Mushtaq Malik, Minister (Economics), Pakistan Embassy, on Sunday said, "continuity and stability of economic reforms policy" has started giving dividends to the nation, "as economic turnaround in Pakistan remains unmatched." He referred to the positive

Read More

The president of Japan's UFJ Holdings Inc has flatly ruled out a potential change in its merger partner to Sumitomo Mitsui Financial Group Inc (SMFG), according to media reports Sunday. "We have no intention at

Read More

China Unicom, China's No 2 mobile operator, will launch dual-mode handsets on Thursday in an effort to boost the revenue it gets from data service, as competition heats up in the world's biggest cellular market.

Read More

When America votes, the world's problems go on hold, according to conventional wisdom. The onset of the US presidential election campaign every four years, so the theory goes, creates a diplomatic vacuum in which rogues

Read More