cutdown – SindhTribune.com

PM Shehbaz welcomes SBP’s policy rate cut-down

December 16, 2024

Southeast Asia’s IPOs poised for rebound in 2025, but clouds loom
KUALA LUMPUR — Southeast Asia’s equity capital markets reached a grim milestone in 2024, as IPO activity plunged to its lowest in nearly a decade, reflecting the headwinds battering global markets: high interest rates, volatile geopolitics and subdued investor confidence. But there are signs the region is poised for a pickup in initial public offerings…
Luigi Mangione pleads not guilty in killing of UnitedHealthcare CEO on N.Y. state charges
Luigi Mangione pleaded not guilty Monday to New York state charges in the killing of UnitedHealthcare CEO Brian Thompson, as his defense complained about police parading him in “perp walks” that are “perfectly choreographed, utterly political.” Mangione wore a white shirt under a maroon sweater and light colored pants in his arraignment before Manhattan Supreme Court…
US dollar rate in Pakistan on Dec 23 up by 15 paisa to Rs278.56
US dollar rate in Pakistan on Dec 23 up by 15 paisa to Rs278.56 ISLAMABAD: The Pakistani rupee depreciated by 15 paisa against the US dollar in interbank trading on Monday, closing at Rs278.56 compared to the previous closing of Rs278.41. As per the Forex Association of Pakistan (FAP), the dollar’s buying and selling rates in…
Pakistan to root out all forms of terrorism for peace, stability: army chief
ISLAMABAD, Dec. 23 (Xinhua) — Pakistani Chief of Army Staff Asim Munir said on Sunday that the country’s army and law enforcement agencies (LEAs) have been working towards eliminating terrorism and extremism in all their forms, ensuring the restoration of lasting peace and stability in the South Asian country. The Inter-Services Public Relations (ISPR), the…
Toyota to make Lexus EVs at first independent China plant
TOKYO — Toyota Motor will build its first independently operated plant in China and produce Lexus electric vehicles there, Nikkei has learned, in a move to take greater control of its business in the world’s biggest auto market. The Japanese automaker aims to open the factory in Shanghai around 2027, people familiar with the matter said.…
Trump says ownership of Greenland ‘is an absolute necessity’
President-elect Donald Trump shared his renewed interest Sunday in the U.S. controlling the autonomous territory of Greenland, which is owned by Denmark. “For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity,” Trump wrote in a statement announcing…
Winter camps banned in Punjab schools
Winter camps banned in Punjab schoolsWinter camps banned in Punjab schools The Punjab School Education Department has announced a complete ban on winter camps in all schools across the province during the winter holidays. The ban applies to both private and government schools, with the aim of ensuring compliance throughout the vacation period. Instead, online…
4 troops killed, 15 injured in clash in NW Pakistan
ISLAMABAD, Dec. 23 (Xinhua) — Four troops were killed and 15 others injured during a clash between security forces and terrorists in Pakistan’s northwest Khyber Pakhtunkhwa province, official sources said. The incident happened on Sunday in the rugged Tirah Valley area of Khyber tribal district of the province, where security forces conducted a search operation,…
Honda and Nissan aim to launch holding company with Honda’s leadership
TOKYO — Japanese automakers Honda Motor and Nissan Motor plan to set up a joint holding company by around August 2026, Nikkei has learned, teaming up as competition to develop electric vehicles intensifies globally. The president of the new holding company is expected to be nominated by Honda, and Honda will make up a majority…