Oil steadies near 3-month highs on US, Chinese economic data
LONDON:Â Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism...
Poultry sector hits all-time low in 2019
KARACHI: The year 2019 has turned out to be another low-growth year for Pakistan's poultry sector, which is at its all-time low,...
Turkey unveils $3.7bn home-grown electric car project
ISTANBUL: Turkey said it plans to produce up to 175,000 vehicles annually under its domestic electric car project, set to be unveiled...
Pharma exports up 8.6pc in five months
ISLAMABAD:Â The export of pharmaceutical products during the first five months of the financial year 2019-20 grew by 8.66pc as compared to the...
NAB won’t nab you now, PM Imran assures businessmen
PM says amended NAB Ordinance will insulate business community from accountability watchdog
KSE-100 drops 279 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Friday, with the KSE-100 Index failing to sustain gains and closing...
NEPRA approves Rs1.56 per unit hike in power tariff
ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved Rs1.56 per unit increase in the power price on account of fuel...
‘Saudi-Kuwaiti accord paves way for resumption of oil production’
DUBAI:Â Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production...
Trump says he and Xi will sign China trade deal
PALM BEACH: US President Donald Trump said he and Chinese President Xi Jinping will have a signing ceremony to sign the first...
PSX appoints Farrukh Hussain Khan as CEO
KARACHI: The Pakistan Stock Exchange (PSX) has appointed Farrukh Hussain Khan as its new chief executive officer, as per a notification released...
Oil rises on supply cut pledges and slow return of Gulf field
NEW YORK: Oil prices rose on Tuesday in thin pre-Christmas trading after Russia said cooperation with OPEC on supply cuts would continue...
IMF notes stability in Pakistan’s banking sector
KARACHI:Â The banking sector remains stable, but credit conditions are tight, according to a staff report by the International Monetary Fund (IMF).
At end-September...
Govt’s decision to impose 8pc tax on NTC likely to be reversed
ISLAMABAD: National Telecommunication Corporation (NTC) Managing Director Brig (r) Viqar Rashid Khan said that the government has identified the flaw in 8pc...
Cement exports decline 5.2pc in five months
ISLAMABAD: The export of cement witnessed a decrease of 5.27pc during the first five months of the current financial year (FY20) as...
Revised revenue target to be reviewed in upcoming quarters: IMF
--Official stresses implementation of Public Finance Management Law to ensure fiscal discipline in Pakistan
--Says a joint working group will be constituted by...