Pakistan bank faces $629mn penalty in the US

Pakistan bank faces $629mn penalty in the US

Pakistan's largest private bank is facing a $629mn penalty in the United States over accusations of non-compliance with financial standards and practices at its New York branch.

Aquino blames local officials over footwear firm fire tragedy

Aquino blames local officials over footwear firm fire tragedy

President Benigno Aquino virtually cleared fire bureau officials of culpability in the May 13 footwear factory fire that killed 72 ...