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Coronavirus
VERY HIGH
Pakistan Deaths
16,842
14424hr
Pakistan Cases
784,108
587024hr
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275,815
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282,469
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21,365
Islamabad
72,150
KPK
110,875

National Bureau of Statistics

Five Chinese cities told to rein in speculation as property prices soar
World

Five Chinese cities told to rein in speculation as property prices soar

  • New home prices in China rose at their fastest pace in five months in February, official data shows, as red-hot demand for property in the world's-second largest economy largely eclipsed government efforts to cool the market.
  • The five cities have seen prices rise fast due to spillover demand from tier-1 cities such as Shanghai and Shenzhen which imposed stringent regulations early in the year to rein in home prices.
Updated 08 Apr, 2021 08:06pm
Nigeria's unemployment rose to 33.3pc in fourth quarter, stats office says
World

Nigeria's unemployment rose to 33.3pc in fourth quarter, stats office says

  • The unemployment rate stood at 33.3% in the fourth quarter, the National Bureau of Statistics (NBS) said, up from 27.1% in the second quarter, when the data was last published. Unemployment of 23.1% was first reported for the third quarter of 2018.
  • Access Bank, Nigeria's largest lender, cut staff salaries and sacked contract workers accounting for 75% of its 30,000 workforce to save costs, banking sources told Reuters.
Updated 15 Mar, 2021 09:26pm