Tag: Zone

Pakistan’s tribal zone side fight for level playing field

They have lived under the shadow of drone strikes and loved ones lost to Taliban suicide bombers, but Pakistan’s tribal zone cricketers refuse to...

Manila proposes autonomous zone for Muslims

New region will also get larger revenue shares, including 75 per cent of national taxes, fees and charges collected by the government in the...

Developing Sindh – two economic zone at a time

Sindh’s KorangiCreekIndustrial Park and BinQasimIndustrial Park given SEZ status Under the leadership of Sindh Chief Minister Syed Qaim Ali Shah, the Sindh government has been...

The euro zone’s delayed reckoning

The risks facing the euro zone have been reduced since the summer, when a Greek exit looked imminent and borrowing costs for Spain and...

Global shares fall on US fiscal worry; oil up on China

China's vast manufacturing sector expanded in early December at the fastest pace in 14 months as new orders and employment rose, a survey showed,...

Dollar climbs vs euro on US jobs data; Fed eyed

The dollar had soared immediately after the headline data for November stoked speculation that the U.S. central bank may opt for a smaller stimulus...

‘The euro is a currency with a state’

Praising the deal reached earlier this week to reduce Greece's debt burden as an unprecedented commitment by euro zone governments to keep the crisis-wracked...

US deadlock, data cap global stocks; euro gains

The euro fell to session lows against the dollar after data on U.S. consumer spending and income fell short of expectations, though it later...

EU leaders warn budget deal far off

European leaders voiced pessimism Friday on reaching a deal on a trillion-euro EU budget, as gruelling talks pushed into a second day with little...

Greece: Lack of deal ‘threatens euro’

The failure of eurozone ministers to reach a deal to give Greece its latest bailout payment threatens the whole bloc, leaders have said. Following nearly...

Greece: Eurozone ministers to make crunch decision

Eurozone finance ministers meet later to decide whether to release the next 33bn euros ($42bn; £27bn) of bailout cash needed by Greece to stay...

S&P downgrades ABN Amro, Rabobank

Standard & Poor's downgraded Dutch banks ABN AMRO, Rabobank and others Friday citing their exposure to a deeper economic slump in the Netherlands and...

France bank chief says end of euro would be ‘disaster’

Bank of France governor Christian Noyer said Friday the euro is here to stay and warned that its disappearance would be an "absolute disaster". The...

Moody’s to review Cyprus for possible downgrade

Rating firm Moody's said Friday it would review Cyprus for a possible downgrade, citing dragging bailout talks with international lenders on an aid package....

Euro at two-month low versus dollar on European growth concerns

The U.S. dollar and the yen advanced, while the Australian dollar weakened, as investors shed growth-linked currencies in favor of safe havens. Growth in Germany,...

Crude up in Asia on bargain-hunting

Crude prices bounced on bargain-hunting in Asia Thursday after suffering big losses in New York where dealers were spooked by concerns over the...

Euro weak in Asia ahead of ECB meeting

The euro weakened in Asia Thursday as markets looked to a European Central Bank meeting as the next key trading peg after the US...