ISLAMABAD-The former head of China's insurance regulator was sentenced to 11 years in prison on Tuesday after his conviction for taking bribes, state media reported.   Xiang Junbo is one of the most senior officials targeted in President Xi Jinping's corruption crackdown.    He ...

ISLAMABAD - The United States has accused the Federal Board of Revenue (FBR) of pirating software that belongs to the US. According to a report by a local English newspaper link, this issue was raised by the Principal Deputy Assistant Secretary of State for South and Central Asian Affairs, Alice ...

KARACHI - Pakistani Rupee and Stock Exchange to bounce back further in the open market. The market commenced on a negative note this week with investors resorting to profit-taking. With coalition partners showing dissatisfaction over policies of the PTI-led Govt., lackluster momentum prevailed. ...

ISLAMABAD - Pakistan is planning to launch its first Chinese yuan-denominated bond, also known as Panda bond, in the first quarter of next year, reported a local media house. link According to details, the bond’s worth will about $1 billion, reflecting a growing demand for the country’s debt ...

MUMBAI: Indian companies get the worst blow over matches cancellations in ICC World Cup Matches. Indian insurance companies stand to lose Rs 1500-1800 million due to match cancellations following rains during three of the International Cricket Council’s (ICC’s) World Cup matches in the ...

ISLAMABAD: The government has planned to ensure access of 85,000 deserving families to quality indoor healthcare services under Sehat health card scheme in the federal capital for medical treatment of various diseases from the standard hospitals. According to an official of Ministry of National ...

RAWALPINDI: Finance Minister Asad Umar said that there was no proposal to impose new taxes amounting to Rs 190 billion. Addressing the Second All Pakistan Women Chambers Presidents’ Summit he said that all out efforts were made during the last four months to improve the economy. The ...

Federal Minister for Privatization Muhammad Mian Soomro says privatization of two power plants each at Ballocki, Okara and Haveli Bahadur Shah, Jhang, has been approved and implementation to this effect would be ensured in next seven to eight months.    Talking to media in Lahore, he said ...

Financial bids of insurance companies were opened in the presence of media in Islamabad today for provision of Sehat Cards to 14 million families across Pakistan. Federal Minister for National Health Services and Regulation Aamir Mehmood Kiyani was also present at the bid opening ceremony. Through ...

ISLAMABAD - Financial bids of insurance companies were opened in the presence of media in Islamabad today for provision of Sehat Cards to 14 million families across Pakistan. Federal Minister for National Health Services and Regulation Aamir Mehmood Kiyani was also present at the bid opening ...