2015年8月14日 星期五

2015-08-15 Pakistan Business


Wall Street Journal
   
China Declares Currency Independence   
Wall Street Journal
On Tuesday China stopped supporting the yuan's tight link to the strong dollar, allowing its currency to weaken by 3% through Friday. That's not large by foreign-exchange standards—Japan's yen has fallen by 35% since 2012. Yet the yuan devaluation ...

How devaluation of yuan affects other economies   The Star Online
China adds chainsaw to economic juggling act   New Zealand Herald
Investors to look at Fed, earnings with China filter   Reuters
Daily Times   
Financial Times   
all 7,889 news articles »   


The Nation
   
SBP unveils Vision-2020 to reinvigorate financial system   
The Nation
The State Bank of Pakistan (SBP) Friday celebrated the Independence Day with the announcement of its five-year financial strategy - SBP Vision-2020 - to strengthen and stabilise financial system of the country. During interaction with media after flag ...
SBP unveils Vision-2020 on Independence Day   Daily Times
''SBP Vision 2020'' launched: Wathra explains key features   Business Recorder (press release) (blog)
SBP launches 5-year strategic vision plan 2020   Pakistan Observer
Pakistan Today   
The Express Tribune   
The News International   
all 18 news articles »   


The Nation
   
Senate body unhappy over CPEC western route funds allocation   
The Nation
The Senate special committee on China-Pakistan Economic Corridor (CPEC) expressed dissatisfaction over government's vague response about the allocations of funds for the Western Route of the corridor and Senators from the small provinces threaten to ...

Western route of CPEC: Senate Special body shows reservations over slow pace ...   Business Recorder (press release) (blog)

all 92 news articles »   


Daily Times
   
Forex reserves to surpass $20b in coming months: Dar   
Daily Times
ISLAMABAD: Finance Minister Ishaq Dar on Friday said that the country's forex reserves would cross $20 billion in the next few months. “Let me share a good news on the Independence Day that Pakistan's foreign exchange reserves would cross $20 billion ...
Dar hopes to achieve $20b forex reserves mark soon   Pakistan Observer
Foreign exchange reserves to cross $20b mark, says Dar   Pakistan Today
ISLAMABAD: Minister for Finance Senator Mohammad Ishaq Dar Friday said that ...   Business Recorder (press release) (blog)
Radio Pakistan (press release)   
all 6 news articles »   


CBS News
   
Eurozone approves Greek bailout in return for far-reaching reforms   
Economic Times
BRUSSELS: Eurozone finance ministers approved Friday a third bailout worth up to 86 billion euros to keep Greece in the single currency in return for an unprecedented package of reforms that Athens had previously rejected. Earlier Friday, Greek ...
Euro Ministers Give Blessing to $96 Billion Greek Bailout Deal   NDTV
Greece's euro partners approve billions in new loans   Times of India
Approval for €86bn bailout package in Greece   Irish Examiner

all 4,715 news articles »   


CBC.ca
   
US oil prices lift from 6.5 year lows   
Herald Sun
US oil prices have rallied a bit in a technical bounce after closing at the lowest level in six and a half years in the prior session. US benchmark West Texas Intermediate for September delivery added 27 cents at $US42.50 a barrel on the New York ...
US crude edges up from six-and-half-year low, expiring Brent dips | Reuters   Firstpost
US crude oil hits six-year low on high stocks   Daily Times
US crude edges up after 6-1/2-year low, expiring Brent dips   Business Recorder (press release) (blog)
Xinhua   
all 1,974 news articles »   


World Cement
   
Attock Cement plans $120mln investment   
The News International
KARACHI: Attock Cement Limited has planned an estimated capital outlay of $120 million to install a new plant having a clinker production capacity of 3,300 million tons/day, said a securities analyst. Sajjad Hussain at BMA Capital said currently the ...
Attock Cement reveals results and expansion plans   Global Cement
Attock Cement plans 3300 tpd clinker production line   World Cement
Attock Refinery registers 28.7% decline in earnings   The Express Tribune

all 6 news articles »   


Junior College
   
Dollar closes flat versus rupee   
Junior College
Further, market participants expect the currency to stabilise going forward given that even the fall of the yuan has slowed down after the Chinese central bank stepped up its intervention in the market and also released a statement saying that there is ...
Rupee declines   The News International

all 3 news articles »   


Reuters
   
Stocks end week lower, bruised by China yuan weakness   
Reuters
NEW YORK Equities on world bourses ended the week lower on Friday after China's currency devaluation on Tuesday shook investors, though volatility declined late in the week, suggesting markets had absorbed Beijing's surprising actions. For the week ...
European stocks have worst week in month after Chinese devaluation   Irish Times

all 501 news articles »   


Irish Independent
   
Second-biggest economy stalls as Eurozone meets on latest Greek bailout   
Irish Independent
A weak performance in the French economy dragged down the Eurozone as a whole, despite 2 A weak performance in the French economy dragged down the Eurozone as a whole, despite more optimistic figures coming out of Germany, Europe's largest ...

French growth stalls: report   Irish Examiner
Eurozone growth slows, outlook modest   The Nation
Stimulus fails to kickstart eurozone   The Times (subscription)
New York Times   
all 610 news articles »   

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