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China refines capital and risk management of commercial banks

BEIJING: China's banking regulator and the central bank plan to adopt a more differentiated regulatory system for assessing commercial banks' capital adequacy and risk...

Overcrowded stadium crush kills 11 people in Congolese capital

Eleven people were killed on Saturday, including two police officers, in a crash at an overcrowded stadium concert in Kinshasa headlined by Congolese singer...

Australia drops recognition of West Jerusalem as capital of Israel

SYDNEY: Australia on Tuesday reversed a decision of the previous government to recognise West Jerusalem as the capital of Israel, saying the status of...

Kazakhstan limits presidential term, renames capital

Kazakhstan's president on Saturday signed a law limiting presidential terms and reverting to the old name of the Central Asian country's capital, in the...

Islamabad reports 128 more cases of Dengue in last 24 hours

Islamabad: The federal capital faces a dengue outbreak as 128 more cases have been reported in the last 24 hours taking the total tally...

Pakistan renews call for ‘independent’ Palestinian state with Jerusalem as capital

'Pakistan continues to support a just and lasting solution of the Palestinian issue'

Indonesia eyes moving capital from congested Jakarta

Indonesia is considering a plan to move its capital away from sprawling megalopolis Jakarta

Govt to provide legal cover to capital of investors: AJK president

Sardar Masood Khan said that both the commission and investment board would give legal cover to the capital of investors in Azad Jammu and Kashmir.

Australia recognizes West Jerusalem as Israel’s capital

SYDNEY: Australia formally recognizes West Jerusalem as Israel’s capital, reversing decades of Middle East policy, but will not move its embassy there immediately, Prime...

India agrees to open waterways, rail link to Nepal capital

KATHMANDU: India agreed on Saturday to construct a rail link to Nepal’s capital, Kathmandu, and to open up inland waterways in the landlocked Himalayan...

Small plane crashes outside Philippine capital, killing 10

MANILA: Ten people died when a small plane crashed into a house north of the Philippine capital on Saturday, aviation and police officials said. The...

Govt mulling over policy to encourage people bring capital back to Pakistan: PM

ISLAMABAD: Prime Minister Shahid Khaqan Abbasi on Thursday said the government was actively working on improving ease of doing business in the country. "A policy...

Air strikes hit Yemen’s rebel-held capital

SANAA: Yemen's rebel-held capital was struck by overnight air raids that continued well into Sunday, targeting the defence ministry and a popular public square,...

Trump administration rejects World Bank capital increase

WASHINGTON: The Trump administration on Friday rejected a capital increase by the World Bank, which the Bank says is necessary to expand its global...

Softbank-Saudi Arabian tech fund becomes world’s biggest with $93 billion of capital

RIYADH: The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised...

China’s Uber rival Didi Chuxing raises $7.3 bn in new capital

BEIJING: Chinese ride-hailing app Didi Chuxing, a bitter rival of US-based Uber, has raised $7.3 billion in one of the world's largest private equity financing rounds, the company said in a statement Thursday.

USAID helping Pakistani businesses access credit

KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of Pakistan (SECP) hosted a three-day conference on non-banking finance and capital markets in Karachi which was attended by financial sector experts, government officials and business representatives.

Afghan capital university unlikely host for women’s studies programme

KABUL: A group of Afghan students gathered on the leafy campus of Kabul University this week to embark on an unlikely course - the country's first Master's degree in gender and women's studies.

Coalition strikes Yemen capital, more foreign troops reported arriving

DUBAI: A Saudi-led alliance launched more air strikes on Yemen's capital and more foreign troops were reported to be moving into the country as the campaign to rout Houthi forces intensified.

Coalition attacks Yemen capital after UAE, Saudi soldiers killed

SANAA: Warplanes from the United Arab Emirates struck Houthi targets across Yemen, state news agency WAM said on Saturday, a day after at least 60 soldiers from a Saudi-led coalition, mostly Emiratis, were killed in an attack in central Yemen.
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