SHANGHAI (AFP) - The credit crunch and financial crisis have more than halved the combined wealth of China’s richest people, Forbes magazine said Thursday as it released its annual Chinese billionaires list. The ranking illustrates how
KARACHI - The banking system of Pakistan has escaped the major ravaging effects of recent financial market turmoil emerging from US and engulfing the developed European economies. This was stated by the Governor, State Bank of Pakistan, Dr
Oil prices fell below $92 a barrel on Monday in Asia on fears a U.S.-led financial crisis is spreading across the globe, exacerbating an economic slowdown that will cut crude demand. Light, sweet crude for November delivery was down $1.96