Global financial stability risks rising with trade tensions, IMF says
In the report, the IMF said economic growth appears to have peaked in some major economies while the gap between advanced countries and emerging markets was widening.
ISL posts highest quarterly sales at Rs12.6bn, up 32pc YoY
LAHORE: International Steels (ISL +0.32 per cent) in a notification to Pakistan Stock Exchange (PSX) on Tuesday, released its financial results for the period...
Fidelity puts 6 million savers on risky path to retirement, claims special report
BOSTON: For three years, the mutual funds in Fidelity’s flagship retirement franchise have outperformed at least 85 percent of their competitors, reversing a decade-long...
Current Account deficit to reach $15-16 billion this year: MoF
ISLAMABAD: With a whopping increase by $4 billion, the current account deficit in this financial year is feared to reach $15 to 16 billion...
Bank AL Habib declares Rs11.17bn profit after tax
The Board of Directors of Bank AL Habib Limited (the Bank) has announced the financial results for the year ended December 31, 2019.
The bank...
PM Abbasi chairs EAC meeting, seeks measures to boost economy
ISLAMABAD: The newly constituted Economic Advisory Council (EAC) met here on Thursday. Prime Minister Shahid Khaqan Abbasi chaired the meeting.
In his opening remarks, the Prime Minister...
Bears tighten grip on PSX, index sheds 294 points
KARACHI: Bears tightened their grip on the Pakistan Stock Exchange (PSX) as soon as the session commenced on Monday. Indices kept shedding gains all day...
ADB delegation calls on planning minister, assures support for development projects
ISLAMABAD: A delegation of Asian Development Bank (ADB) led by Central West Asian Department Director-General Werner Liepach called on the Minister for Planning, Development and...
PM’s aide hails PSX for outperforming regional markets
ISLAMABAD: Advisor to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Monday appreciated the strong performance of the Pakistan Stock Exchange...
SBP foreign exchange reserves decrease 2.2pc in a week
KARACHI: Foreign exchange reserves of the State Bank of Pakistan (SBP) amounted to $13.23 billion on January 26, down 2.2 per cent from a week...
‘Financial literacy to become part of new curriculum’
ISLAMABAD: Education Minister Shafqat Mahmood has shed light on the importance to inculcate financial discipline, savings culture and investment benefits among the youth of the...
Experts confident in state of economy, markets despite jittery history
PSX’s post-election rally hit a brick wall just when US Secretary of State Mike Pompeo poured cold water on the IMF plan.
Pakistan uses up Chinese trade financing facility to repay debt
In the current fiscal year 2017-18, China has given about 40 per cent of total foreign loans.
Strong manufacturing base key to 7pc growth rate, says Haroon Akhtar
ISLAMABAD: Special Assistant to the Prime Minister on Revenue/Federal Minister Senator Haroon Akhtar Khan has said the government is aware of the need to strengthen...
Govt likely to impose additional 3pc duty on more than 1000 items
The former government had revised RD on dozens of imported items in December 2017 to meet the revenue target
