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1-10 results from 1000 for query «dollar»

February 18, 2018 12:00 AM Uber plans to sell SE Asia business

SAN FRANCISCO: Uber Technologies is preparing to sell its Southeast Asia ride-hailing business to Singapore-based Grab in return for a substantial stake in the company, CNBC reported, citing two sources familiar with the matter. No deal has been reached yet and the timing of any deal is uncertain, the report said. Reuters reported in November that SoftBank 5

February 16, 2018 6:18 AM 'Mentally disturbed' Florida suspect confesses to carrying out shooting that killed 17

The teenager accused of using a semi-automatic rifle to kill 17 people at a Florida high school confessed to carrying out one of the nation's deadliest school shootings and carried extra ammunition in his backpack, according to a sheriff's department report released on Thursday. Nikolas Cruz told investigators that he shot students in the hallways and on the grounds 3

February 13, 2018 12:00 AM Rupee unchangedBy our correspondent

The rupee stayed flat against the dollar in the interbank foreign exchange market on Monday, dealers said. The rupee ended firmer at 110.55/dollar, unchanged from the previous closing level. Currency dealers said the market was in the narrow-range. The rupee started on a stable note. However, the domestic unit moved down to 110.57/58 in an intraday trade 4

February 13, 2018 12:00 AM Remittances rise 3.55pc to $11.383bln in July-January

KARACHI: Workers’ remittances increased 3.55 percent to $11.383 billion during the first seven months of the current fiscal year (July-January), while on month-on-month basis, it fell 4.93 percent to $1.638 billion in January from the previous month, the central bank data showed on Monday. The rise in remittances can be attributed to continuous surge 6

February 11, 2018 1:37 AM Dollar falls on low demand

KARACHI: Falling demand for dollars in the open market has pushed its price below the target set by the State Bank of Pakistan (SBP). The dollar traded as low as Rs111.20-Rs111.50 in the open market on Saturday - its lowest since touching the record high of Rs113. Earlier, the SBP asked the representatives of the exchange companies to bring down the dollar 2

January 31, 2018 12:00 AM Offshore assets’ repatriation: Govt exploring ways toprotect owners’ confidentiality

ISLAMABAD: The government is exploring options for passage of a proposed amnesty scheme with the approval of parliament in order to protect the confidentiality of those benefiting from the scheme. The amnesty scheme is entitled Foreign Asset Declaration Scheme (FADS). In order to remove concerns of owners of offshore assets, the government is considering 11

January 12, 2018 12:00 AM Jang Economic Session: Take cautious approach to ventures with China: experts

LAHORE: There is no harm in cementing financial ties with China in the wake of changing relations with the US but concerns of business community and financial experts should be addressed before bringing Chinese Yuan on a par with the US dollar for Sino-Pak trade. These views were expressed by experts in a Jang Economic Session on 'Chinese Yuan vs US Dollar 8

January 6, 2018 12:00 AM Jang Economic Session: ‘Oil inflation to harm govt before election’

LAHORE: Inflation in election year will increase political instability and problems for the government as popularity of the government declined with growing economic issues of public and industries. These views were expressed by the experts in Jang Economic Session on ‘Increase in petroleum products prices increase inflation’. The panellists were Irfan 6

January 2, 2018 2:00 AM SBP move likely to cause dollar shortage in open market

KARACHI: The State Bank of Pakistan (SBP) has decided to cut the import requirement of cash dollars to 35 per cent against the export of foreign currencies, creating fears about a shortage of the greenback in the open market. The central bank issued a circular on Monday that asked exchange companies to bring only 35pc cash dollars as opposed to 100pc against 6

December 11, 2017 12:00 AM Kohli, Anushka set to marry in Italy

NEW DELHI: India cricket captain Virat Kohli is set to marry long-time girlfriend and Bollywood actress Anushka Sharma in a much-anticipated wedding in Italy this week, according to media reports on Sunday. Rumours started swirling when Kohli pulled out of India’s limited-overs matches against Sri Lanka and Sharma also ducked out of her busy acting schedule 4