Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
It was recently reported from Karachi that HSBC has decided that they are going to handover their local operations to Meezan Bank. Now HSBC has entered the list of several foreign banks who have decided to pack up their business from Pakistan. Since the beginning of the financial crisis which struck Pakistan in the year […]
China, the once streaking economy in the world is now performing less than satisfactorily, mainly because of the foreign demand in the shape of exports. It is a no-brainer now that China is an export-driven economy and domestic consumption is just a bystander in the way. However, the lack of domestic consumption is the one […]
China – Stimulus stopped so did the China’s runaway growth After car sales growth of 46 percent in 2009 and 32 percent in 2010, the maker of the squat Ben Ben mini car and Changan Star van saw a modest 3 percent rise in the first 10 months of 2011. It also watched its share […]
China’s manufacturing activity suffers due to the slowdown of global economy This is happening for the first time in last 33 months that China’s manufacturing activity has contracted to the lowest level. The official reports compiled in the month of November showed that the slowdown in the global economy has had great impact on China’s […]
Alibaba.com Q3 profitgoes up the roof with 11.9 percent increase The listed unit of Alibaba Group operates an e-commerce website that links Chinese businesses looking to sell their goods to overseas buyers. Alibaba Group, founded by billionaire Jack Ma, is 40 percent owned by Yahoo Inc. Alibaba.com’s exposure to international markets makes its turnover sensitive […]
