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...
ICCI terms budget ‘burdensome’ for business community, common man
ISLAMABAD:Â The Islamabad Chamber of Commerce & Industry (ICCI) termed the first annual budget presented by the Pakistan Tehreek-e-Insaf government as "quite taxing...
Temasek buys 41% stake in India’s Manipal Health for $2bn – source
Singapore-based sovereign wealth fund Temasek said on Monday that it is acquiring an additional 41% stake in India's Manipal Health Enterprises from...
Trade bodies urged to supplement govt’s export enhancement drive
ISLAMABAD:Â Directorate General of Trade Organizations (DGTO) Director General Waqar Ahmad Shah has called upon the trade bodies and associations to supplement the...
Business community calls for durable trade ties with Afghanistan
'Smuggling is obstructing legal trade between the two countries; this should be tackled through rationalisation of tariff barriers'
LAHORE: The Federation of Pakistan...
China’s reopening brightens developing Asia’s 2023 growth outlook – ADB
Developing Asia will grow faster than previously thought this year, underpinned by a stronger-than-projected rebound in China, but risks from global banking...
Top rice exporter India bans most shipments as monsoon hits crops
India has prohibited the export of non-basmati white rice with immediate effect, according to a government notice on Thursday, after a late...
Business community confident ahead of Saudi crown prince’s visit
Businessmen laud the leadership of PM Imran Khan and his commitment towards ensuring transparency in Pakistan
KARACHI:Â The Businessmen Panel (BMP) of the Federation...
Facebook releases 3rd edition of small business report
SANS FRANCISCO: Facebook has released its third edition of Global State of Small Business Report, a research collaboration with the World Bank...
Citigroup pays $12 million to settle dark pool probe
The regulator also found that Citigroup Global did not disclose that over a period of more than two years, nearly half of its dark-pool orders were routed to and executed on other trading venues that did not offer the same premium features as Citi’s.
Traders warn of anti-govt drive if demands are not met by month-end
ISLAMABAD:Â The All Pakistan Anjuman-e-Tajiran on Saturday gave the government a deadline till July 31 to meet their demands after the traders took...
Fraud probe targets top Porsche bosses: report
FRANKFURT:Â Three top executives at Volkswagen subsidiary Porsche including chief Oliver Blume are under investigation over alleged excessive payments to a former works...
Nestle profit surged 41.6pc to $10bn in 2018
ZURICH:Â Swiss food giant Nestle said on Thursday that profits surged last year, boosted by income from the disposal of businesses, and it...
Record-tampering case surfaces in SECP
ISLAMABAD: A record-tampering case has surfaced in the Securities of Exchange Commission of Pakistan (SECP), where two Pakistani directors of a registered...
Standard Chartered’s Shazad Dada elected as OICCI president
Standard Chartered Bank Pakistan Limited Chief Executive Officer Shazad Dada has taken over as president of the Overseas Investors Chamber of Commerce...