Market Daily: Set in cement, KSE 100 gains 230 points

LAHORE: The KSE 100 index was off to a weak start perhaps amid rising uncertainty on the back of Trump induced trade tariffs...

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...

Rs280 billion allocated to purchase wheat, says Hammad 

Planning Minister Asad Umar has underlined the need for a united national response to meet the challenge of Coronavirus pandemic. He was briefing...

Lenovo sails past expectations with 31pc first-quarter profit jump

HONG KONG: Lenovo Group, the world’s biggest PC maker, smashed expectations with a 31pc leap in first-quarter net profit, as the coronavirus...

NA body approves PSDP proposals, projects worth Rs8.455bn

ISLAMABAD: The National Assembly's Standing Committee on Finance and Revenue Wednesday approved the allocation of Rs 2.3 billion for its eight development...

Pandemic to bring Asia’s 2020 growth to halt for first time in 60 years: IMF

TOKYO: Asia's economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis...

Parliamentary panel concerned regarding govt influence over regulators

ISLAMABAD The Senate standing committee on finance on Wednesday expressed serious concerns over the government’s tight control over the autonomous regulators - the...

Pakistan is committed to objective of regional connectivity: Dar

URUMQI Finance Minister Ishaq Dar has said that Pakistan is committed to the objective of regional connectivity as it believes that the future...
Ministry of Finance

Pakistan’s efforts to improve EODB, macro-economic outlook lauded

ISLAMABAD: A delegation of the Commonwealth Enterprise and Investment Council (CWEIC) led by Deputy Chairman of the Enterprise Rt Hon Sir Hugo...

China state assets regulator terms debt reduction, curbing risks as key

BEIJING: Reducing debt and curbing risks remain priorities for China’s state-owned firms, the head of the country’s state assets regulator said on...

IMF acknowledges Pakistan’s measures to contain spread of Covid-19

The International Monetary Fund (IMF) has acknowledged Pakistan's measures to contain the spread of the coronavirus, Radio Pakistan reported on Tuesday. IMF's recent...

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...

Low financing to SMEs despite cut in policy rate: APBF

KARACHI: All Pakistan Business Forum has urged the commercial banks to improve its financing for small and medium enterprises (SMEs) sector which...

WB chief says more trade will ease pandemic’s economic impact

WASHINGTON: World Bank President David Malpass said on Friday that countries need to allow more trade in order to recover from the...

Asian shares rise after Wall Street experiences record highs

Tokyo: Most Asian stock markets were higher Wednesday after U.S. shares rose on encouraging jobs data while worries about North Korea and...