Nepal’s grit wins applause

Nepal’s heroic performance against two-time champions England in their opening game at the Twenty20 World Cup on Sunday received widespread praise from cricketing corners, with former South Africa pacer Dale Steyn offering his services to the tier-two member of the International Cricket Council. Nepal missed out on a famous group stage win by four runs […]

Moody’s revises Pakistan banking sector outlook from positive to stable

International credit rating agency Moody’s has revised Pakistan’s banking sector outlook from positive to stable. According to Moody’s outlook report, Pakistan’s economic conditions are gradually improving, although the pace of recovery remains slow. The report states that banks’ performance is expected to remain stable over the next 12 to 18 months. The report also highlights […]

South Korea watchdog says tougher crypto rules needed after $40 billion giveaway

South Korea’s financial market watchdog said on Monday local exchange Bithumb’s unintentional giveaway of more than $40 billion in bitcoin to customers raises the need for tougher regulations to address the vulnerabilities of cryptocurrencies. The cryptocurrency exchange said on Saturday it had accidentally given away the bitcoin to customers as promotional rewards, triggering a sharp […]