Pakistan News

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  • Europe exit dulls Britain's appeal to Asia Inc

    HONG KONG: Britain no longer looks like a sunny safe haven for Asian corporations...

    Companies from Japan to India have historically been drawn to the United Kingdom (UK) for its stable market, its openness to foreign investment, and access to the European Union
  • Education Inc. — Fake it to make it?

    We've all faked it...

    Whether once or twice or a few dozen times — be it through forced smiles or forged signatures, replicated art pieces or plagiarised papers, fake IDs or fake orgasms — we have all faked our way through social occasions, conversations, professional ladders and — if one can bring an honest admission of ribaldry here — sexual situations, where faking it is a lot more helpful than making it
  • Japan Inc — Spend, spend, spend

    The result has been a collective lunge by Japan Inc for businesses ranging from banks and niche cigarette brands to logistics companies and the Financial Times...

    But if Japan Inc has overpaid in the past 12 months the motivation for doing so seems clear: business survival...

  • Behind FT deal, a long history of money-losers for Japan Inc

    NEW YORK: Nikkei Inc’s purchase of Pearson’s FT Group raises once more the question of whether Japanese companies pay too much for overseas acquisitions...

    • Japanese brokerage No­­mura Holdings Inc acquired Lehman Brothers Holdings Inc’s European and Asian businesses in 2008, in the depth of the global financial crisis...

  • In China, Macron urges openness, pitches France Inc.

    BEIJING: President Emmanuel Macron offered on Tuesday to open up the French economy to Chinese investment in exchange for greater access to China’s booming markets, warning in talks in Beijing that existing trade imbalances would lead to protectionism...

    On the first state visit of his eight-month-old presidency, Macron is hoping greater openness from China, coupled with lobbying from the 50-strong business delegation travelling with...
  • China Inc tightens reins on debt, raises spectre of slowdown

    SHANGHAI: Debt growth for Chinese companies has slowed to the lowest rate in more than a decade, according to Reuters analysis, which could provide relief for policymakers worried about the fallout from years of loose lending practices across the economy...

    But this growing caution about taking on new debt, along with tighter profit margins and slowing revenue growth, could point to rising risks facing the world’s second largest economy...
  • NYT accuses software firm of running fake degree empire

    The lead story — Fake Diplomas, Real Cash: A Net of Made-Up Schools — by veteran reporter Declan Walsh and carried on the front page of the Times described Axact as a “secretive” Pakistani software company that offers “everything from high school diplomas for about $350, to doctoral degrees for $4,000 and above”...

    Axact employs over 2,000 people and calls itself Pakistan’s largest software exporter...

  • SBP to facilitate software exports

    KARACHI: The State Bank of Pakistan has decided to facilitate software exporters by reviewing instructions related to the export of software and removing hurdles, a circular issued by the SBP said on Friday...

    The instructions related to the exports of software are contained in F...

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