Pakistan is preparing to issue yuan-denominated bonds for the first time this year to support public finances, Finance Minister Muhammad Aurangzeb said, while the government remains optimistic about meeting the conditions of an IMF bailout loan. The South Asian country plans to raise $200 million to $250 million from Chinese investors over the next six … Read more
According to a report by L The Express Tribune, Pakistan has halted plans for a $300 million floating solar project aimed at generating 300 megawatts of electricity, citing the need to re-evaluate the country’s long-term energy strategy. The project, which had the potential to significantly reduce reliance on costly thermal power, was postponed after the … Read more
Munther Naqvi On the morning of September 9, 2024, in Shanghai, a delegation of Pakistani journalists embarked on an exciting journey to explore the forefront of innovation at Launch Design Shanghai. Hosted by the China Economic Network (CEN), the visit was led by Ms. Michelle (Ming Mu) from CEN Shanghai, along with her colleagues, Ms. … Read more
Seoul, South Korea — North Korea launched a new intercontinental ballistic missile on Thursday in its first test in nearly a year of a weapon designed to threaten the continental United States, days before the American elections. North Korean leader Kim Jong Un ordered the missile test and was at the launch site, calling the … Read more