Oil gains ahead of US-China trade deal, snapping four-day decline

LONDON: Global oil benchmark Brent crude rose 1pc to near $65 a barrel on Tuesday, snapping four straight days of declines on easing...

NITL selects Refinitiv’s ‘World-Check’ to ensure financial compliance

ISLAMABAD: National Investment Trust Limited (NITL), Pakistan’s first & largest asset management company, has selected Refinitiv’s ‘World-Check’ to support its compliance with the...

SBP imposes Rs219m fine on five commercial banks

KARACHI: The State Bank of Pakistan (SBP) has imposed a cumulative fine worth Rs219.136 million on five commercial banks for violating its...

The Organic Meat Company applies for IPO at PSX

LAHORE: The Organic Meat Company Limited (TOMC) on Tuesday applied for initial public offering (IPO) listing at the Pakistan Stock Exchange (PSX)....

‘US businessmen keen to invest in first CPEC economic zone’

ISLAMABAD: US entrepreneurs have shown a keen interest to invest in the China Pakistan Economic Corridor’s first Special Economic Zone (SEZ) – the...

Stocks stay flat amid lacklustre trading

KARACHI: Stocks traded within a narrow range for the second consecutive session on Tuesday, as the indices oscillated in both ways in...

SECP’s new brokers regime opposed    

ISLAMABAD: Small brokers have raised serious reservations over the Securities and Exchange Commission of Pakistan (SECP)’s new brokers regime. They said that the...

Cargo transporters end strike on govt assurances

KARACHI: Goods' transporters on Monday announced an end to their strike after holding successful negotiations with the federal government. The move comes after the...

OGRA reduces RLNG prices for January

The Oil and Gas Regulatory Authority (OGRA) on Monday reduced the prices of Re-gasified Liquefied Natural Gas (RLNG) for the month of...

Car sales drop 25pc in 2019 

Car sales in the country jumped by 23pc on a month-on-month basis to 12,100 units in Dec 2019, as compared to Nov...

Govt optimistic of achieving $24bn remittance target in FY20

ISLAMABAD: The growth in foreign remittances, which soared to $11.4 billion during the July-December period of FY20, is likely to continue for the...

Industrialists end sit-in after successful talks with SSGC officials

KARACHI: The protesting industrialists on Monday ended their sit-in outside the Sui Southern Gas Company’s head office after successful talks with the...

KSE-100 lands flat after range-bound session

KARACHI: Investors of the Pakistan Stock Exchange (PSX) endured a volatile session on Monday, with the benchmark KSE-100 closing flat amid range-bound activity. Foreign...

FBR’s poor performance angers Hafeez Sheikh

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh is not happy with the performance of the Federal Board...

Additional Rs209 billion collected in first 5 months: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) says it collected additional Rs209 billion during the first five months of this fiscal year...