Malaysia's economy grew 7 percent last year, prime minister Najib Razak said, adding the Asian country could tap global bond markets this year with an Islamic issue.
Bangladesh's central bank raised its inflation forecast for the 2010/11 fiscal year to 7 percent from 6.5 percent, largely because of higher food prices. Inflation in the 2009/10 year to end-June was 7.31 percent, above the bank's target of 6.5 percent.
Quantitative easing by the Federal Reserve and other central banks cannot address fundamental economic problems but may lead to excessive global liquidity and competitive currency depreciation, China's central bank said on Sunday.
Kenyan stock market brokers will need to focus on providing additional services instead of brokering trades when a new online market system goes live in March, the Nairobi Stock Exchange's chief executive said on Thursday.
Canadian bond and money market yields are expected to rise steadily this year, but forecasts for the rise in short-term yields have come down from two months ago on dovish language from the Bank of Canada.
Canadian bond and money market yields are expected to rise steadily this year, but forecasts for the rise in short-term yields have come down from two months ago on dovish language from the Bank of Canada.
British oil giants BP and Royal Dutch Shell will unveil their annual results next week, as traders' focus switches to corporate data after a slew of key economic releases. London's FTSE 100 index dipped 0.25 percent over the past week to finish at 5,881.3
US stocks may struggle to return to firmer footing next week if anti-government riots in Egypt destabilise the Middle East, keeping investors on edge. Cautious trading could also come if earnings don't outperform and erode optimism about profits.
Pharo Management is adding the yuan share class to its flagship $3.3 billion hedge fund, convinced the Chinese currency will gain 5-7 percent against the dollar in 2011.
Pharo Management is adding the yuan share class to its flagship $3.3 billion hedge fund, convinced the Chinese currency will gain 5-7 percent against the dollar in 2011.
The yuan should not rise more than 6 percent this year as Chinese exporters will feel the pain from a stronger currency, an economist at China's powerful economic planning agency was quoted as saying on Saturday.
Investors snapped up emerging corporate debt in January, capitalising on a yield advantage over unfashionable sovereigns while retaining faith in the long-term emerging market story even as local equity prices cool.
Investors snapped up emerging corporate debt in January, capitalising on a yield advantage over unfashionable sovereigns while retaining faith in the long-term emerging market story even as local equity prices cool.
A month into 2011, one of the biggest swings in asset flows has been the outperformance of previously lagging developed market equities against once red-hot emerging ones.
A month into 2011, one of the biggest swings in asset flows has been the outperformance of previously lagging developed market equities against once red-hot emerging ones.
Fundamentals are on investors minds heading into February, with big tests in the coming week about jobs and inflation. Overall, the first month of the year has been a good one for investors willing to take on some risk.
Gulf stock markets tumbled on Sunday as investors, rattled by turmoil in Egypt and concerns the unrest may spread, quit their positions to push indices to multi-week lows. Egyptian protesters were on the streets again in central Cairo, demanding President
Mounting inflation pressures in Europe and an improving US economy prompted bond strategists to ratchet up their US Treasury, bund and gilt yield forecasts in January, a Reuters poll showed.
Japanese shares are likely to remain under pressure in the coming week after ratings agency Standard & Poor's downgraded the country's public debt, triggering profit-taking, dealers said Friday. In the week to January 28, the benchmark Nikkei index at the
Iran's parliament on Sunday officially endorsed atomic chief Ali Akbar Salehi as the Islamic republic's foreign minister, who told lawmakers the nuclear issue was a key part of foreign policy. Salehi's candidacy was endorsed by 146 of the 241 lawmakers wh
The Netherlands has frozen contacts with Iran after Tehran hanged an Iranian-Dutch woman for drug smuggling, having initially arrested her for taking part in anti-government protests. Zahra Bahrami's execution Saturday brings the total number of people ha
Twelve people were killed in a huge fire that razed some 100 houses in a poor residential area in the Philippine capital on Sunday, authorities said. Investigators said the fire at suburban Navotas city, north of Manila, began before midnight on Saturday
As the war in Afghanistan enters its 10th year the US military is shaking up its traditional training regimen to prepare troops for the country's complex battlefields. At boot camps nowadays soldiers are taught to think on their toes as they prepare for m
The Afghan government and the United Nations on Sunday agreed to stop underage recruitment by the Afghan security forces and stem a range of violations against children in the conflict.
Oman said it had uncovered a UAE spy network in the Gulf Arab state that targeted its government and military, the state news agency of the US ally reported on Sunday. Neighbouring United Arab Emirates, a regional energy, financial and tourism hub that ty
The African Union urged Egyptian President Hosni Mubarak to respond to mass protests with reforms as its leaders met Sunday to tackle the array of crises gripping the continent.
Ten people died when a regional passenger train collided with a goods train late Saturday in eastern Germany, police and firemen said. Up to 20 other people were seriously injured in the accident which happened at Hordorf near Oschersleben, in Saxony-Anha
A prominent Arab-Israeli human rights activist was sentenced to nine years in jail on Sunday after pleading guilty to spying for Lebanon's Hezbollah, ann Israeli court official said Ameer Makhoul was convicted last October of espionage and aggravated espi
Thousands of people marched through New Delhi and several other Indian cities on Sunday to protest against corruption in the country's government and state bodies. Public anger has grown over the long-standing issue of graft in India after a series of hig
At least one person was killed and three others injured in northern Venezuela on Sunday when a series of powerful explosions shook an arms depot, officials said. The arsenal is located in the city of Maracay, in Aragua state. All residents living within f
The Palestinian foreign minister said on Sunday that EU-member state Cyprus recognises a Palestinian state within the 1967 borders. Riyad al-Malki told AFP the move was "formalised" in a letter sent by Cyprus President Demetris Christofias to his Palestin
Allama Iqbal Open University and International FM-96 Radio are jointly holding a one day seminar on the title "Role of Education Broadcasters in the Eradication of Growing Tendencies of Intolerance and Violence in the Society" on Monday at Auditorium of t
Federal Minister for Women Development Dr Firdous Ashiq Awan on Sunday said that bill will soon be present in the parliament to protect the rights of "Home Based Workers" in the country. The Labour Ministry was working on the proposed bill and after asses
Punjab Chief Minister Shahbaz Sharif has said that development of resources can help achieve the goal of self-reliance and shed dependence on others for achieving a respectable status in the comity of nations.
Under CM's Sasti Roti Programme, one more free food outlet has been started at Gates Wala Chowk Satiana road which was inaugurated by DCO Naseem Sadiq here on Saturday. This free food outlet has been arranged by local philanthropist chairman Pasban IT Gro
The Meteorological department has forecast mainly cold and dry weather over most parts of the country for today (Monday). However, rain/snowfall over hills may occur at isolated places of Gilgit-Baltistan and Kashmir. Weather remained cold and dry in most
Prime Minister Syed Yousuf Raza Gilani said on Sunday that lawyers played very important role against a dictator and in restoration of democracy in the country.
The District Quality Control Board has recommended to refer 33 cases to drug court for trial against the medical stores and quacks involved in illegal act of selling spurious drugs had running clinics without qualified persons.
Pakistan Muslim League-N' central leader and Member National Assembly and an industrialist Mohammad Pervez Malik has said that the federal government should avoid increasing the prices of petrol and diesel, otherwise the tsunami of price hike would come i
Pakistan Muslim League (PML-N) on Sunday demanded judicial inquiry in Rs 6 billion alleged frauds in the National Police Foundation (NPF). Addressing a press conference, PML-N Leader Siddiqul Farooq also asked the NPF Chairman to constitute an inquiry tea
Pakistan Tehrik-e-Insaf (PTI) has expressed full support for parents of the innocent Pakistanis murdered on Thursday by US embassy's official. PTI Punjab President Ahsen Rasheed in a statement said that the whole nation was standing with the parents of in
Federal Minister for Information and Broadcasting Qamar Zaman Kaira said on Sunday that there is no concept of deadlines in politics, however, the reservations of Nawaz Sharif would be addressed and all matters would be resolved with political consensus.
Security forces killed six militants when they repulsed their attack on checkpost near Afghan border on Sunday, security forces official said. The militants fired six missiles at a security forces checkpost in Dabori area of upper Orakzai Agency. The secu
Unidentified armed men on Sunday attacked three oil tankers carrying fuel for Nato forces in Afghanistan near Wadh area of Khuzdar district and set them on fire. Local police official Juma Khan told media persons that the affected oil tankers were plying
An expected moderate rain spell in the first week of February will bring positive impact on crops, especially in the Barani areas of the country. Talking to APP, Director General of Pakistan Meteorological Department (PMD) Arif Mehmood said that three rai
Hearts of the people of Pakistan and Jammu & Kashmir beat together. The Kashmir liberation movement is in full momentum in Jammu & Kashmir state and Kashmir Solidarity Day being observed across the country and AJK has always marked an impact on the libera
Senior Advisor to Punjab Chief Minister Sardar Zulfiqar Ali Khan Khosa on Sunday presided over a meeting of prominent Ulema from all schools of thought and religious personalities held here under the aegis of Muttahida Ulema Board Punjab.
National High-ways & Motorway Police N-5 Central have started drive against over-loading. DIG Syed Ibne Hussain said this while inspecting road safety campaign and special patrolling on national highway here on Sunday.
Sudanese police beat and arrested students on Sunday as protests broke out throughout Khartoum demanding the government resign, inspired by a popular uprising in neighbouring Egypt.
Sudanese police beat and arrested students on Sunday as protests broke out throughout Khartoum demanding the government resign, inspired by a popular uprising in neighbouring Egypt.
The mayor of Chittagong city in southern Bangladesh said Sunday that he would pay hundreds of beggars a daily wage to keep them off the streets during the cricket World Cup. Manzur Alam said that about 300 disabled beggars would be given 150 taka (two dol
The mayor of Chittagong city in southern Bangladesh said Sunday that he would pay hundreds of beggars a daily wage to keep them off the streets during the cricket World Cup. Manzur Alam said that about 300 disabled beggars would be given 150 taka (two dol
Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
Prime Minister Syed Yousuf Raza Gilani has said that the policy of reconciliation was aimed at bringing about political stability in the country, which was essential for economic stability. Talking to a delegation of Multan and Dera Ghazi Khan Chambers of
US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
US House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.
Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party wanted to bring a peaceful revolution through vote and would not hesitate to offer sacrifices, if needed. He said his party wanted to establish a system in the country, which meets
Muttahida Qaumi Movement (MQM) Chief Altaf Hussain has said that his party wanted to bring a peaceful revolution through vote and would not hesitate to offer sacrifices, if needed. He said his party wanted to establish a system in the country, which meets
The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
The snapshot of money expansion of the past six years shown on the first page of the latest Monetary Policy Statement clearly depicts how the pattern changed, once the government started borrowing heavily from banking system in FY08. The tale is dismal fo
Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
Total open interest position at the futures counter declined by 3.3 percent to Rs 1.61 billion during the week ended on January 28, 2011. The futures spreads also declined by 220bps to 6.20 percent. Trading at futures counter also remained low and the ave
The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors'' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
The Karachi share market witnessed mixed trend during the week ended on January 29, 2011. Foreign investors' support continued with an inflow of $6.3 million, while local investors opted for profit taking before announcement of monetary policy.
The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
The government has decided to formulate an aggressive policy for export of horticulture products during 2011 for which all possible support will be extended to Pakistan Horticulture Development and Export Company (PHDEC). This decision was taken at a meet
The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
The Economic Co-ordination Committee of the Cabinet (ECC) has asked the Trading Corporation of Pakistan (TCP) to import 0.225 million tons of urea, on urgent basis, to meet local shortage. "TCP has been given the task to import urea as private sector has
The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
The central bank has chosen to be optimistic that the political leadership will take on economic reforms on an emergency footing following negotiations among major political parties.
Borrowing cost of private sector is bound to go up as the government shifts, albeit reluctantly, its borrowings for budgetary needs towards the commercial banks despite State Bank of Pakistan''s decision to maintain its policy rate at 14 percent.
Borrowing cost of private sector is bound to go up as the government shifts, albeit reluctantly, its borrowings for budgetary needs towards the commercial banks despite State Bank of Pakistan's decision to maintain its policy rate at 14 percent.
Borrowing cost of private sector is bound to go up as the government shifts, albeit reluctantly, its borrowings for budgetary needs towards the commercial banks despite State Bank of Pakistan's decision to maintain its policy rate at 14 percent.
South Sudan overwhelmingly voted to split from the north in a referendum intended to end decades of civil war, officials said on Sunday, sparking mass celebrations in the southern capital Juba. Thousands cheered, danced and ululated after officials said 9
South Sudan overwhelmingly voted to split from the north in a referendum intended to end decades of civil war, officials said on Sunday, sparking mass celebrations in the southern capital Juba. Thousands cheered, danced and ululated after officials said 9
After having demanded 'immediate release' of Ramyond Davis, facing double-murder charges in Lahore, the US embassy on Sunday admitted he was member of 'technical and administrative' staff but had immunity under the Vienna Convention on Diplomatic Relation
After having demanded 'immediate release' of Ramyond Davis, facing double-murder charges in Lahore, the US embassy on Sunday admitted he was member of 'technical and administrative' staff but had immunity under the Vienna Convention on Diplomatic Relation
Provincial Disaster Management Authorities (PDMAs) have locked horns with the National Disaster Management Authority (NDMA) for violation of agreements and extension in the service of District DRM co-ordinators at extremely attractive packages under the '
Provincial Disaster Management Authorities (PDMAs) have locked horns with the National Disaster Management Authority (NDMA) for violation of agreements and extension in the service of District DRM co-ordinators at extremely attractive packages under the '
The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
The parliamentary committee on oil pricing is to meet on Monday to decide about increase in oil prices, it is learnt. According to sources, the Ministry of Petroleum is mulling to absorb the rising impact of petrol prices by about Rs 5 per litre by implem
The Commerce Ministry has reportedly refused to implement the decision of the Cabinet regarding increase in age of re-conditioned vehicles, claiming that the decision is contrary to the proposal of the Ministry, sources in Cabinet Division told Busines