| Pak stocks hit all-time high | | The Karachi Stock Exchange, or KSE, on Monday hit an all-time high in the wake of the victory of the Pakistan Muslim League (N) in the May 11 general polls. | | Philippines for realty | | The philippines is an archipelago comprised of 7,107 islands — 7,108 if the sea’s at a low-tide level — with only around 2,000 of these inhabited. So saying there’s a lot of land to be developed is an understatement. | | Overseas projects set to boost Pakistan’s remittances inflow | | Pakistan expects a big boost in the home remittances inflow on the back of growing economic boom in UAE, Middle East and US-EU region. Top level banking sources project the home remittances sent by Overseas Pakistanis at more than $15 billion, through banks, alone, in fiscal year-2013 that closes June 30. | | G-7 vows to support growth | | The Group of Seven top economies is committed to “nurturing” world economic recovery, British finance minister George Osborne said on Saturday following a meeting of the international body that also pledged to further slash countries’ huge public deficits. | | Brazilian pharma exports to GCC up 73% | | Brazil exported $7.48 million worth of pharmaceutical products to the GCC in 2012, an increase of over 73 per cent compared to $4.31 million in 2011, according to figures released by the Arab-Brazilian Chamber of Commerce, or ABCC. | | US warns Japan on currency | | The United States told Japan on Friday to stick to the rules when it came to the value of its currency, setting the stage for a potentially frank meeting of Group of Seven finance ministers outside London. | | Monetary easing could drive asset bubble: IMF | | International Monetary Fund (IMF) officials say they are watching carefully for signs that massive flows of cash unleashed in world markets by unprecedented monetary easing might lead to asset bubbles, or to overheating in some emerging markets. | | India’s industrial output up 2.5% | | India’s industrial output accelerated by a surprise 2.5 per cent in March from a year ago, official figures showed on Friday, raising hopes that the country’s sharp economic slowdown may have bottomed out. | |
