Staff members of the Asian Development Bank step out of the Manila-based lender’s headquarters. — AFP/FileReforms, stronger reserves backing economic outlook: ADB.ADB head says risks growing for developing Asia, Pacific region.Middle East conflict slowed economic activity in…
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Oil rises as uncertainty mounts over lasting US-Iran truce
Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. — ReutersSaudi tankers carrying 6m barrels pass through Hormuz safely.Iran-US deal expected to release stranded Gulf oil supplies.Lifting sanctions on Iranian oil could…
Pakistan mutual fund assets rise to Rs3.9 trillion in six years
A currency dealer counts Rs5,000 notes. — AFP/File
Mutual fund assets peak Rs4.43tr Dec 2024, drop to Rs3.93tr June 2025.SECP links decline to govt tax policy, temporary bank-driven fund shift.Retail investors hold 39.2% AUMs 2025, corporate share slips to…
A16z Bets Big On America’s Crypto, Tech Future With $15 Billion War Chest
Crypto and tech just got a major boost. Andreessen Horowitz (a16z) has closed on just over $15 billion in fresh capital, a fundraising round that will be split across multiple new vehicles aimed at a range of tech areas. According to reports, the move marks the firm’s biggest raise yet and gives it a much […]