Finance minister-in-waiting given dossiers to tackle economic challenges

ISLAMABAD: The incumbent Minister of Finance has given important dossiers to the finance minister-in-waiting in the coming PTI-led government, Asad Umar, regarding...

China interested in joining TAPI pipeline project – Pakistan official

ISLAMABAD: China is exploring building a spur from Pakistan’s territory once the multi-country TAPI natural gas pipeline project begins operating, a Pakistani official...

China to slap additional tariffs on $16 billion of US goods

BEIJING/WASHINGTON: China is slapping additional tariffs of 25 per cent on $16 billion worth of US imports from fuel and steel products...

Pakistan to get over $200m benefits after signing FTA with Thailand

ISLAMABAD: Pakistan would get benefits of $200 million after signing the free trade agreement (FTA) with Thailand. Pakistan and Thailand would present their final...

Energy ministry rejects claims of discovering oil reserves larger than Kuwait’s: sources 

ISLAMABAD: The Energy ministry has negated caretaker foreign minister’s tall claim of discovering huge oil reserves reportedly bigger than Kuwait's in Pakistan...

Pakistan defends economic partnership with China

ISLAMABAD: Pakistan defended its economic partnership with China, amid fears that the terms of opaque multi-billion dollar investments by Beijing could be exacerbating...

SECP approves vital regulations for capital market, corporate governance 

ISLAMABAD:  The Securities and Exchange Commission of Pakistan (SECP) in its Commission meeting has passed regulations concerning capital market, insurance and corporate governance. In...

Summit Bank’s clearing operations to continue: SBP

KARACHI: The State Bank of Pakistan (SBP) has taken notice of misleading rumours spreading on social media regarding the clearing operations of...

Market Daily: Bulls lose ground as KSE-100 sheds 28.27 points

LAHORE: It was another roller-coaster ride for investors of the Pakistan Stock Exchange (PSX) as indices traded within a narrow range. The range...

Realtors call for cuts in taxes to boost real estate sector, economy

ISLAMABAD: A delegation of the Traders Welfare Association, Gulberg, Islamabad led by its President Muhammad Najeeb Malik visited the Islamabad Chamber of...

Ogra awards licence for refinery in KP

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has awarded a licence to Khyber Refinery (Pvt) Ltd to set up a new...

Power sector default surges to close in on Rs1 trillion

ISLAMABAD: Receivables from electricity consumers have continued to pile up and the figure has swelled to Rs896 billion – a long-standing problem that...

Minor oil and gas discovery in Kohat, declares OGDCL

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has reported a minor discovery of oil and gas deposits in the Kohat district...

Trump admin. urged to counter ‘predatory’ Chinese infrastructure lending to poor countries: Wahington Times

As revealed in a post published in the Washington Times, sixteen bipartisan senators have written a letter to the Trump administration about their...

Imran vows drastic measures to overcome economic challenges

PESHAWAR: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Tuesday vowed to take drastic measures, including curtailing expenditure on the VVIP culture, to overcome...