Market Daily: KSE 100 sheds 4.52pc, highest weekly loss in 2018
KSE 100 closed at 41,624 points (-4.52 per cent WoW), highest weekly loss of 2018 amidst depleting foreign reserves and rising political noise ahead of general election 2018.
NSS mobilises savings worth Rs3.27bn, down 86.4pc
KARACHI:Â Savings mobilised by the National Savings Schemes (NSS) amounted to Rs3.27 billion in January, down 86.4 per cent from a year ago.
According...
China provided Rs121 bn debt to Pakistan in first eight months
ISLAMABAD:Â China has given Rs121 billion debt to Pakistan in the first eight months of the current fiscal year 2017-18, it has been...
PIA lost luggage worth over Rs20m in five years
Pakistan International Airlines (PIA) lost luggage worth over Rs20 million in the last five years, an audit report released on Saturday revealed.
The...
Commercial banks foreign currency deposits rise in anticipation of rupee devaluation
KARACHI: An increase of US$1.2billion has been reported in foreign currency deposits of commercial banks in a period of last four months....
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
Marble exports decline 32pc during FY 2016-17
Karachi: The All Pakistan Marble Mining Processing Industry and Exporters Chairman Sanaullah Khan on Tuesday said marble exports had fallen 32pc from $57.96m...
Renault vows ‘fresh start’ for alliance with Nissan
PARIS:Â Renault's chairman vowed a "fresh start" on Wednesday for the carmaker's strained alliance with Japanese partner Nissan, saying its success was key...
China to push to attract more high-tech manufacturers
BEIJING: China will push to attract more high-tech manufacturers to set up in the world's No.2 economy, the nation's commerce ministry said...
Oil and gas exploration increases 79pc
Islamabad: Pakistan witnessed an increase of around 79 percent in oil and gas exploration activities in different potential areas during the last...
Govt removes FATF concerns regarding amnesty scheme, Senator Haroon Akhtar
ISLAMABAD:Â Special Assistant to the Prime Minister on Revenue, Senator Haroon Akhtar has said that the Financial Action Task Force (FATF) has not...
Govt abandons plans of sugar procurement citing PSMA refusal
ISLAMABAD: The government is said to have abandoned the plan of procuring 0.3 million tons of sugar and export plan after sugar...
WB’s South Asia Rep for Energy Meets with Federal Minister of Privatisation
ISLAMABAD: The South Asia Practice Manager for Energy at the World Bank, Simon Stolp and his team met with Fawad Hasan Fawad,...
ZTE all set to recapture IT market as US lifts ban
In a major development, the United States has lifted its trade ban on China’s telecom giant, ZTE, making way for the company...
Pakistan struggled to extract major gains from Chinese in JCC talks
ISLAMABAD: The recently held 7th Joint Cooperation Committee meeting of China-Pakistan Economic Corridor hasn’t brought Pakistan much joy as the Chinese sought...