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‘Shadow banks’ continue to expand worldwide

6 months, 21 days ago
MEXICO: Growth in global bond, real estate and money market funds continued to swell the world’s“shadow banking” sector, a watchdog that coordinates financial regulation for the G20 big economies said on Monday. The Financial Stability…

Pakistan ready to expand trade, economic ties in SCO region

7 months, 20 days ago
ISLAMABAD: Deputy Chairman Planning Commission Sartaj Aziz on Tuesday said Pakistan was ready to expand mutually beneficial trade, economic cooperation and connectivity in the Shanghai Cooperation Organization (SCO) region. "Pakistan…

Amazon video going global in Netflix challenge: report

1 year, 10 months ago
SAN FRANCISCO: Amazon is poised to challenge Netflix on the global stage with a massive expansion of its on-demand video streaming service, The Wall Street Journal reported on Thursday. Amazon Prime Video service is currently available…

Grab raises $750 million to take on Uber in Southeast Asia

2 years, 6 days ago
SINGAPORE: Grab, the biggest rival to ride-sharing service Uber Technologies Inc in Southeast Asia, has raised $750 million in a funding round, turning up the heat on the US firm now seeking to expand in the region after exiting China.