1 day ago
Mobiles offer financial lifeline to Asian migrants: study
The mobile phone revolution in Asia is set to have a galvanizing effect on the financial system too.
2 days ago
JI announces names for three ministries in KPK govt
Sirajul Haq, Inayatullah Khan and Habibur Rehman have been put forward for the ministries of education, zakat and finance.
31st March, 2013
SC guidelines sought for appointment of top SBP officials
Recent controversy over the appointment of a deputy governor to the SBP has prompted a citizen to file a petition in the SC to seek an order for the government to develop a transparent procedure.
26th March, 2013
ECP orders govt to de-notify SBP appointment
The ECP has taken notice of the appointment of deputy governor of the State Bank of Pakistan, allegedly in violation of its ban on fresh recruitments, and asked the govt to de-notify it.
14th March, 2013
Neelum-Jhelum Hydropower Project: Officials opposing costly loan agreement removed
The govt is likely to sign a $500 million commercial loan agreement with a foreign bank to finance the Neelum-Jhelum Hydropower Project.
14th February, 2013
India regulator freezes Sahara group assets
Sahara, a household name in India and sponsor of the national cricket team, raised 240 billion rupees ($4.4 billion) in illegal bond sales.
17th October, 2012
Mobile Phone & Smart Card banking accounts surge in Pakistan
Pakistan's financial sector is now going through a dynamic transition led by the latest technology solutions: Deputy Governor State Bank of Pakistan.
28th September, 2012
Real gifts sold on Facebook as site taps commerce potential
a feature for users to buy and send real gifts worth as much as hundreds of dollars.
9th September, 2012
Global sukuk supply less than half of demand -E&Y
Global Sukuk stands at half of investor demand, and the gap may widen unless more Islamic institutions are developed, according to consultancy Ernst & Young.
19th August, 2012
India urges state banks to increase lending for consumer durables
Industrial output in Asia's third largest economy contracted for the third time in four months in June, dragged down by a deep dip in manufacturing.
7th August, 2012
Shares hit 3-month high, euro rises on ECB hopes
World stocks hit a three-month high and the euro gained as investors drew encouragement from signs that Europe is edging toward resolving its debt crisis.
26th July, 2012
Disaster-hit Japan could use microfinance: Yunus
Nobel prize winner Muhammad Yunus said that microfinance could help disaster-struck Japan rebuild.
24th July, 2012
Asian markets edge lower on Spain woes
Asian shares edged lower following a sell-off on concerns that the weight of eurozone sovereign debt would force Spain to seek a full state bailout.
24th July, 2012
Mutual funds grow 51pc to Rs379bn
Assets under management of mutual fund industry galvanised by 51 per cent during the financial year 2012 to touch Rs379 billion.
2nd July, 2012
Asian markets edge up to extend eurozone rally
Asian markets rose, extending a rally in world stocks sparked by last week's deal to help the eurozone but negative Chinese manufacturing data weighed on investors.
20th June, 2012
Farm loans rise by 13pc
State Bank said that agricultural credit disbursement by banks surged by 13.1 per cent on year-on-year basis to Rs255 billion in the first 11 months.
15th June, 2012
Asian markets mostly up on US stimulus hopes
Markets mostly rose amid hopes that the US Federal Reserve will embark on a fresh round of stimulus while Spain's bailout fears weighed down.
13th June, 2012
Asian markets edge up as Spain, Greece in focus
Asian markets mostly rose Wednesday after a positive lead from Wall Street and Europe but gains were capped by concerns over Spain.
13th June, 2012
Efforts on to explore oil, gas in Balochistan
The government is making an all-out effort to explore new oil and gas reserves sites in different parts of Balochistan, said Mir Asim Kurd.
29th May, 2012
Shares edge up, Spanish debt curbs risk appetite
Asian shares rose on bargain hunting on Tuesday, reflecting investor nervousness as a surge in Spanish borrowing costs added to eurozone woes.