KSE-100 fails to sustain gains, closes flat
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed another volatile session on Wednesday, as the indices oscillated in both directions before...
GDP growth likely to contract further in FY20: SBP
--Average headline inflation projected to remain broadly unchanged at 11-12pc
--SBP says stabilisation efforts yielded improvements during the first half of FY20
KARACHI: The...
Foreign divestment in T-bills reaches $412m in April
KARACHI: The cumulative net investment in T-bills from July 2019 to date is now below $1 billion, standing at $951 million, according...
Provinces agree to reopen construction sector, says minister
ISLAMABAD: Economic Affairs Minister Hammad Azhar has said that all provinces have agreed to reopen the construction sector amid coronavirus lockdown.
Addressing a...
Covid-19 ‘Great Lockdown’ to shrink global economy by 3pc in 2020: IMF
WASHINGTON: The global economy is expected to shrink by 3 per cent during 2020 in a stunning coronavirus-driven collapse of activity that...
COVID-19: Hafeez Shaikh hopeful of ‘debt relief’ for developing countries
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday expressed hope that financial and other forums...
Stocks add 189 points in volatile trade
KARACHI: Investors at the Pakistan Stock Exchange (PSX) witnessed a volatile session on Tuesday, with the benchmark KSE-100 Index swaying both ways...
Textile millers fear they may not survive Covid-19 crisis
APTMA seeks SBP, FBR, MoE support
IMF acknowledges Pakistan’s measures to contain spread of Covid-19
The International Monetary Fund (IMF) has acknowledged Pakistan's measures to contain the spread of the coronavirus, Radio Pakistan reported on Tuesday.
IMF's recent...
Global Investment Consortium mulls investing billions of dollars in Pakistan
ISLAMABAD: At the time when coronavirus pandemic has unnerved global economies and Pakistan is no exception, Pakistan holds good news for the...
IMF approves debt relief for 25 poor countries to fight coronavirus
The International Monetary Fund has announced immediate debt relief for 25 poor countries to help them free up funds to fight the...
‘Looming recession’: Experts suggest govt to push for rescheduling of foreign loans
LAHORE: Economic experts have suggested the government to try and convince international donors to reschedule loans for Pakistan so that the country...
Pakistan’s exports likely to drop by 19.7pc in FY20: WB
ISLAMABAD: The World Bank has forecast that if the novel coronavirus (COVID-19) lasts longer than expected, Pakistan's exports could plunge by 19.7pc...
Stocks plunge 1,000 points on economic concerns
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the week, with the benchmark KSE-100 Index shedding over 1,100 points...
Islamic finance industry charts high-tech future
DUBAI: “Is it halal to buy shares in Tesla?” a young Muslim would-be investor asks on Twitter.
Islamic finance — an amalgamation of...