China’s factory activity falls faster than expected as recovery stumbles

China's factory activity shrank faster than expected in May on weakening demand, heaping pressure on policymakers to shore up a patchy economic...

SECP to host International Islamic Capital Markets conference

Pakistan Stock Exchange and other institutions are collaborating with the Commission on this conference
JPMorgan-US

JPMorgan cutting about 500 jobs this week

JPMorgan Chase & Co (JPM.N) is cutting about 500 employees this week across its various departments, according to a person familiar with the situation...
Taxation

Informal market expands as organized sector shrinks under tax pressure

Writing for Dawn, author Nasir Jamal explains that Pakistan's poor tax revenues, which are below 10 percent of GDP and among the...

Nvidia’s results spark nearly $300 billion rally in AI stocks

Stocks related to artificial intelligence surged in extended trade on Wednesday, adding almost $300 billion in market capitalization after chipmaker Nvidia Corp...

China’s Lenovo revenue falls for third consecutive quarter as PC demand slumps

China's Lenovo Group Ltd (0992.HK) on Wednesday reported a 24% fall in revenue for the January-March quarter, meeting market expectations, as demand for...

Watchdog proposes first set of global rules for crypto sector

International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cryptoasset and digital markets, drawing on lessons from last...

Organic Meat completely acquires MSMH 

TOMC’s IPO is Pakistan’s first IPO of 2020 and the first after fifteen months

Amazon’s cloud unit to invest $13bn in India by 2030

Amazon Web Services (AWS), the cloud computing division of Amazon.com Inc (AMZN.O), said on Thursday it plans to invest 1.06 trillion rupees...

Foreign Direct Investment dips 29pc in April

ISLAMABAD: Foreign Direct Investment (FDI) in Pakistan decreased by almost 29% in April and 23% in the first 10 months of the...

Oil falls as economic concerns offset prospect of tighter supplies

Oil prices slipped on Monday as concerns about fuel demand in top global oil consumers United States and China offset bullish sentiment...
G7-coronavirus

At G7, a warning about economic outlook as US debt crisis looms

Finance leaders of the Group of Seven (G7) nations warned on Saturday of mounting economic uncertainty, in a subdued end to a...

Two Adani Group firms to raise up to $2.57bn from the market

Two Adani group companies including the Indian conglomerate's flagship firm announced plans on Saturday to raise up to $2.57 billion from the...

Vast China-Russia resources trade shifts to yuan from dollars in Ukraine fallout

China has dramatically increased use of the yuan to buy Russian commodities over the past year, with nearly all of its purchases...

Musk says Twitter to soon allow calls, encrypted messaging

Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the...