NICL officials to visit Dubai to chalk out properties’ fate
ISLAMABAD: After getting the green signal from the management at Liberty House, DIFC, Dubai, the head of National Insurance Company Limited (NICL)...
ADB sells $4.5b two-year global bonds in largest-ever single tranche outing
MANILA, PHILIPPINES:  The Asian Development Bank (ADB) returned to the US dollar bond market on March 31 with the pricing of a...
Economic gloom hits world stock markets
Worries about economic growth prospects hit global stock markets during the past week, causing sharp price drops on both sides of the...
Bank Alfalah posts Rs8.3bn profit for 9M2020
The Board of Directors of Bank Alfalah Limited on Wednesday approved the bank’s unaudited condensed interim financial statements for the nine-month period...
ECC to take up circular debt, impact on power sector in first meeting
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet will take up the matter of circular debt and its impact on the...
Market Daily: Equity market registers another day of gains, rising by 472 pts
LAHORE: For a change, market bulls stepped up their game in Wednesday’s session and took inspiration from a buoyant close yesterday to...
FBR suspends officer on misconduct in tax amnesty drive
ISLAMABAD: The Federal Board of Revenue (FBR) has suspended a BS-17 officer following an inquiry into an act of misconduct committed by...
Twitter profits surge, user base sees growth
WASHINGTON: Twitter said Friday profits surged while its user base grew in a quarterly update that lifted its share price.
The short-messaging service...
FPCCI seeks govt support to boost export competitiveness
KARACHI
The government and especially the Ministry of Commerce, Industries and Planning Commission should extend unwavering support to Federation of Pakistan Chambers of...
Market Daily: KSE 100 drops below 43,000
LAHORE: The Pakistan Stock Exchange (PSX) shed blood for another session as foreign investors look to close another week as net sellers....
Bulls stage comeback as KSE-100 gains 824 points
KARACHI:Â Bulls staged a comeback at the Pakistan Stock Exchange (PSX) on Friday, as the indices recovered the losses made in the previous...
Summit Bank to be merged with Sindh Bank by August 31
KARACHI: The board meeting of the Summit Bank has finally decided to merge with the Sindh Bank after a final meeting with...
PSX set to launch ETF this year: Morin
KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin said on Thursday an exchange-traded fund (ETF) will be launched on the bourse in the second...
Common standards for SAARC countries on food items approved
LAHORE: South Asian Association for Regional Cooperation (SAARC) nations have approved harmonised and uniform standards for three food items.
While the final common...
SoftBank to raise $100 billion fund every 2-3 years, spend $50 billion annually
TOKYO: SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion annually,...