Latest Bank Headlines and News updates

Malaysian Prime Minister Mahathir Mohamad to scrap China-backed $22 bn projects

Malaysian Prime Minister Mahathir Mohamad confirmed during a visit to Beijing on Tuesday that three China-backed projects totalling $22 billion will be cancelled until his country can find a way to pay its debts.

Senator Paul Says Probe Into Russia's Alleged Meddling in US Election 'Highly Political'

US Senator Rand Paul has said that the investigation into Russia's alleged meddling in the US election in 2016 was "highly political," noting that some US media outlet had become too "fixated" on the Russia issue.

Khushhalibank selects IRIS payment platform for Digital Transformation

Jury Deliberations for Manafort Trial Head Into Overtime - Reports

California Man Admits in Court Not Disclosing Over $1Mln in Israeli Bank - Justice Dept.

Sindh Cabinet decides establishment of desalination plant in Karachi

The new Sindh Cabinet in its maiden meeting on Monday decided to establish a desalination plant to provide drinking water to people of Karachi.

State Bank of Pakistan's 3rd training workshop on Sept.3

State Bank of Pakistan's third training workshop for economic journalists on "Covering Currency Markets" will be held on September 3, which will be participated by print and electronic media journalists.

Tesla shares fall again on doubts about go-private deal

Tesla Motors dropped in early trading on Monday due to rising doubts about Chief Executive Elon Musk's plans to take the electric carmaker private.

US Urges Venezuela to Allow Humanitarian Aid Flow for People in Need - Pence

The United States calls on the government of Venezuela to let the flow of humanitarian assistance into the country, US Vice President Mike Pence said in a statement on Monday.

Bank accounts of non-filers not frozen by FBR

Federal Board of Revenue (FBR) Monday said it had not issued any instruction regarding freezing of bank accounts held by non-filers.

Inter-provincial gang busted in Multan

Police claimed on Monday to have busted a five-member inter-provincial Noushad alias Noshi gang allegedly involved in a bank heist of Rs 6.9 million in industrial area on July 11, in the precincts of Muzaffarbad Police Station.

EU to Assess Post-Bailout Program Situation in Greece in September - Commissioner

The European Commission is launching a monitoring mission to assess the economic situation in Greece now that its program of external financial assistance has ended, for which a special group will be sent to the Greek capital of Athens in September, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Monday.

End of Greece's Bailout Occasion for Reflections, Not Celebrations -Commerce Confederation

Eight years of economic crisis in Greece left 920,000 employees and 244,000 entrepreneurs without jobs and the day of Greece exiting the EU bailout program should be a day for reflection rather than a day for celebrations, President of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE) Vassilios Korkidis told Sputnik on Monday.

Inter-provincial gang busted from Multan

Police claimed on Monday to have busted a five-member inter-provincial Noushad alias Noshi gang allegedly involved in a bank heist of Rs 6.9 million in industrial area on July 21, in the precincts of Muzaffarbad Police Station.

Greece on post-bailout 'new chapter' but doubts remain

Greece turned a page on eight years of spending cuts and three straight international bailouts on Monday as experts warned that the country's economic challenges are far from over.