Govt to form separate company to manage assets amid PIA privatisation: Daniyal

ISLAMABAD: Federal Minister for Privatisation Daniyal Aziz on Monday said the Pakistan Muslim League-Nawaz (PML-N) government is committed to finalising privatisation process...

Capital markets key avenue for attracting foreign inflows: Dr Shamshad Akhtar

ISLAMABAD: Strengthening of the capital market is critical for augmenting domestic resource mobilisation to support the growing financing requirements of the country,...

KSE-100 lands in red amid volatility

KARACHI: Amidst range-bound and thin trading activity, the KSE-100 Index closed a volatile session on Tuesday in the red. Foreign investors ceased buying...

Economists, business community welcome Imran Khan’s pledges for economy, good governance

ISLAMABAD: While the incoming government of Pakistan Tehrik-e-Insaf (PTI) is going to immediately face a dire economic situation, economists have welcomed the...

PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000

Trading volume dips but investor confidence remains strong; Sapphire Fibres leads gainers while PIA Holding sees sharpest decline

PSX witnesses bearish trend, drops 1.49pc in week

Uncertainty emanating from Indo-Pak confrontation forced the investors to stay away from the market Downward slide continued at the Pakistan Stock Change...

1HCY20: Standard Chartered Pakistan reports 26pc increase in profit before tax

KARACHI: The Board of directors of Standard Chartered Bank (Pakistan) Limited met on Tuesday to discuss the bank’s performance and announce its financial...

Covid-19: SBP activates temporary relief facility to support economy

KARACHI: The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF) scheme to expand existing projects...

Profit repatriations on FDI rise to $124mn in July

Repatriation of profits earned on foreign direct investments (FDI) brought into the country have surged to $124.2 million during the first month...

Leather goods exports up by 7.99pc

ISLAMABAD: The export of leather goods from Pakistan increased by 7.99 per cent during first 11 months of the fiscal year 2017-18...

Foreign governments should treat Chinese investments fairly: SASAC chief

BEIJING: Foreign governments should treat Chinese firms’ investments in their respective jurisdictions fairly, Xiao Yaqing, the head of China’s state assets regulator,...

Bank of Punjab poses 61pc robust rise in half-yearly profits

LAHORE: A meeting of the Board of Directors of The Bank of Punjab (BOP) was held on 17 August 2018 to consider and...

Economic Survey 2017-18: Private sector loans grew to Rs4.3 trillion in 2017-18

KARACHI: Outstanding loans to private-sector businesses grew 8.7 per cent or Rs344.8 billion in the first eight months of 2017-18 to Rs4.3...

Stock market may hold up to eight IPOs in 2019

Arif Habib Group CEO expects the market to post a healthy run next year on back of improving macros and political...

PSX closes 267 points lower amid dull trading

Cement sector lost 2.1pc after India imposed 200pc customs duty on all items imported from Pakistan KARACHI: Investors preferred to stay away from...