Trade deficit declines with rising exports, waning imports

ISLAMABAD: The PTI government’s difficulties on the external front eased a trifle as the current account deficit for the first two months...

ECC to decide on issues of surplus wheat, PPAF, PSM dues

LAHORE: A meeting of the Economic Coordination Committee (ECC) of the Cabinet will be held on Tuesday, 20 November 2018, stated a notification...

China’s Chongqing to step up support for real economy

SHANGHAI: The sprawling southwestern Chinese city of Chongqing has introduced more measures to bolster the real economy amid growing pressure from Beijing...

Saudi oil refinery in Gwadar to help Islamabad save $3bn a year

The refinery would produce up to 300,000 barrels per day once completed

PSX ends 220 points higher despite early tremors

KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green. As per news reports, a team affiliated...

‘Financial literacy to become part of new curriculum’

ISLAMABAD: Education Minister Shafqat Mahmood has shed light on the importance to inculcate financial discipline, savings culture and investment benefits among the youth...

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...

SECP launches one-stop-shop in Balochistan, Khyber Pakhtunkhwa

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will extend its one-stop Shop (OSS) facility for company registration to Balochistan and...

Soneri Bank posts Rs1.9bn profit for 2019

The annual financial statements of Soneri Bank Limited for the year ended 31 December 2019 were approved by the bank’s shareholders in...

MoIP proposes 55 developmental projects for PSDP 2018-19

ISLAMABAD: Ministry of Industries and Production has proposed 55 new projects for funding under Public Sector Development Programme (PSDP) 2018-19 in order...

SBP unveils procedures for investment in amnesty bonds as scheme lags behind target 

ISLAMABAD: The outgoing government's dream to collect three to four billion dollars through the amnesty scheme seems to have shattered as only...

Pakistan’s foreign reserves stand at $16.685bn

KARACHI: According to data released by the State Bank of Pakistan (SBP), the total liquid foreign reserves held by the country stood...

Punjab Governor urges expats to invest into Pakistan

DUBAI: Punjab Governor Chaudhry Muhammad Sarwar while on a visit to Dubai on Saturday, urged the overseas Pakistani's to provide full support in...

World stocks subdued, dollar firm as US job’s bounce fades

LONDON: World stocks remained near two-month highs on Monday with the dollar and oil chalking up gains, though some European bourses struggled...

China agrees to finance 14 social sector projects in GB

ISLAMABAD: The visiting Chinese experts, who held detailed meetings with the representatives of federal and provincial governments, including Azad Jammu Kashmir and Gilgit...