karachi - A bilateral Currency Swap Arrangement (CSA) between the State Bank of Pakistan (SBP) and the People’s Bank of China (PBoC) amounting to Chinese Yuan (CNY) 10 billion and Rs 140 billion is being implemented from Tuesday after issuance of necessary instructions to banks and completion ...

BEIJING (Reuters) - France intends to set up a currency swap line with China to make Paris a major offshore yuan trading hub in Europe, competing against London, the China Daily on Saturday cited Bank of France Governor Christian Noyer as saying.Yuan deposits in Paris amount to 10 billion yuan ...

LAHORE - Sports Writers Association of Punjab (SWAP) came from behind to earn a 1-1 draw against Sports Journalists Association of Lahore (SJAL) here at the Model Town Football Academy (MTFA) ground on Thursday. Chaudhary M Ashraf-led SJAL XI gained lead through Ghalib Bajwa’s brilliant field ...

NEW DELHI : BCCI sources have indicated that that the second Test between India and England will go ahead, as scheduled, in Mumbai. There were concerns that the Test, which starts on Friday, might be moved to Kolkata following the death of the politician and Shiv Sena founder Bal Thackeray. Mumbai ...

KARACHI - Union of Small and Medium Enterprises has urged the Governor SBP for currency swap arrangements to promote trade between all ECO countries, Afghanistan, Iran Azerbaijan, Kazakhstan, Kyrgyzstan Republic, Tajikistan, Turkmenistan and Uzbekistan by entering into currency swap agreements ...

LAHORE – Since last year, the incidents of high-profile kidnappings, including those of foreigners, are on the rise in the Punjab, the country’s largest province. The phenomenal rise in that category of crime has not only shaken people’s confidence in the police, but also has ...

Pakistan and China on Friday signed a bilateral currency swap agreement to promote trade between the two countries and also further strengthening their economic ties, State Bank said in a statement. The bilateral currency swap agreement is of 10 billion yuan Chinese yuan ($1.58 billion) 140 billion ...

Addu (Maldives) (Online) - Jail term is something that usually does not figure in talks between two heads of government, but in the case of Maldivian President Muhammad Nasheed and Pakistani Prime Minister Yousuf Raza Gilani, it did. Gilani and Nasheed shared their stories while in jail during ...

Emma Bunton has told how she and fellow ex-Spice Girl Victoria Beckham have been swapping baby tips after becoming mums again just weeks apart. The 35-year-old - once known as Baby Spice - gave birth to Tate Lee Jones in May. 'As soon as we can possibly meet up, we will. But for the moment were ...

OUR STAFF REPORTER LAHORE Sports Journalist Association Lahore (SJAL) defeated Sports Writers Association Punjab (SWAP) by three wickets in a friendly fixture played here at Lahore City Cricket Association (LCCA) ground on Wednesday. SWAP team, after winning the toss, decided to bat first. They ...

ISLAMABAD - President Asif Ali Zardari Thursday emphasised upon the early finalisation of the currency swap agreement between Pakistan and China saying that such arrangements should also be made with Turkey and Sri Lanka to promote and facilitate bilateral trade with these countries. The President ...

KARACHI (AFP) - Tanvir Ahmed was 11 years old when he ran away from home and got drawn into life as a sex worker on the streets of Karachi. Now he takes art lessons and dreams of a better future. The four years I spent here were the worst. It was abused. I never knew what would happen, said Ahmed, ...

SEOUL (AFP) - East Asian nations Wednesday officially launched a 120-billion-dollar regional currency swap agreement, giving them a safety net against future liquidity shortages. The Chiang Mai Initiative Multilateralisation (CMIM) covers South Korea, China, Japan and the 10-member Association of ...

JERUSALEM  - Israel said on Sunday that five Lebanese prisoners, including Samir Kantar jailed for a triple murder, will be freed on Wednesday in exchange for the bodies of two Israeli soldiers captured by Hezbollah in 2006. "Samir Kantar and four other Lebanese prisoners - Khaled Zidan, ...