Shahid Javed Burki, former Vice-President of the World Bank and the Former Finance Minister of Pakistan says both nations must prioritize reviving growth.» Read More
Businesses in Karachi are facing a surge in extortion demands from criminal gangs, forcing many owners to delay new investment or to relocate their families to escape the sense of insecurity gripping the urban heart of Pakistan's economy.
NEW YORK, June 28- A Pakistani man who participated in two multi million-dollar ATM heists targeting debit card processors was sentenced in Brooklyn federal court on Friday to 18 months in prison. The cybercrimes were strikingly similar to the $45 million global ATM heist that Brooklyn federal prosecutors revealed last month, when U.S.
HONG KONG, June 26- Hong Kong shares may start higher on Wednesday after China's central bank assured markets it would provide cash to banks facing shortages, easing fears of a banking crisis.
LONDON, June 24- Hard to enter and hard to leave, frontier stock markets from Bulgaria to Pakistan have attracted investors who are in for the long haul, keeping them clear of the worst of the markets storm. More liquid emerging market stocks have slumped 15 percent since May 22, when U.S.
RIYADH, June 22- More than 1.5 million foreign workers in Saudi Arabia have changed their residence status since April ahead of a planned crackdown on illegally registered expatriates in the world's leading oil exporter, the labour ministry said on Saturday.
Marion Blakey, former administrator of the Federal Aviation Administration, and AIA's chief executive, said she was heartened by the poll, conducted by the Christian Science Monitor newspaper, but her industry needed to do a better job dispelling misperceptions about drones.
BERLIN- President Barack Obama defended U.S. anti-terrorism tactics on a visit to Berlin on Wednesday, telling wary Germans Washington was not spying on the emails of ordinary citizens and promising to step up efforts to close the Guantanamo Bay prison.
WASHINGTON, June 19- Much of Bangkok could flood within the next two decades if global warming stays on its current trajectory, as sea levels rise and cyclones intensify, the World Bank said in a new report on Wednesday.
WASHINGTON/ KABUL- The United States and the Taliban raised hopes for a negotiated peace in Afghanistan with commitments to meet this week after 12 years of bloody and costly war between American-led forces and the insurgents.
Nine owners and managers of more than a dozen 7-Eleven stores were charged Monday in a scheme to traffic in workers from Pakistan, prosecutors said.
Arvind Ramakrishnan, principal Asia analyst at Maplecroft, says that the election outcome in Pakistan is positive politically but won't bring any change on the economic front.
Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management shares his investment strategy for Asia's emerging market giants.
Omar Hamid, head of Asia analysis at IHS, talks to CNBC about the upcoming election in Pakistan and what will be important.
Pakistan's chaotic financial heart is home to 18 million people, Taliban bombers, contract killers - and one of the world's most successful stock markets.
Afghanistan's tax to GDP ratio today stands above 11 percent - ahead of neighboring Pakistan's dismal 9 percent.
A $2 trillion economy and a stock market that trades at valuations cheaper than Pakistan - Russia is struggling to gain the trust of international capital.
Startup Village wants to help engineers develop 1,000 Internet and mobile companies in the next 10 years. It provides members with office space, guidance and a chance to hobnob with the stars of the tech industry.
*Robusta hits lowest level since February, Vietnam crop weighs. LONDON, Nov 6- Robusta coffee futures on Liffe fell to a nine-month low on Tuesday with the market weighed by the prospect of a large harvest in Vietnam while ICE arabica coffee turned higher after setting a 4-1/ 2 month low.
*Robusta hits lowest level since March, Vietnam crop weighs. LONDON, Nov 6- Robusta coffee futures on Liffe fell to an eight-month low on Tuesday with the market weighed by the prospect of a large harvest in Vietnam while ICE arabica coffee turned higher after setting a 4-1/ 2 month low during the prior session.
*DOJ, SEC convinced enforcement changing corporate culture. At least eight of the world's top 10 drugmakers, including Bristol-Myers Squibb Co, Pfizer Inc and Johnson&, have disclosed U.S. probes under the 1977 Foreign Corrupt Practices Act.