Asia Top News and Analysis Pakistan

  • Buffett & Welch on Bin Laden Death

    Berkshire Hathaway chairman Warren Buffett and Jack Welch, former GE CEO, share their reaction to Osama Bin Laden's death and look back at how the events of September 11th moved them and the markets.

  • Markets went up in reaction to Barack Obama’s announcement Sunday night that the Al-Qaeda leader Osama bin Laden had been killed, despite uncertainties as far as what this news will mean geopolitically.

  • U.S. Dollar

    The dollar looks sad, US stocks look okay and the econony starts looking "half-full."

  • Fears of a double-dip recession are good for markets, as this will pressure global central banks to stay liquid, said Mark Mobius, executive chairman of Templeton Emerging Markets Group.

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    Military documents reflect deep suspicions among U.S. officials that Pakistan’s spy service has for years guided the Afghan insurgency with a hidden hand.  The NYT reports.

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    Pakistan will start monitoring seven major websites, including Google, Yahoo and Amazon, for sacrilegious content, while blocking 17 other, lesser-known sites it deems offensive to Muslims, an official said Friday.

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    Long before there was MoneyGram and Western Union, people in South Asian countries often used an informal network of brokers, called an "hawala," to transfer money over long distances when it was too inconvenient or dangerous to send cash by courier.

  • Faisal Shahzad

    Federal law enforcement officials offered no explanation Tuesday for how the suspect in the failed Times Square bombing was allowed to board an international flight despite being hunted by the FBI and placed on the government no-fly list.

  • Pakistan expects inflation next fiscal year to be reduced to single digits, bringing stability to the rupee, Minister for Finance & Economic Affairs, Shaukat Tarin, told CNBC on Friday.

  • From underwear screening to health care to a nuclear ultimatum from Iran, President Barack Obama has 2010 start with his agenda driven by events and not choice. This is the nature of the beast and Obama's management skills will be tested this month. Let's do a quick list of what's happening and the major questions to resolve.

  • Gold Bricks

    The International Monetary Fund's executive board on Friday was discussing selling some of the fund's gold to provide low-interest loans to poor countries and shore up its internal finances.

  • Andrew Busch

    While the loss of life in Mumbai is horrific, the financial markets are reacting by selling risk and this is manifested in selling equities and buying US dollars. We have not seen any panic running into short-term US Treasuries.

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    The International Monetary Fund has agreed to lend Pakistan $9 billion, a source familiar with the negotiations told CNBC. There will also be another meeting in November to negotiate for more aid with Gulf countries.

  • The Pakistani government will ask for $10 billion from the International Monetary Fund on Monday, CNBC has learned.

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    The Pakistani government will ask for $10 billion from the International Monetary Fund on Monday, CNBC has learned.

  • Pakistan President Pervez Musharraf.

    Nuclear-armed Pakistan's beleaguered President Pervez Musharraf announced his resignation on Monday in the face of an impending impeachment motion by the ruling coalition government.

  • Pakistan President Pervez Musharraf.

    Pakistan's President Pervez Musharraf will resign rather than face impeachment by parliament, the Financial Times said on its Web site, citing government officials and a member of his circle.

  • Malaysia

    Malaysia's largest lender, Malayan Banking, has bought a strategic stake in Pakistan's MCB Bank for $680 million, betting on a brighter economic future for the troubled frontier state.

  • Pakistani woman voter casts her vote in the conservative city of Peshawar, Pakistan on Monday, Feb. 18, 2008. Pakistanis voted Monday for a new parliament in elections shadowed by fears of violence and questions about the political survival of President Pervez Musharraf, America's key ally in the war on terror. (AP Photo/B.K.Bangash)

    Pakistani President Pervez Musharraf's opponents headed for election victory on Tuesday after voters rejected his former ruling party, raising questions about the future of the U.S. ally who has ruled since 1999.

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    India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.