Archive of 7 May 2020

Comprehensive policy be devised to resolve problems of traders: Mayor

He said this while talking to a delegation of traders called on him here on Thursday, said a statement. The Mayor said that a...

Bank of England sees worst slump in 300 years as coronavirus bites

The central bank's scenario did, however, foresee the economy bouncing back sharply in 2021 with growth of 15pc as lockdown restrictions were loosened. Both...

Country to make int’l standard masks, ventilators soon: Fawad    

He said design of seven ventilators had been approved and sent to the Drug Regulatory Authority of Pakistan (DRAP) for certificate or licence. The...

S.Africa’s rand jumps as Chinese data fuels recovery hopes, Anglo leads

The rand was 1.09% stronger against the dollar at 18.5161. JOHANNESBURG: South Africa's rand jumped on Thursday as weak business confidence data was outweighed by...

Rouble firms on global risk appetite, shrugs off new coronavirus cases

The rouble was 1.3% stronger against the dollar at 73.63 after a jittery few days amid Russia's long May holidays when trading activity usually...

Trump urges China, Russia, US arms control in Putin call: W.House

President Trump reiterated that the United States is working hard to care for Americans at home and is also ready to provide assistance to...

Dollar gains as US jobless claims back safe-haven bid

The dollar gained 0.5% against the yen to 106.60 yen, and climbed 0.3% versus the Swiss franc to 0.9776 franc. NEW YORK: The dollar climbed...

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