Exxon posts second straight quarterly loss on demand, price plunge
HOUSTON: Exxon Mobil Corp on Friday reported a $1.1 billion second-quarter loss on sharply lower energy demand and prices from the COVID-19 pandemic, and...
Investment in country increased by 78%, claims Minister Hammad AzharÂ
LAHORE: Minister for Economic Affairs, Hammad Azhar has said that investment in the country has increased by 78 percent due to the prudent policies...
All set for World Islamic Finance Forum
KARACHI: World Islamic Finance Forum (WIFF) 2018 is to be held on March 19 and 20, 2018. AAOIFI Board of Trustees Chairman Shaikh Ebrahim...
Wall Street tumbles over 1pc on trade, growth fears
Technology, among sectors most exposed to China, was the hardest hit
US stock indexes fell more than 1pc on Thursday, as investors sold off...
Market Daily: KSE-100 drops 121.28 points
LAHORE:Â Bears were in control of the Pakistan Stock Exchange (PSX) for the fourth consecutive session while the Finance Minister briefed the Prime Minister about...
Pakistan adopts roadmap towards cashless society despite challenges: report
ISLAMABAD: A roadmap has been brought in practice in the government's circles to take Pakistan towards a cashless society, Gwadar Pro Mobile News Net...
HBL leads implementation of CPEC projects in Pakistan
HBL is the largest bank in Pakistan and has been at the forefront in the development of China Pakistan Economic Corridor (CPEC). Recently HBL...
CDNS unearths largest-ever ‘scam’ of Rs200 million
Internal control weaknesses, lack of reconciliation of data held in manual and computerized database led to the discovery of this fraud
PIA privatisation reaches Phase-II
ISLAMABAD: Massive liabilities worth Rs324 billion has become a major headache for stakeholders inolved in the privatisation of Pakistan International Airlines (PIA). In a bid...
Half-Year Results:Â MCB Bank posts 14pc growth in profit before tax
The bank maintains industry's highest quarterly payout of Rs4 per share
The Board of Directors of MCB Bank Limited met under the chairmanship...
Budget deficit widens to Rs2.1 trillion during July-May FY18
The finance ministry officials quoting estimates said during April and May 2018, the budget deficit widened Rs617 billion or 1.8 percent of GDP
KSE-100 nosedives on economic jitters ahead of SBP policy meeting
--Index sheds 714 points as investors remain cautious due to uncertainty surrounding the monetary policy
KARACHI: The Pakistan Stock Exchange (PSX) portrayed weak sentiments...
Pakistan striving to chalk out meaningful FTA with Turkey
ISLAMABAD:Â The government officials are in process of building consensus with their Turkish counterparts and other stakeholders to chalk out a meaningful Free Trade Agreement...
Pakistan unlikely to be removed from MSCI-EM in upcoming review
In the last year (in its semi-annual review in November 2017) when MSCI demoted ENGRO from its standard MSCI EM to small caps
IMF cuts FBR’s target by Rs895bn
ISLAMABAD: The International Monetary Fund (IMF) has revised the Federal Board of Revenue’s (FBR) target to Rs3,908 billion from Rs48,03 billion, showing a massive cut...
