Category: 3. Business

ISLAMABAD – Lieutenant General Asif Ghafoor, the former director general (DG) for Inter-Services Public Relations (ISPR), and ex-spokesperson of armed forces bids farewell to military service after a glittering career. Ghafoor, 57, got an emotional farewell from associates for leaving a legacy of strategic leadership and dedication. He was recently serving in National Defence University……

Listen to article … Continue Reading News Source: tribune.com.pk

SEOUL: South Korea’s central bank warned that the pace of growth of household debt in Asia’s fourth-largest economy could accelerate in the current interest rate easing cycle and urged the government to impose macroprudential measures to curb growth. “Easing of financial conditions is expected to accelerate household debt growth, but macroprudential measures could help curb…

KARACHI – The Central Directorate of National Savings or Qaumi Bachat has once again decreased profit rate on Regular Income Certificates, with effect from December 10, 2024. The Pakistani government launched the Regular Income Certificates (RICs) with a maturity period of five years in 1993 to cater the monthly requirements of the general public. The…

BANGKOK: The Thai baht was mostly unchanged against the US dollar on Tuesday. By 0206 GMT, the baht was 0.09% higher at 34.25 versus the dollar, after trading in a range of 34.215 to 34.300. Thai baht weaker vs US dollar at 0225 GMT It ended the previous session at 34.28 per dollar, as per…

TOKYO: Japan’s Nikkei share average fell on Tuesday, giving back some of the previous session’s gains, with trading largely lacking direction in a holiday-thinned week. Honda stood out with a more than 13% surge that dwarfed moves elsewhere on the benchmark index, after announcing a share buyback following market close on Monday, when it also…

BEIJING: Dalian iron ore futures gained for a second straight session on Tuesday, supported by pre-holiday restocking by steelmakers in top consumer China, although fresh environmental restrictions in the northern region capped the gains. The most-traded May iron ore contract on China’s Dalian Commodity Exchange (DCE) rose 0.19% to 774.5 yuan ($106.12) a metric ton…

In a recent update, Pthe akistan Meteorological Department (PMD) predicted showers and snowfall in Murree, Galliyat, and parts of Kashmir and Gilgit-Baltistan this week. Met Office said the hill station witnessed a minimum mercury of -1°C and a maximum of 8°C as snowfall attracted tourist traffic. To manage the influx, City Traffic Police deployed hundreds…

Gold prices edged higher on Tuesday, as investors braced for a less aggressive path of interest rate cuts from the Federal Reserve next year, in a holiday-truncated trading week. Spot gold ticked up 0.1% to $2,616.13 per ounce, as of 0307 GMT. US gold futures steadied at $2,629.80. Trading volumes will likely thin out as…

DUBAI – Emirates ID is the UAE Government-issued identity card for the citizens and residents. It is mandatory for all UAE citizens and residents, including Pakistan and Bangladesh nationals, to keep a valid Emirates ID with them. The identity document can be used to get government services, as a travel document for UAE citizens to…