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IMF approves $3 bln bailout for cash-starved Pakistan

The International Monetary Fund's board approved a $3 billion bailout programme for Pakistan which will immediately disburse about $1.2 billion to help stabilise the South Asian ailing economy, the lender said on Wednesday. ....

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BBC presenter at centre of sex photo scandal named as lead anchor Edwards

One of Britain's leading television news anchors, Huw Edwards, was identified by his wife on Wednesday as the BBC presenter facing allegations he paid a young person thousands of pounds for sexually explicit photos, the broadcaster reported. ....

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Explainer: Why is the U.S. SEC reforming money market funds?

The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve the resilience and transparency of the roughly $5.5 trillion U.S. money market fund industry. ....

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