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Trump a ‘genius’ at business if he paid no tax, advisers say

WASHINGTON: Donald Trump's decision to take a $916 million loss on his 1995 income tax return showed his business acumen and "genius" at figuring...

‘Rs280 bn debts of private companies written off in last three years’

ISLAMABAD: Finance Minister Ishaq Dar has told the senate that more than a thousand private companies had got their debts write off from banks in past 30 years, while Rs280 billion have been got write off in the last three years during tenure of Pakistan Muslim League-N (PML-N)’s government, ARY News reported.

China banks write off $300 billion in bad loans: official

BEIJING: Chinese banks have written off more than $300 billion of bad loans in the past three years, an official said Thursday as Beijing seeks to reassure investors that the country can cope with its mounting debt problem.

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