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Asia’s big 3 demons: Debt, deflation, demographics

Asia’s big 3 demons: Debt, deflation, demographics

MUMBAI: Asia is battling not one but three demons. The unholy trinity of debt, deflation and demographics threatens to sap the region’s growth potential. Fending off the challenge requires central banks to cut borrowing costs. But they are reluctant to ...

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China growth hit 24-year low in 2014: AFP survey

China growth hit 24-year low in 2014: AFP survey

BEIJING: China’s annual GDP growth slowed to its weakest rate in more than two decades in 2014, according to an AFP survey, projecting further deceleration in the world’s second-largest economy this year. The median forecast in a poll of 15 ...

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80pc of CNG outlets remain shut in Lahore

80pc of CNG outlets remain shut in Lahore

LAHORE: Reopening of CNG stations in Lahore following the petrol shortage could not help in providing relief to the masses as 80 percent of the gas stations remained shut in the city. Over 100 CNG stations reopened in the provincial ...

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PSO gears up to address petrol shortage

PSO gears up to address petrol shortage

KARACHI: Pakistan State Oil (PSO) has ordered tonnes of petrol from across the country to resolve the shortage in Punjab. Spokesperson of Oil Tankers Contracters Association has said that PSO has ordered 50,000 metric tonnes of petrol from Lahore, Multan, ...

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