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Labor lashes Coalition immigration plan as Usman Khawaja calls policy ‘appalling’

Burke says Taylor chasing votes lost to One Nation while cricket great urges opposition to admit policy would discriminate against MuslimsGet our breaking news email, free app or daily news podcastAngus Taylor’s plans to favour immigration from liberal democracies would fundamentally change the character of the nation, Labor has warned, challenging the Coalition to explain where existing deportation powers are insufficient.Home affairs minister Tony Burke lashed Taylor’s new hardline policy, whi...

Rogoff Calls Dollar 20% Overvalued, Warns Markets ‘Naive’ on War

Elevated US dollar valuations signal long-term correction risks, according to Harvard University professor Kenneth Rogoff, who also warned that investors may be overestimating the likelihood of a near-term resolution to the Iran war.

Dollar and Other Currency Rates in Pakistan Today- April 15, 2026

BusinessPakistanDollar and Other Currency Rates in Pakistan Today- April 15, 2026By Web Desk-Apr 15, 2026Karachi, April 15, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) exchange rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR). Here’s a comprehensive breakdown of today’s key currency rates for traders, importers, exporters, and remittance senders. US Dollar (USD) at PKR 278...

Sour note: China criticises local governments for ‘imprudent’ spending

China’s central government has publicly criticised several local authorities – including a relatively poor county in Sichuan province – for “imprudent” fiscal spending for the first time in an ongoing campaign urging officials to adopt a “correct view” of political performance. Among those named was a county in the southwestern province of Sichuan once ranked among the country’s poorest. Zhaojue county was said to have used transfer payments from higher-level governments to fund three tourism...

War in Iran Is Already Reshaping East Asia’s Energy Future

The war in Iran has caused the price of all kinds of commodities to surge, and that has a negative economic impact almost everywhere. But the squeeze is really being felt hard in East Asia, which is the ultimate destination for a lot of oil and gas that come out of the Gulf. And though the Strait of Hormuz may eventually re-open, and the acute pain may pass, this episode may already be reshaping the future. On this episode of the podcast we speak with Alex Turnbull, an investor based in Singapor

UAE-Azerbaijan CEPA enters into force: What trade deal means for UAE businesses

Dubai: The UAE’s trade relationship with Azerbaijan has entered a new phase after the Comprehensive Economic Partnership Agreement (CEPA) between the two countries officially came into force on Tuesday. This opens the door to lower tariffs, easier market access and fresh investment opportunities for businesses in the emirates, the UAE Ministry of Foreign Trade (MoFT) said in a statement. For UAE exporters, investors and entrepreneurs, the deal is expected to make it easier to do business with Az...

Hong Kong set to rise to No 2 global financial hub within 15 years: Paul Chan

Hong Kong’s finance chief has expressed confidence that the city will climb to at least second place in the global ranking of international financial centres within 10 to 15 years. Financial Secretary Paul Chan Mo-po said on Wednesday at the HSBC Global Investment Summit that the city provided stability and prosperity in uncertain times, citing its strong gross domestic product growth of 3.5 per cent last year, as well as robust export performance and rising private investments. “We went through...

Finance Minister Aurangzeb meets with US commerce secretary, participates in IMF panel

Finance Minister Muhammad Aurangzeb has met with the United States’ commerce secretary to discuss ways to boost bilateral economic partnership and briefed an International Monetary Fund (IMF) official about the Middle East conflict’s economic impact on Pakistan, the finance ministry said on Wednesday. Aurangzeb arrived in Washington on Monday to represent Pakistan at the World Bank Group and IMF Spring Meetings 2026. During his visit, the finance czar was expected to participate in over 50 high-...

Dubai banks step up for start-ups: Emirates Islamic launches Dh1m rewards campaign

Dubai: Dubai’s banks are stepping up support for start-ups and small businesses as entrepreneurs face tighter market conditions, with Emirates Islamic unveiling a new Dh1 million campaign aimed at helping SMEs strengthen their financial footing.The Dubai-based Islamic lender said its latest Business Banking campaign is designed to reward small and medium-sized enterprises that grow their balances, offering cash prizes to 55 business customers over three months. The initiative runs from April 1 t...

Pimco Buys All $400 Mln of Bonds Sold by Blue Owl BDC

Pacific Investment Management Co. bought all $400 million of bonds issued Monday by a Blue Owl Capital Inc. private credit fund, according to people with knowledge of the matter. The deal is a vote of confidence for a private credit industry that’s been battered by record redemption requests and deepening concerns over valuations, liquidity and transparency. Bloomberg’s Sinead Cruise reports.

India-US trade deal back in focus: Indian delegation to visit Washington next week

The agreement had originally been expected to be signed in March, but developments in the Donald Trump tariff regime following a ruling by the Supreme Court of the United States have changed the circumstances.

Norway’s Crude Exports Hit Record Value as Oil Price Soared

Norway’s crude exports surged to a record by value last month due to the outbreak of the war in the Middle East, helping to raise the country’s trade surplus to the highest level in more than three years.

180 लड़कियों को प्रेम जाल में फंसाने वाले अयान तनवीर पर तगड़ा एक्शन, घर पर चला बुलडोजर

Chinese Nickel Tycoon Taps Top Global Traders for Aluminum Push

A Chinese tycoon who helped transform Indonesia’s metals industry over the past decade is in talks with commodity trading giants Mercuria Energy Group, Glencore Plc and Trafigura Group to secure investments in his new, $3 billion aluminum smelter.

Zero tax to pay? 3 big reasons why you should still file your ITR

Zero tax to pay big reasons why you should still file your ITR

Standard Life strikes £2bn deal to buy Aegon UK

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UAE Lottery opens first retail shop in Abu Dhabi’s Musaffah

The UAE Lottery has opened its first physical retail outlet in Musaffah, Abu Dhabi, allowing players to purchase tickets in person as part of efforts to expand access to its games across the country.Located in M40, the shop enables customers aged 18 and above to buy tickets for games such as Lucky Day Draw and Pick 3, with the option to pay on-site. Staff are available to assist both new and existing players with game selection and queries.The move marks a shift from a purely digital offering to...

Russia Shuts Down $13 Billion Tax Fraud, Investigators Say

Russian investigators said they broke up an organized crime group in Moscow that was responsible for more than 1 trillion rubles ($13.3 billion) in tax losses to the state budget, which is already strained by a widening deficit.

Barratt cautions over rising build costs as Iran war sends energy prices soaring

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Virgin Atlantic hikes fares by up to £360 as fuel costs soar amid Iran war

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