PML-N’s performance review contrary to claims
High fiscal slippage, falling reserves, and rising debt major threat to the economy.
Zuckerberg’s broken promise? – Here’s why Instagram’s co-founders left Facebook
In a surprising move yesterday, we found out that the photo-sharing app Instagram’s co-founders, Kevin Systrom and Mike Krieger had left Facebook, which had...
Telecom sector witnesses dramatic increase in revenues
ISLAMABAD: The telecom industry has seen a dramatic increase during the last four years as its revenue reached $15.35 billion from July 2013 to...
Market Daily: Bears roar as PSX starts week in red
LAHORE: It wasn’t an ideal start to the week, but investors didn’t look surprised. Long hanging uncertainty over the country’s economic situation has shaken investor...
SECP continues enforcement drive against insurers
Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has concluded adjudication proceedings against six insurance companies in July and August 2017.
Orders were issued...
Market Daily: Steepest fall after 20 sessions; market sheds 700 points
LAHORE: Indices at Pakistan Stock Exchange (PSX) posted the steepest fall on Tuesday since May 14, 2018, as Monday’s 4 per cent rupee devaluation against US...
Political arena, court hearings to lead PSX trends during upcoming week
LAHORE
The Pakistan Stock Exchange (PSX) is expected to remain range bound next week amid thin activity as investors will keenly follow developments of the...
Trump backs boycott of Harley Davidson in steel tariff dispute
WASHINGTON: President Donald Trump backed boycotting American motorcycle manufacturer Harley Davidson Inc on Sunday, the latest salvo in a dispute between the company and...
Asian markets tumble on trade tensions
Asian stocks largely fell on Tuesday, reversing early gains on a bargain-hunting push by investors, as global trade tensions continued to weigh on markets.
Fears...
IMF bailout on the cards as Pakistan elects new government
Bailouts are sizeable and always come with strings attached
G7 finance officials back need to regulate digital currencies
WASHINGTON/BERLIN: Finance ministers and central bankers from the Group of Seven (G7) advanced economies strongly supported the need to regulate digital currencies, the US...
Stocks gain 112 points in range-bound trading
KARACHI: The Pakistan Stock Exchange (PSX), which traded within a narrow range on Tuesday, managed to end the session on a positive note.
On...
Exports surge by 13.14pc, trade deficit widens by 17.3pc in first 9 months
KARACHI: The country’s exports have enhanced by 13.14 per cent in first nine-months of the current fiscal year to $17.081 billion, as compared to...
What makes Pakistan plump for IMF time and time again?
Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However, within a...
Bitcoin craze hits Iran as US sanctions squeeze weak economy
Iranians feeling the squeeze from United States sanctions targeting the Islamic Republic's ailing economy are increasingly turning to such digital currencies as Bitcoin to...
