Xinjiang governor meets Ishaq Dar at inaugural of CAREC institute

URUMQI Finance Minister Senator Mohammad Ishaq Dar arrived in Urumqi, China Thursday for attending the inaugural ceremony of the Central Asian Region Economic...

Pakistan is committed to objective of regional connectivity: Dar

URUMQI Finance Minister Ishaq Dar has said that Pakistan is committed to the objective of regional connectivity as it believes that the future...

Gold imports jump by 65pc in July

ISLAMABAD The import of gold into the country surged by 65.43 per cent during the month of July 2017 compared to the same...

ADB recognises 2 Pakistani banks among 20 others in TFP Awards

ISLAMABAD The Asian Development Bank (ADB) recognised two Pakistani banks, among 20 others in its third annual Trade Finance Programme (TFP) Awards, said...

150 Chinese companies to participate in mega trade expo in Lahore

LAHORE Around 150 top-level Chinese machinery manufacturing companies have shown their consent to participate in a mega trade fair entitled China Mechanical and...

Market daily: stocks remain jinxed as PSX falls bellow 41,000pts

LAHORE Bears held their grip strength as the Pakistan Stock Exchange (PSX) bled again on Thursday. With the National Accountability Bureau (NAB) preparing to...

IT sector can be instrumental in boosting country’s exports: LCCI

LAHORE The information technology sector of Pakistan has the ability to be instrumental in boosting diminished exports of the country, as it can...

Saudi sovereign fund, Softbank plan robotic initiative

DUBAI: Saudi Arabia’s main sovereign wealth investment fund and Japan’s Softbank Group plan to jointly study how robots can be used more effectively...

Xinjiang’s 10-year textile plan poses serious threat to Pakistan’s textile sector

ISLAMABAD Unlike the impression that China Pakistan Economic Corridor (CPEC) will open new doors of development in Pakistan, the textile sector here has...

Country’s oil sales up by 10pc YoY in August 2017

KARACHI The sale of petroleum products increased by 10 per cent to 2.4 million tonnes year on a year-on-year (YoY) basis in August...

Market daily: bears return to work as PSX stocks take a dip

LAHORE Investors at the Pakistan Stock Exchange (PSX) saw the indices bleed again on Wednesday. After a day’s calm, bears were back at work...

Country’s energy sector to emerge as key factor in elections run-up: ADB

LAHORE The energy sector is again emerging a key factor in the political landscape of Pakistan in the run-up to its national elections...

New stabilisation programme under consideration by IFIs

A new stabilisation programme is under discussion by a number of mainstream International Financial Institutions (IFIs). Under the new programme, stringent conditions...

Pakistan ready to revise base for calculating CPI inflation

ISLAMABAD Pakistan is ready to revise base-year for computing the consumer price index and wholesale price index from 2007-08 to 2015-16. Briefing the media...

New Qatar port aims to ‘break shackles’ of boycott

DOHA Qatar said Tuesday that a new $ 7.4 billion port would help to “break the shackles” of a three-month-old boycott of the...