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ISLAMABAD — Two political parties in Pakistan have reached a formal agreement to form a new government following an election mired in controversy.The Pakistan Muslim League-Nawaz (PMLN) will be backed...
KUALA LUMPUR: Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the value of the ringgit should be better than what it is now due to the government’s ongoing structural reforms.
The National Treasury plans to draw down from the Gold and Foreign Exchange Contingency Reserve Account for the first time to reduce debt and associated servicing costs over the next three years.
RIYADH: Saudi Arabia’s King Salman received a written message on Wednesday from Tajikistan’s President Emomali Rahmon, Saudi Press Agency reported. The message addressed ways to bolster bilateral relations in various fields. It was received by Deputy Foreign Minister Waleed bin Abdulkarim Al-Khuraiji during his meeting with Akram Karimi, the ambassador of Tajikistan to Saudi Arabia, in Riyadh. During the meeting,...
Malaysia's ringgit reached a 26-year low as emerging Asian currencies weakened against the dollar on Tuesday, while the Chinese yuan slid after China cut its benchmark mortgage rate by more than expected, but found support from state bank buying.