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Pakistan inflation quickens to 13% in January

ISLAMABAD Pakistan's consumer price index (CPI) rose 13% in January from a year earlier, the official statistics bureau said on Tuesday, the highest in two years. In December, the inflation figure was 12.3%, the Pakistan Bureau of…

Crypto exchanges seek tax holiday

Local digital exchange operators have requested a two-year tax exemption for cryptocurrency trading, claiming the industry needs more time to generate sustainable growth momentum. The Securities and Exchange Commission (SEC) hosted an…

8 Bitcoin and Crypto Predictions For 2022

 2021 is out and 2022 is in. We are living through tumultuous times lately, to say the least, and we could do with a bit of good. Let’s see. First of all, I have to admit defeat. In my book, ´Bitcoin For Mere Mortals´ I predicted BTC price…

Asian markets bounce back from omicron sell-offs

BANGKOK Asian shares were mostly higher on Tuesday after a worldwide slump for financial markets spurred by worries about how badly the omicron variant, inflation and other forces will hit the world economy. Tokyo gained nearly 2% and…

Australia, Britain sign free trade agreement

SYDNEY Australia and Britain signed a free trade agreement Friday that will eliminate almost all taxes on exports between the countries. The FTA was signed at a virtual ceremony by Australian Trade Minister Dan Tehan in Adelaide and…

Blinken says US weighing new sanctions on Myanmar

KUALA LUMPUR, Malaysia U.S. Secretary of State Antony Blinken says the Biden administration is weighing tough new sanctions on Myanmar to pressure the country’s military leaders to restore a democratic path interrupted by a February…

How China flights near Taiwan inflame tensions

A recent spate of Chinese military flights off southwestern Taiwan has prompted alarm from the island, which Beijing claims as its own, and is increasing tensions in a region already on edge. The flights are one piece of a complex puzzle…

China, US officials hold meeting trade issues

BEIJING China and the U.S. held a virtual meeting on Saturday regarding the two countries’ fraught trade relationship, after a lengthy break in negotiations. China’s top trade negotiator Liu He referred to as U.S. Trade Representative…

Vietnam’s commercial hub back in business

HO CHI MINH Ho Chi Minh City on Friday lifted a stay-at-home order that had kept its nine million residents indoors for 3 months and devastated business in Vietnam’s economic hub. To curb a fast-spreading wave of Covid-19 — which…

Chinese hack targets Indian media, says Report

A U.S.-based private cybersecurity company said Wednesday it's uncovered evidence that an Indian media conglomerate, also as a police department and also the agency responsible for the country’s national identification database are hacked,…

2022 Honda Civic versus 2022 Toyota Corolla

The fully redesigned 2022 Honda Civic, which is now at dealerships, will definitely be of interest to several small-sedan shoppers. After all, the Civic has been one of the foremost popular cars sold in America for decades. the foremost…

4 will circle Earth on 1st SpaceX private flight

CAPE CANAVERAL, Fla. For the primary time in 60 years of human spaceflight, a rocket is poised to blast into orbit with no professional astronauts on board, only four tourists. SpaceX’s first private flight are going to be led by a…

Sri Lanka banned travel throughout country

COLOMBO, Sri Lanka Sri Lanka’s government has banned travel throughout the country for three days in an effort to contain rapidly increasing COVID-19 cases. The ban is effective from Thursday night until Monday morning. It does not…

Pakistan receives 1st vaccines through COVAX

ISLAMABAD Pakistan on Saturday received its first supply of COVID-19 vaccines through the U.N.-backed COVAX initiative, over 1.2 million doses of the Oxford-AstraZeneca vaccine. The prime minister’s special aide on health, Dr. Faisal…

Why are people protesting across Colombia?

BUCARAMANGA, Colombia Thousands of Colombians have protested across the country against a government they feel has long ignored their needs, allowed corruption to run rampant and is so out of touch that it proposed tax increases during…

Can employers make COVID-19 vaccination mandatory?

Yes, with some exceptions. Experts say employers can require employees to take safety measures, including vaccination. That doesn’t necessarily mean you would get fired if you refuse, but you might need to sign a waiver or agree to work…

‘Pandemic makes global economy more fragile’

The COVID-19 pandemic has made the global economy more fragile by affecting both supply and demand, Turkey’s trade minister said Thursday. The world has recently been facing unprecedented difficulties due to the pandemic, Ruhsar Pekcan…

UK’s Johnson to sink millions into wind power

LONDON British Prime Minister Boris Johnson is set to pledge that every home in the country will be powered by offshore wind in a decade. Johnson says a “green industrial revolution” will create hundreds of thousands of jobs. He’s sinking…

Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times. Trump, who has fiercely guarded his tax filings and…

Asian stocks retreat on lack of new Fed action

Asian stock markets declined Thursday after the U.S. Federal Reserve indicated its benchmark interest rate will stay close to zero at least through 2023 but announced no additional stimulus plans. Market benchmarks in Shanghai, Tokyo,…

Asian shares mostly higher after Wall Street gains

Shares were mostly higher in Asia on Wednesday after advances for big technology companies carried Wall Street to further gains overnight. Benchmarks rose modestly in Tokyo, Hong Kong and Seoul but the Shanghai Composite index was almost…

EU names Dombrovskis as its new trade chief

BRUSSELS The European Union’s executive commission is proposing its experienced Latvian vice president, Valdis Dombrovskis, to take over the post as trade chief of the bloc following the resignation of Ireland’s Phil Hogan.…

World shares mixed after sell-off on Wall Street

European shares opened higher on Friday and U.S. futures bounced back after a day of losses in Asia. Germany’s DAX gained 0.4% to 13,101.39 and the CAC 40 in Paris jumped 0.8% to 5,048.18. Britain’s FTSE 100 climbed 0.4% to 5,874.37. U.S.…

Asian stock markets follow Wall Street higher

Asian stock markets rose Thursday after Wall Street turned in its biggest daily gain since July despite uncertainty about the global outlook. Benchmarks in Shanghai, Tokyo, Seoul and Sydney all advanced. Wall Street’s benchmark S&P…

Asian shares mixed following Wall St retreat

TOKYO Major Asian share indexes meandered between modest gains and losses Tuesday after a retreat on Wall Street. Australia’s benchmark led the declines, falling nearly 2% as the Reserve Bank of Australia decided to keep interest rates at…

How will office life be different in a pandemic?

The office you once knew is likely to look vastly different. Companies are taking a variety of steps to keep people a safe distance apart, such as using staggered shifts or asking people to come in on alternating days. Cubicles may also…

Google, ADT partnering on home security products

Google is pairing its Nest smart home technology with ADT and buying a stake in the home security company. Google’s Nest hardware will be integrated at ADT, which does system installations and monitoring. ADT plans to begin offering…

Global markets sink after Fed virus warning

BEIJING Global markets and U.S. stock futures declined Thursday after the Federal Reserve warned the coronavirus pandemic might threaten the modest economic recovery and kept interest rates near zero. London and Frankfurt opened lower.…

World shares turn lower as virus caseloads surge

MITO, Japan World shares were mostly lower on Wednesday on renewed worries over surging coronavirus caseloads in many countries. U.S. futures also edged lower, though President Donald Trump’s statement that the pandemic will likely get…

China auto sales off 22.4% in first half of 2020

BEIJING China’s auto sales rose 1.8% in June over a year earlier but fell by double digits for the first half of 2020 after the country shut down to fight the coronavirus, an industry group reported Friday. June sales of SUVs, sedans and…

Germany finalizing plan to phase out coal energy

BERLIN Germany’s parliament was preparing Friday to pass new legislation finalizing the country’s long-awaited phase-out of coal as an energy source, over objections from environmental groups the plan is not ambitious enough. Both houses…

Asian shares slide after Wall Street retreat

TOKYO Asian shares were mostly lower Thursday, with Tokyo dropping more than 1% as the Japanese yen gained after the Federal Reserve said it would keep interest rates low through 2022. Asian markets had been expected to fall after the Fed…

Japanese carmaker Honda hit by cyberattack

LONDON Japanese carmaker Honda said Tuesday that it has been hit by a cyberattack that disrupted its business, though it expects the overall impact to be contained. The company said in a statement that it could “confirm that a cyber…

Trump exaggerations on blacks’ economic gains

WASHINGTON President Donald Trump is exaggerating economic gains for African Americans during his administration. He claims full credit for achieving the best economic figures for blacks across the board. That’s not accurate. Black…

Germany, France propose EU economic recovery fund

BERLIN The leaders of Germany and France proposed Monday a 500 billion-euro ($543 billion) recovery fund for European economies hit by pandemic. In a joint statement, German Chancellor Angela Merkel and French President Emmanuel Macron…

Twitter to label disputed COVID-19 tweets

CHICAGO Twitter announced Monday it will start alerting users when a tweet makes disputed or misleading claims about the coronavirus. The new rule is the latest in a wave of stricter policies that tech companies are rolling out to…