Sunday, January 19, 2020

Asia Business

Pakistani bourse echoed global stock markets, touches 17-month high levels

Pakistani bourse depicted a mixed trend during the outgoing week with the benchmark KSE-100 index witnessing some weakness at the beginning of the week amid rising conflict between Iran and the US. Sentiments further worsened mid-week given Iranian strike...

Turkey: Unemployment rate reaches 13.8 percent, up by 2.4 percent

The Turkish Statistics Center announced the Unemployment rate in September 2019, and based on these data, the unemployment rate reached 13.8%, up by 2.4% in September. The Turkish Statistics Center has announced in its figures that the rate of unemployed...

Chinese PMI climbs 50.2 points in November

Chinese Industries surprisingly grew again in November for the first time in seven months. The PMI, published by the Statistics Office on Saturday, climbed to 50.2 points. This is the highest value since March. From 50 points, growth is signaled....

BMW and Great Wall pushes electric car production plan in China

Automaker BMW and Great Wall push their plan for the production of electric cars especially in China. In the long term, around 160,000 electric vehicles from the BMW Mini and from Great Wall are to roll off the production...

Moscow wins best tourist destination in the world

The city of Moscow has won the World's Best Tourist Destination Award in a competition in which New York City, London, Paris, Sydney, Rio de Janeiro and Lisbon took part, Russia Network reported Thursday. "We have been awarded the most...

Microsoft: Four-week work program brings positive signs in Japan

Radical attempt of Microsoft in Japan for introducing a short four-week work has proven effective in boosting sales and savings. The radical idea was implemented by the US IT giant Microsoft in Japan, which has been working hard to close...

Dr Baqir: SBP to make one million new merchants in 2020

Dr Reza Baqir, the governor of the State Bank of Pakistan (SBP) announced on Friday that the central bank plans to make one million new merchants in 2020. A micro-payment gateway is in making which would provide facilities to...

Dr Mahathir: Malaysians are highly regarded in foreign countries

Malaysian Prime Minister Dr. Mahathir bin Mohamad said that the advantages of Malaysians working in foreign countries as professionals and having certain skills and abilities make them highly regarded. The prime minister said at this time many Malaysians working in...

China wants more talks before signing first phase of a trade deal with Trump

China is willing to hold talks at the end of October at the earliest to finalize the details of the first phase of a trade deal that US President Donald Trump has outlined before Chinese President Xi Jinping agrees...

Germany supports energy and health projects in Pakistan with 22.4 million euros

Pakistan and Germany have signed an agreement under the German-Pakistani Development Program, under which Berlin will provide 22.4 million euros in financial aid to support energy, health and economic development projects in Pakistan. The signing ceremony was held at the...

Latest News

Mother cries beside her son’s coffin, among the victims of Ukrainian plane crash

A mother cried during the funeral of her son, one of the victims of the Ukrainian plane, which was...

Austrian Freedom Party asks government to provide clarification on cyber attack

Herbert Kickl, head of the Austrian Freedom Party, asked Federal Chancellor Sebastian Kurtz to provide urgent clarifications about the cyber attack to the Foreign...

NASA: 2019 Was the 2nd-Hottest Year on Record

According to independent analyses by NASA and the National Oceanic and Atmospheric Administration (NOAA), Earth's global surface temperatures in 2019 were the second warmest...

Canada: New driving laws will take effect from February 01

Police sources have confirmed that Canada’s new driving laws, which received royal assent earlier this year, will officially take effect in every province on...

Justin Trudeau: Black boxes of the stricken Ukrainian plane must be sent to France

Canadian Prime Minister Justin Trudeau urged Iran on Friday to send the record of the cockpit talks and flight data of the Ukrainian plane...