PSX plunges 253 points as bears continue to dominate
KARACHI: The investors of Pakistan Stock Exchange (PSX) witnessed another dull trading session on Thursday, as bears managed to maintain their dominance.
Indices...
PSX welcomes New Year with 929 points gain
KARACHI:Â The Pakistan Stock Exchange (PSX) welcomed the new year with a bang. The indices rallied as investors went out to hand pick...
Coal Power helps Pakistan cut power tariff by Rs10 per unitÂ
These projects also have helped Pakistan reduce its heavy dependence on gas and LNG power plants, which account for 50 per cent of total installed capacity.
Chinese debt burden: Facts and Fiction
According to the breakdown of Chinese investments in Pakistan, 22 early harvest projects under CPEC have been completed or are under construction, with a total investment of $18.9 billion.
Senate panel asks automobile companies to brief on quality standards, price ranges, tax matters
The meeting chaired by Senator Ahmed Khan on Thursday discussed the total number of vehicles sold, the amount of tax paid, details of spare parts produced locally and imported from abroad and fulfilment of corporate social responsibility role by Toyota, Honda and Suzuki motors.
NAB likely to cut out names of accused from ECL in KASB-BankIslami case
LAHORE: Prime Minister Imran Khan has directed authorities to consider taking off names of four accused in the KASB Bank merger case,...
Overseas Chinese federation eager to take part in CPEC
ISLAMABAD: A delegation of Overseas Chinese Federation of the Gansu Province visited the Islamabad Chamber of Commerce and Industry (ICCI) and showed...
Japan to provide technical, financial assistance to promote SMEs
ISLAMABAD:Â Japan will provide technical and financial assistance to promote Small and Medium Enterprises (SMEs) to boost the export-oriented cottage industries of Sialkot.
This...
Resurfaced circular debt threatening the economy: PEW
The Pakistan Economy Watch (PEW) on Sunday said the circular debt has again resurfaced and is threatening the fragile national economy.
The infamous...
Market Daily: Indices swing wild, KSE 100 down 0.15 per cent WoW
Friday started with KSE 100 index touching its intraday low of 37,845.42 after losing 391.10 points.
Finance Division clarifies news about current account deficit
Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.
SBP reserves surge 10.85pc, stand at $8.05bn Â
The foreign exchange reserves held by the central bank increased by 10.85pc WoW, breaking a two-week losing streak, according to data released...
Markets suffer worst year since global financial crisis
LONDON: Traders will be glad to see the back of 2018. Nearly $7 trillion has been wiped off world stocks, emerging markets...
SECP asked to remove regulatory hurdles in financial services market
ISLAMABAD:Â The policy board has instructed the Securities and Exchange Commission of Pakistan (SECP) to consider a substantial reduction in fees in order...
SBP governor hints further devaluation of rupee
ISLAMABAD: As the experts have already expected a further decrease in the value of Pakistani currency against the dollar, the State Bank of...