Trade deficit falls by 33.5pc in four months FY20

Pakistan's trade deficit decreased significantly by 33.5pc during the first four months of the fiscal year 2019-20, a commerce ministry report revealed...

Dull trading at PSX following monetary policy announcement

Index lost 69 points as investors preferred to stay on sidelines KARACHI: It was a dull start of the week at the Pakistan Stock...

FFBL posts loss of Rs249m in April-June quarter

Karachi: In a notification sent to the Pakistan Stock Exchange, Fauji Fertilizer Bin Qasim (FFBL) announced that it had posted a loss...

Unprecedented year for Tata, market valuation hits $365bn milestone

The increase in market value for the Tata Group is largely due to impressive performances by companies such as Tata Motors and Trent

Commerce Minister releases early trade figures, to show performance

ISLAMABAD: Caretaker Federal Minister of Commerce and Industry, Gohar Ijaz, released trade figures of the first 20 days of this month. Through a...

Oil prices fall 1pc as economic worries outweigh tanker tensions

LONDON: Oil prices slipped more than 1pc on Monday as signs of an economic slowdown amid international trade disputes began to outweigh...

Stocks bleed as KSE-100 plunges 672 points 

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed bloodshed on Thursday, as the indices kept trading in the red amid lack of...

FBR to tighten noose around sugar manufacturers

Revenue board deputes officers to investigate tax evasion in sugar sector

ECC approves import of 340,000MT wheat

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday granted approval for the import of 340,000 metric tonnes of wheat. Adviser...

World stock markets suffer worst week since 2008 financial crunch

NEW YORK: Global stocks slumped to mark the largest weekly drop since the 2008 global financial crisis over fears the coronavirus could wreak...

Mobile phone imports surge 35pc

The import of mobile phones and dry fruits witnessed a surge of 35pc and 12.66pc during the first quarter of the current...

Nestlé Pakistan’s revenue falls 3pc to Rs116bn

Nestlé Pakistan posted a revenue of Rs116 billion for 2019, a 3.9pc reduction from 2018. The continuously evolving challenges in the economic and...

US to send 15 trade delegations to Pakistan next year

US Assistant Secretary of State Alice Wells has said that the United States has planned to send 15 trade delegations to Pakistan...

‘Dubai Land Department to provide details of Pakistani property owners’

Federal Board of Revenue Chairman Syed Shabbar Zaidi said on Friday that the tax authority has held a very productive meeting over...

Asian shares fall over Covid-19 drug doubts, economic damage concerns

TOKYO/WASHINGTON: Asian shares and US stock futures fell on Friday, spurred by doubts about progress in the development of drugs to treat...