The State Bank of Pakistan( SBP) pulled a big surprise on the market when it boosted its key policy rate last week by a lot more than anticipated by analysts to contain the soaring prices and stop the consistent decline in the rupee on a growing current account deficit.... The rate increase compares with wider market expectations in the range of 75bps-100bps.... In its forward guidance, the bank has hinted at a further increase in the cost of credit going forward to achieve mildly positive rea

KARACHI: The Pakistan Stock Exchange( PSX) said on Saturday it is reverting to the previous trading

A boil water order in Plainfield that forced schools to revert to remote learning Monday was lifted

In this aerial photo released by the Chin Human Rights Organization, fires destroy numerous buildings in the town of Thantlang in Chin State, northwest Myanmar, on Dec.... 7, he told the AP, with about 50 soldiers hunting people on foot, killing 10 people including five teenagers.... " I am very upset, it is unacceptable," said the 19-year-old, who like others interviewed by the AP asked to remain anonymous for fear of reprisal....

TOKYO--Honda returned to profitability in April-June, recording a 222.5 billion yen($ 2 billion) profit, as better sales and costs cuts added to the Japanese automaker’s bottom line. Honda Motor Co. had racked up a 80.8 billion yen loss the same period the previous year, when the entire auto industry was hurt by the coronavirus pandemic. Honda's quarterly sales totaled 3.6 trillion yen($ 33 billion), up nearly 69% on year, as global vehicles sales recovered in North America.... Its motorcycle s

NEW YORK--For the first time in two years for many people, the American workplace is transforming into something that resembles pre-pandemic days. Tysons Foods said Tuesday it was ending mask requirements for its vaccinated workers in some facilities.... “ Along with increasing vaccination rates across the country, this is a positive sign we can return to the path to normal operations.” Microsoft, based in Redmond, Washington, on Monday announced plans to open its West Coast buildings on Feb...

StarPicks SHAPING THE FUTURE AT MMU The First Meeting of the Third Term of the 15th Parliament will last for 19 days until March 27....

LONDON( NYTIMES)-The British government said it was taking steps to return to its traditional system of imperial weights and measures, allowing shops and market stalls to sell fruits and vegetables labeled in pounds and ounces alone, rather than in the metric system's grams and kgs, a move it hailed as an example of the country's new post-Brexit freedoms. The plans, which Mr David Frost, the minister overseeing Brexit, announced on Thursday( Sept 17), were cheered by Brexit supporters, many of w

KUALA LUMPUR: The annulment of the Emergency Ordinance will see penalties for breaches of Covid-19 regulations and standard operating procedures( SOP) lowered to their original level, says Datuk Seri Dr Wan Junaidi Tuanku Jaafar." The annulment of the Emergency Ordinance( Prevention and Control of Infectious Diseases)( Amendments) 2021 will see the value of the penalties and compounds lowered back to their( previous) value," the Minister in the Prime Minister's Department( Parliament and Law) sa

KOTA KINABALU: Sabah can now amend its own state constitution to restore the title of Governor to Yang di-Pertua Negara, restoring the original wordings of Article 1( 2) of the Federal Constitution. Deputy Chief Minister Datuk Seri Dr Jeffrey Kitingan said Sabah will look to amend its own constitution to restore the title of the Sabah Governor from theYang di-Pertua Negeri to the Yang di-Pertua Negara." This is significant because it elevates our status compared to when we address our governor a