China’s missing billionaire tech banker, Bao Fan
According to his company, one of China’s most prominent billionaire bankers has vanished. As of Thursday’s market update, China Renaissance Holdings still hadn’t been able to get in touch with…
Nearly $2 billion worth of Tesla stock was donated by Elon Musk.
Musk, CEO of electric car manufacturer Tesla, claims he gave away about $1.95 billion (£1.6 billion) in shares to charity in 2017. US officials were assured that the 11.6 million…
Does Japan need a new leader at the Bank of Japan to help the country’s economy?
As the prime minister of Japan announces his choice to lead the country’s central bank, it is becoming abundantly evident that the position is fraught with difficulty. Latest government data…
For fear of economic collapse, Pakistan has requested a bailout from the IMF.
With its foreign exchange reserves nearly depleted, Pakistan is having desperate talks with the International Monetary Fund (IMF) to try to avert a worsening economic disaster. As a result of…
Rupee freefalls to 268.3 against Dollars in interbank market
Rupee freefalls to 268.3 against Dollars in interbank market Forex deplete to alarming level of $3.7bn; fall enters second day after government ends control. KARACHI: The Pakistani currency kept a…