KARACHI: Foreign inflows into Pakistani debt instruments crossed the $1 billion mark this fiscal year, latest data released by the State Bank shows. Debt auctions have been attracting foreign inflows since July when interest rates hit a peak of 13.25 per cent, with the pace accelerating every month. Almost all the foreign inflows in government debt were in short-term Treasury …

ISLAMABAD: Defending the China-Pakistan Economic Corridor (CPEC), Finance Adviser Dr Abdul Hafeez Shaikh on Monday called for global awareness campaign about the multi-billion dollar programme for its real success. He was talking to journalists after attending a seminar when asked to comment on recent statements from US Assistant Secretary Alice Wells warning Pakistan about the deepening debt problems due to …

KARACHI: Good trade and investment opportunities exist in Pakistan for US investors to explore, Agricu­ltural Counsellor of United States Department of Agricu­lture (USDA) Rey Santella said on Monday. Speaking at a meeting during his visit to the Karachi Chamber of Commerce and Industry (KCCI), the USDA representative said Pakistan has faced many challenges in the past but the country has …

PARIS: French luxury group LVMH was hoping to clinch a deal to acquire US jewellers Tiffany on Sunday after bidding more than $16 billion, according to a source close to the deal, confirming press reports. The deal would cost more than $16.65 billion once debt has been factored in, said the source, confirming reports in The Financial Times, the Wall …

HONG KONG: Shares in Chinese online retail giant Alibaba soared more than six percent on their Hong Kong debut Tuesday, after raising at least $11 billion in the city´s biggest IPO in nearly a decade. Alibaba, which already is listed in the United States, had set the price for each share at HK$176, but the stock jumped 6.25 percent to …

Justin Timberlake has been all over the news lately after he was spotted allegedly cheating on his wife Jessica Biel with Alisha Wainwright. However, as per the latest intel, the singer is now regretting his action as is looking to make amends with his wife. A grapevine revealed to E! News: “They are downplaying everything and trying to laugh it …

Selena Gomez’s recent anxiety attack before her AMA performance occurred due to added pressure she placed on herself. E-News reports that Selena was not in the best mental space and found herself embroiled into a massive amount of stress ahead of her AMA performance. A source told the publication, “Selena definitely had anxiety and a panic attack before she went out …

Clothing brand AlKaram has been accused of copying a design from the album cover of South Korean band, BTS, in its latest collection. The outfit in question features a string of roses, which are a stencil copy of a cover image of one K-pop boy band. Fans in Pakistan were quick to point out the similarity. After an outrage the …

MULTAN: Stage dancer Malik Sultan Gogi was gunned by his friend in Multan’s Nazimabad area. Gogi was shot dead allegedly by his friend Haroon in his house in Mohallah Nazimabad on Monday. The accused managed to flee along with his accomplice. Gogi succumbed to injuries while being shifted to hospital.

Kim Kardashian recently revealed the reason behind deciding to quit wearing appealing clothes. She was quoted as saying, “I have kind of had this awakening myself. I realised I could not even scroll through Instagram in front of my kids without full nudity coming up on my feed pretty much all the time.” She also stated, “And I definitely contributed …