PSX closes flat amid low turnover

KARACHI: The Pakistan Stock Exchange (PSX) ended the last session of the week slightly negative, as indices kept trading in red amidst low market turnover....

Chinese envoy meets PM; says next CPEC stage to focus on investing, buying more from Pakistan

ISLAMABAD: Chinese Ambassador in Pakistan Yao Jing met Prime Minister Imran Khan on  Thursday and said the next stage of China Pakistan Economic Corridor...

Saudi crown prince’s visit to ease Pakistan’s financial crunch: FT

Renowned international publication Financial Times says the upcoming visit of Saudi crown prince Mohammed bin Salman to Islamabad will further ease the financial crunch...

KSA to invest $322m in five hydropower projects of Pakistan

ISLAMABAD: Apart from making investments in the oil and mineral sector, Saudi Arabia will also make an investment of SR1.207 billion ($322 million) in five...

PSX fails to stay afloat, closes in red

KARACHI: After a positive close in the previous session, Pakistan Stock Exchange was back in red zone on Wednesday, as indices that opened green sunk...

PTCL’s revenue grows 8pc to Rs126.2bn in 2018

PTCL registers yearly growth for the first time since 2014ISLAMABAD: The Board of Directors of Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom...

PSX gains 269 points amid volatile trading

KARACHI: After morning bumps, Pakistan Stock Exchange (PSX) managed to stand its ground to close Tuesday’s session in green. Indices swung in both directions until...

SMEs urged to get listed with PSX

ISLAMABAD: The Islamabad Chamber of Commerce and Industry, in collaboration with the Pakistan Stock Exchange, organised an awareness programme to educate potential investors about the...

Pakistan, IMF yet to reach bailout agreement

Ministry spokesman says agreement will be signed as soon as a favourable programme is givenPakistan and the International Monetary Fund (IMF) are yet...

Pakistan striving to chalk out meaningful FTA with Turkey

ISLAMABAD: The government officials are in process of building consensus with their Turkish counterparts and other stakeholders to chalk out a meaningful Free Trade Agreement...

Trump taps fierce World Bank critic to take its helm

WASHINGTON: President Donald Trump on Wednesday tapped a well-known World Bank critic to lead one of the world's primary development lending institutions.David Malpass, a senior...

Three major agendas of 7th NFC Award remain unfulfilled

ISLAMABAD: As the government has moved ahead with the much-delayed 8th National Finance Commission Award, it needed to review the failures of the previous award...

Reconstituted NFC agrees to divide resources in line with 18th Amendment

–Centre, provinces complain about being under-resourced–Six sub-committees to handle differences between centre, provinces–Provinces to be part of the dialogue with IMF on fiscal arrangementsISLAMABAD: In...

PSX sheds 108 points amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) embarked on a roller-coaster ride on Wednesday, as the indices, after oscillating in both directions, closed in...

World Bank leadership search likely to end with US candidate

The search for a new leader for one of the most high-profile global organizations begins Thursday and seems likely to end again with selection...

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