Switzerland Wakes to New Era After Historic Bank Merger; Employees ‘Shocked’
Switzerland awoke to a new era on March 20, 2023 after UBS swept up Credit Suisse in a government-brokered rescue…
Central Banks Try to Calm Markets after UBS Deal to Buy Credit Suisse
Some of the world’s largest central banks came together on March 19, 2023 to stop a banking crisis from spreading…
China to Continue Strengthening Cooperation with OIC
A Chinese Foreign Ministry Spokesperson Wang Wenbin said on March 20, 2023 that the Organization of Islamic Cooperation (OIC) was…
Coordinated Central Bank Action to Enhance the Provision of US dollar Liquidity
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and…
Sri Lanka Gets $3 billion IMF Bailout for Struggling Economy
Sri Lanka has secured a $3 billion (£2.4 billion) bailout from the International Monetary Fund (IMF) as it faces its…
Sterling Rises as Inflation Data Turns Heat Up on BoE
Sterling jumped on March 22, 2023 after data showed UK price pressures picked up a lot more than expected in…
Pakistan Earns $1,523 million from IT Services’ Export in 7 Months
Pakistan earned US$ 1,523.3 million by providing different Information Technology (IT) services to various countries during the first seven months…
The Directorate General of International Taxes, FBR, Received Global Forum’s (OECD) Assessment Team at FBR Headquarters in Islamabad
The Directorate General of International Taxes, Federal Board of Revenue, received Global Forum’s (OECD) Assessment Team at FBR Headquarters in…
The SAPM on Youth Affairs Emphasizes the Importance of Women Empowerment
The Special Assistant to the Prime Minister (SAPM) on Youth Affairs, Ms Shaza Fatima, emphasized the importance of woman’s economic…
Export of Sports Goods Increases 18.3 percent in Eight Months
The export of sports goods from the country witnessed an increase of 18.3 percent during the eight months of FY23…