HONG KONG: The planned stock market debut of the world’s biggest online finance company, Ant Group, was suspended in Shanghai and Hong Kong on Tuesday, disrupting a record-setting $34.5 billion initial public offering that highlighted China’s recovery from the coronavirus pandemic. The Shanghai stock exchange cited regulatory changes in Ant’s industry and a possible failure to meet disclosure requirements but …

Facebook and Twitter faced tests of the rules they announced to handle premature claims of victory in the United States election as they flagged some of President Donald Trump’s comments on the vote, which remained too close to call. Twitter hid a Trump tweet that said “we are up BIG, but they are trying to STEAL the Election” behind a label that …

ISLAMABAD: The government has changed the nominee rules for investors and certificate holders of National Savings Schemes (NSS) on the court orders to ensure payment of dues to ‘legal heirs’ instead of ‘nominated persons’ as required under Muslim Law of Inheritance. The finance ministry on Tuesday said the Sindh High Court (SHC), in its judgement of Aug 23, 2016 had …

ISLAMABAD: The government on Tuesday signed a $2 million grant agreement with the Asian Development Bank to strengthen efforts to combat the coronavirus pandemic. The grant financed from the Asia Pacific Disaster Response Fund will help provide life-saving medical supplies, diagnostic and laboratory facilities and other critical equipment for communities affected by the pandemic. Economic Affairs Division Secretary Noor Ahmed …

RAWALPINDI: Sugar will be sold in Rawalpindi markets for Rs84 per kilogram starting today (Wednesday), following the arrival of a consignment from Karachi Port. The provincial government released 779 metric tons of sugar to the Rawalpindi district after a month-long sugar crisis, to sell in the open market for Rs84 per kg. Sugar was being sold for Rs110 per kg …

ISLAMABAD: Pakistan’s exports grew for the second consecutive month in October to $2.066 billion, up 2.1 per cent from $2.024bn in the corresponding period last year, data released by the Ministry of Commerce showed on Tuesday. Exports in the new fiscal year started on a positive note but witnessed steep decline of 19pc in August before rebounding in September and …

• 50pc discount in tariff till June 2021 • Peak-hour charges abolished • 25pc relief on additional electricity usage for three years • Centre likely to fix wheat support price slightly over Rs1,600 per 40kg ISLAMABAD: Prime Minister Imran Khan on Tuesday announced a massive three-year relief package for the industrial sector, considerably reducing rate of commercial electricity on additional …

Singing sensation Selena Gomez has issued a final message for voting before the polling comes to an end in the US presidential race. The Rare singer pleaded with her fans and followers to go out and vote for the final time before the polls close. Turning to her social media with a video of her “begging”, Selena said to her fans: “Hey …

i Hollywood star Jennifer Aniston is urging her fans and followers to vote for one final time as polling draws closer to an end. The Friends actor, 51, had been using her social media platform to raise awareness about the election and voting and as the poling day finally began and reaches its end, she pleaded with them to exercise their democratic …

American reality TV star Kim Kardashian has been quite discreet with her endorsement in the US presidential elections this year. And while many have argued that the beauty mogul, 40, will be voting for her husband and rapper Kanye West in the ongoing race to the White House, her latest move may have cast some doubts in people’s heads. Turning …