‘WB committed to strengthening Pakistan’s human capital, regional connectivity’
WASHINGTON:Â The World Bank is committing $465 million through two projects to support higher education in Pakistan and expand sustainable electricity trade between...
Bullish sentiment prevails as KSE-100 stages 900-point rally
KARACHI:Â Bulls of the Pakistan Stock Exchange (PSX) remained dominant on the first trading session of the week, as the indices moved north...
PSX places Adam Sugar Mills on defaulters’ list
LAHORE: The Pakistan Stock Exchange (PSX) on Wednesday placed Adam Sugar Mills Limited (ADAMS) on the defaulters’ segment for non-compliance of clause 5.11.1(i)...
SBP reserves drop $141m to $12.1bn
The foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $141 million to $12.129 billion on a weekly...
Agreements worth $305mn signed with World Bank
ISLAMABAD: Agreements worth $ 305 million were signed with the World Bank (WB) here on Friday to support projects in the agriculture...
IMF to incorporate Islamic finance to market surveillance in 2019
Islamic finance, which bans interest payments and pure monetary speculation, is estimated to have over $2 trillion of assets globally and is offered in over 60 countries, according to the IMF
New govt tasked with saving economy from major crisis Â
BEIJING: The new Pakistani government has a major agenda of bringing the economy back on track. Imran Khan, whose political party emerged...
Rapid depletion in reserves, unsustainable fiscal deficit hurting economy
ISLAMABAD: The economy is facing a major economic challenge with rapid depletion of foreign reserves and unsustainable fiscal deficit denying the country...
SECP intensifies efforts against terror financing
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has intensified its efforts to combat terror financing and money laundering. On the...
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.
PSX recovers losses to close in green
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on the first trading day of the week, as indices that...
KSE-100 sheds 447 points in triggerless trade
KARACHI: The investors of the Pakistan Stock Exchange (PSX) witnessed a dull start to the week, as the indices traded in the...
Govt plans to bring down circular debt to Rs225bn by December
ISLAMABAD:The incumbent government has embarked on an ambitious programme to cut down circular debt to Rs225 billion by December after it escalated...
Bank AL Habib declares pre-tax profit of Rs8.55bn
The Board of Directors of Bank AL Habib Limited announced the financial results for the half-year ended June 30, 2019. The bank...
KSE-100 loses 417 points amid political uncertainty
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a turbulent session on Tuesday, as the indices, which open positively, turned their...