Under a plan jointly released by six financial regulators including the securities regulator, big state-owned insurance companies will be directed to raise both the size and proportion of their investments in Chinese stocks listed on the mainland and equity funds. The regulators will implement a long-term performance evaluation for state-owned insurance companies, with the annual […]
In a separate incident, two senior Iranian Supreme Court judges involved in handling espionage and terrorism cases were shot dead in the capital Tehran on January 18, Iran’s judiciary said. It said the attacker killed himself after opening fire at the judges inside the Supreme Court, and that a bodyguard of one of the judges […]
While investigators are still probing what caused Jeju Air flight 7C2216 to crash, including reported bird strikes, experts have said the massive berm that supported navigation antennas at the end of the runway likely made the disaster more deadly than it might have been otherwise. In some of the first widespread reforms announced since the […]
Trump, speaking to reporters at the White House a day after his inauguration, also warned the European Union it could face stiff levies while aiming once again at Beijing over fentanyl trafficking. “They treat us very, very badly. So, they’re going to be in for tariffs,” Trump said of the EU. “You can’t get fairness […]
“The so-called Bishop who spoke at the National Prayer Service on Tuesday morning was a Radical Left hard-line Trump hater,” Trump wrote on his Truth Social platform. “She brought her church into the World of politics in a very ungracious way. She was nasty in tone, and not compelling or smart,” wrote Trump, after attending […]
In a letter to UN Secretary-General Antonio Guterres, the government in Panama City referred to an article of the UN Charter precluding any member from “the threat or use of force” against the territorial integrity or political independence of another. The missive, distributed to reporters Tuesday, urges Guterres to refer the matter to the UN […]
According to sources, the government is likely to approve a proposal to raise the salaries of MNAs by up to 200% from the current salary of around Rs. 1.68 lac per month. The proposed salary hike will be presented to the National Assembly and Senate for approval. The government has already consulted with all coalition […]
The finance minister, in his address on the increasing global debt burden on developing economies, stated that Pakistan’s biggest issue has been the twin deficits in the current and fiscal accounts. He explained that the primary reason for the fiscal deficit is the unsustainable tax-to-GDP ratio, which stands at 9 to 10 percent. Efforts are […]
“It is simple, the commissions of inquiry used to be formed in the country under the relevant law,” PTI’s Secretary General said. He said the next round of the dialogue will not happen if the government doesn’t announce the constitution of the judicial commission. “The government first announced the commission before the next sitting took […]
As per details shared by sources, the committee will be led by the federal minister for Industry and Production, and it will consist of a seven-member team. The committee includes the minister of state for Finance and Revenue, the minister of State for Information Technology, the Federal Secretary of Finance, and the Secretary of Industry […]
