|Bid||11.530 x 800|
|Ask||11.640 x 800|
|Day's Range||11.570 - 11.720|
|52 Week Range||11.160 - 16.730|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
China is turning Pakistan into its own “semi-colony,” as it did recently with Sri Lanka, collecting tolls from every vehicle that passes through CPEC.
The rich are getting richer in India while the poor are getting poorer. The blame should go to India’s socialists, who ruled the country before the 1980s.
China Pakistan Economic Corridor's (CPEC) biggest threat isn’t India. It’s corruption. On both ends of the partnership, which makes the ambitious project look like a “sand castle.”
India and Japan have been on a new mission lately: to tame China’s ambitions to take control of the trade routes in the Indian Ocean, encircling India in the process.
Washington is looking into Pakistan’s primary adversary, India, to advance its policy agenda in Afghanistan and elsewhere in Asia. Like the South China Sea, where America has been trying to tame China’s ambitions to write its own navigation rules. That’s good news for India.
Trump acknowledged the need for U.S. military engagements in Afghanistan to stabilize the latter. This helped and hurt a few ETFs.
The taking over of Hambantota by Beijing is bad news for both Pakistan and India -- for different reasons. For Pakistan, the deal will serve as a model for the future of CPEC. For New Delhi, the Hambantota deal is bad news because it’s one more step to encircle and pacify India by Beijing.
After declaring the South China Sea its “own sea,” China is racing to expand its presence in the Indian Ocean, teaming up with Pakistan. That's bad news for India, which is still trying to forge partnerships to catch up with China and Pakistan in shoring up its presence in the Indian Ocean.
China and the India are engaged in a “game of chicken,” with each side sending a message to the other side what their fighting capabilities are. For now.
Sharif’s corruption problem crushes Pakistan’s stock market. The KSE 100 dropped 2153 points or 4.65% to 44121 from 46274 in the previous trading session, well below its all time high of 52876.46 in May of 2017.