Alibaba founder defends overtime work culture as ‘huge blessing’

'If you don't work 996 when you are young, when can you ever work 996?' SHANGHAI: Alibaba Group founder and billionaire Jack...

Outgoing FATF chief ‘hints’ at blacklisting Pakistan

Marshall Billingslea says with regard to an action plan agreed in June 2018, Pakistan is 'lacking in almost every respect'. Outgoing Financial...

Market Daily: KSE 100 closes red on weak corporate results

LAHORE: Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a...

Aramco CEO says oil industry facing ‘a crisis of perception’

LONDON: Saudi Aramco’s chief executive said on Tuesday the oil industry is facing “a crisis of perception” and the views of some...

SECP embargoes brokers’ engaging unauthorized agents, freelancers

ISLAMABAD: The Securities and Exchange Commission of Pakistan has put an embargo on stock market brokers disallowing them to work with outsiders...

Bourse maintains bullish sentiment; index adds 329 points

KARACHI: Positive sentiments continued to surround the Pakistan Stock Exchange (PSX) on Friday, with the indices moving north all-day long and volumes...

Fed pause expectations keep lid on dollar

The dollar index was marginally higher, fetching 95.80 at 0244 GMT. Earlier in the session, it had hit an intra-day low of 95.68

Hafeez Shaikh vows all-out measures for smooth supply of wheat, flour

ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government will take all-out measures...

Punjab’s tax collection rises to Rs32bn from Rs8bn a decade ago: Shuja ur Rahman

LAHORE: Punjab's tax collection has increased to Rs32 billion compared to Rs8 billion a decade ago, on the back of an expanding...

NAB increases scrutiny, seeks proper documentation for major agreements

ISLAMABAD: The National Accountability Bureau (NAB) has asked the central and provincial governments to submit documents worth more than $28 billion of agreements...

Pak businesses should get benefits from special economic zones under CPEC: Chinese Ambassador

ISLAMABAD: Ambassador of China to Pakistan, Yao Jing has said that the business community of Pakistan should get benefits from special economic...

FBR to re-investigate missing containers case, hold inquiries against corrupt officials

ISLAMABAD: The parliamentary panel on Wednesday recommended Federal Board of Revenue (FBR) to re-investigate the 265 missing containers case. In a meeting, the...

Rupee strengthens as dollar continues to shed value

Falling demand coupled with a surge in supply pushed the dollar's price in the open market on Wednesday in early trade and...

FBR, PSMA sign accord for electronic monitoring of sugar production

ISLAMABAD: The Federal Board of Revenue (FBR) has signed a memorandum of understanding (MoU) with Pakistan Sugar Mills Association (PSMA) to operationalize...

SBP,Government intervening in currency market to keep rupee stable says: Bloomberg report

According to a Bloomberg report, the government and the State Bank of Pakistan are intervening to keep the Pakistani rupee stable at...