France’s unemployment rate falls to lowest level since 2009

President Macron in 2017 had pledged to bring unemployment down to 7pc by 2022PARIS: France's jobless rate fell to 8.8pc in the final...

PSX closes 37 points lower amid dull trading

KARACHI: Bearish sentiments continued to dominate the Pakistan Stock Exchange (PSX) on Thursday as well. The indices kept slipping all day long amid lack of...

EU adds Saudi Arabia to dirty-money blacklist, upsets UK, U.S.

Apart from reputational damage, inclusion on the list complicates financial relations with the EU. The bloc’s banks will have to carry out additional checks on payments involving entities from listed jurisdictions

U.S.-China trade talks move to higher level as deadline looms

Chinese trade data released on Thursday showed imports from the United States fell 41.2 percent from a year earlier to $9.24 billion, the lowest amount in dollar terms since February 2016

Dollar higher as euro sags; Aussie firms on China data

The dollar index, a gauge of its value versus six major peers, was marginally higher at 97.20, having gained 0.5 percent in the previous session

Airbus to scrap production of A380 superjumbo

Airbus will produce 17 more of the planes including 14 for Emirates and 3 for Japanese airline ANA

Asian shares retreat as China, US begin trade negotiations

Hong Kong’s Hang Seng gave up 0.7 percent to 28,305.33. and Australia’s S&P/ASX 200 shed 0.1 percent to 6,060.50, Kospi in South Korea lost 0.5 percent to 2,191.42

Oil prices edge up on hopes for U.S.-China trade breakthrough

U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement

Software pirates use Apple tech to put hacked apps on iPhones

Apple has no way of tracking the real-time distribution of these certificates, or the spread of improperly modified apps on its phones, but it can cancel the certificates if it finds misuse

Pakistan to request Saudi Arabia for commencement of dialogue on PTA

According to official sources, the PTA will envelop tariff and non-tariff barriers (NTBs) which will aid Pakistan in diversifying its export portfolio to Saudi Arabia

SBP to cease issuance of Rs40,000 prize bonds from 15th Feb

The decision was taken to appease global watchdogs, who had doubts about the investment of black money via these bonds

Foreign banks eye financial advisory role in divestment of two LNG fired-power plants: Report

This divestment would rank as the country’s largest privatization deal since 2005 when Etisalat acquired a controlling stake in Pakistan Telecommunications Limited (PTCL) for $2.6 billion

Federal govt debt rises by Rs2.42 trillion to Rs26.64 trillion in 1st half of FY19

Around Rs200 billion in debt was added in December alone, however, the speed of debt accumulation has slowed due to a relatively stable exchange rate

CCoE gives approval for import of LNG

CCoE has instructed the petroleum division to move forward with the development of the LNG infrastructure needed to transport additional LNG from Port Qasim to Pak Land

SSGC, SNGPL to charge different tariffs for RLNG supply to domestic and industrial consumers

The management committee of SNGPL in a meeting decided to regularize enhanced loads of commercial and industrial consumers on condition they are prepared to bear the bills of enhanced loads to them at RLNG tariff

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Amazon does not have a Pakistan presence. These Pakistani entrepreneurs are...

The global e-commerce giant has ignored Pakistan, but many enterprising individuals and companies have found ways to use the platform to their advantage by getting around the legal hurdles

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