Chinese provinces issue bans on cryptomining

Authorities in China’s northwestern province of Qinghai and a district in neighbouring Xinjiang ordered cryptocurrency mining projects to close this week, as local governments put into practice Beijing’s call to crack down on the industry. China accounts for over half...

India investigates Binance unit’s crypto transactions

India’s financial crime-fighting agency said on Friday that WazirX, one of the country’s largest cryptocurrency exchanges and its directors, were under investigation for suspected violation of foreign exchange regulations. The investigation comes at a time when the...

Despite pre-budget jitters, PSX ends in green

Volatility marred the outgoing week at the Pakistan Stock Exchange (PSX) as sharp ups and downs punctuated the daily trading session amid uncertainty stemming from budget announcement. The benchmark KSE-100 index, however, finished the fifth successive week in the...

Agri stakeholders seek larger share

Agriculture, one of the major sectors of Pakistan’s economy, gets marginal share in the federal budget of 2021-22, complained agriculturists and other stakeholders. “The federal government is too late in terms of creating fiscal space for the agriculture sector in its...

WTO for speeding up vaccine delivery

The head of the World Trade Organisation said there was a pathway for a global deal to get more Covid-19 vaccines to developing countries, despite a split over whether drugs firms should be stripped of their intellectual property rights. WTO Director-General Ngozi...

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