ECONOMY

LAHORE An atmosphere of uncertainty prevailed when conflicting news on Alibaba's interest in Telenor Banks surfaced. Earlier Jack Ma’s Alibaba, the world’s biggest e-commerce player, had...

ISLAMABAD Chinese Ambassador to Pakistan Sun Weidong has said that CPEC will provide important network and platform to achieve win-win cooperation in Asia and beyond. He...

KARACHI Crossover Pakistan has carved its mark by becoming part of the biggest IT & Telecom event of Pakistan; ITCN Asia 2017. The 3-day event...

KARACHI The balance of payment figures rang an alarming bell for the economists as the country’s current account deficit (CAD) widened almost double to (negative)...

LAHORE Toys 'R' Us has filed for bankruptcy protection in the US and Canada as it attempts to restructure its debts. The firm was once a...

LAHORE In an exciting day of trading, the benchmark KSE 100 index settled beyond the 43,000 psychological level. Market participation almost doubled with low and...

Karachi:  Pakistan’s telecom sector was the third highest contributor in terms of foreign direct investment (FDI) during July and August, reported State Bank of...

Tokyo: Asian shares wavered on Tuesday, bolstered by record highs on Wall Street but hobbled by uncertainty as traders waited on a Federal Reserve...

Islamabad: Dr Miftah Ismail may be appointed as Advisor to Prime Minister on Finance, as Ishaq Dar requested to be relieved from this post...

Lahore: A local newspaper reported that China signed $375m worth memorandum of understandings (MOUs) for investment in Pakistan at the 18th International Textile Asia...

Islamabad: A local newspaper reported that $900m Asian Development Bank (ADB) funding approved for Pakistan has been affected by bureaucratic hurdles and complex procedural...

Islamabad: The federal government has called a meeting of the Inter-Provincial Coordination Com­mittee (IPCC) on September 19 to resolve a host of burning issues...

Islamabad: Federal cabinet has approved to amend the existing convention between Pakistan, and Turkey, Finland, Italy and Bahrain for the avoidance of double taxation...

Islamabad: Though confusion still persists regarding the trade preference to Pakistan by European Union after Brexit, United Kingdom has assured that the GSP Plus facility will...

KARACHI: State Bank of Pakistan (SBP), has given approval to the Bank of China Limited (BCL), for commencement of its banking business in Pakistan. Earlier, SBP...