ACCA hosts thought leaders at ‘Pak Leadership Conversation’
ISLAMABAD: The Association of Chartered Certified Accountants (ACCA) is one of the world’s most forward-thinking global bodies of professional accountants, supporting its 200,000 members...
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 as uncertainty...
Financing agreements worth $400mn signed with World Bank
ISLAMABAD: Economic Affairs Division here on Tuesday signed two financing agreements worth $400 million with the World Bank Group. These include Punjab Cities Programme ($200 million) and...
Stocks gain 109 points in volatile ride
KARACHI: After a rocky start to the trading session, the Pakistan Stock Exchange (PSX) managed to land in the green zone on Wednesday. Foreign...
Advances grow by 17 per cent in 2017, ADR improves to 53 per cent
KARACHI: According to a research report by Topline Securities, advances of the banking sector grew by 17 per cent in 2017 while the Advances to...
KSE-100 recovers to close 64 points higher
KARACHI: After bleeding for most part of the day, the Pakistan Stock Exchange (PSX) managed to stand its ground and ended the session on Tuesday...
Chinese loans to Pakistan account for only 10pc, says China’s foreign ministry
BEIJING: The Chinese Foreign Ministry spokesperson Friday criticising the Western media for its so-called “China debt trap theory”, said that the proportion of the...
Investment in country increased by 78%, claims Minister Hammad Azhar
LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the prudent policies...
Punjab government in midst of severe cash flow crisis
In accordance with directives of the interim Punjab chief minister, Rizvi sent a letter to the federal finance minister asking for disbursement of the withheld share of the province, which was also highlighted during a meeting in Islamabad
Pakistan’s inflation rate ringing alarm bells amid financial turmoil
The inflation rate in Pakistan has always been on the high side since the last couple of years. The average Pakistani has been in...
SBP’s foreign reserves increase by $10,350m in one week
LAHORE: According to a notice by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood at $17,079.7 million...
Provinces likely to oppose NFC Award over extra shares for Centre
ISLAMABAD: The provinces are likely to object to the deduction of their respective shares in the recently notified 10th National Finance Commission (NFC) after the Centre...
Bullish sentiment prevails as KSE-100 stages 900-point rally
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north right from...
KSE-100 rises 152 points in volatile session
KARACHI: The Pakistan Stock Exchanged witnessed a positive start to the trading session on Tuesday, thanks to inertia from the previous session. However, the initial...
CLSA Ltd returns to Pak after 17 years, buys minority stake in Alfalah securities
KARACHI: The Hong-Kong based CLSA, the CITIC Securities Company, entered into a joint venture with Bank Alfalah today, to buy a 24.9 per cent...
