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Latest News on Business, Finance and Markets from Pakistan
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News
South African rand steady as investors await central bank guidance
1+ mon, 3+ week ago (251+ words) JOHANNESBURG: South Africa’s rand was steady in early trade on Monday ahead of this week’s monetary policy decision from the South African Reserve Bank, with higher oil prices and elevated risk aversion limiting its ability to benefit from a softer…...
South African rand firms ahead of key manufacturing data
2+ mon, 5+ day ago (173+ words) JOHANNESBURG: The South African rand firmed in early trade on Thursday ahead of local manufacturing production data due later in the session, even as oil prices rose and the dollar remained firm following renewed US-Iran tensions. At 0624 GMT, the rand…...
China rejects US criticism of pressure on Taiwan flight permit
4+ mon, 2+ week ago (347+ words) BEIJING: China’s foreign ministry on Thursday said it firmly opposes Washington’s criticism of Chinese pressure on some African countries to revoke overflight clearances for Taiwan’s president. Taiwan this week said the Seychelles, Mauritius and Madagascar unilaterally revoked flight permits for…...