Moody’s upgrades Pakistan’s outlook to ‘stable’, affirms B3 rating

As a sign of improving economy, Moody’s Investors Services have upgraded the country’s outlook from ‘negative’ to ‘stable’, reaffirming the country’s rating...

Saudi Aramco IPO’s institutional tranche more than twice oversubscribed

RIYADH: Institutional investors have put in 144.1 billion riyals ($38.4 billion) worth of bids for Saudi Aramco’s planned initial public offering (IPO), equivalent...

Zameen.com to hold Pakistan Property Show in Dubai on Dec 6, 7

LAHORE: Pakistan's largest real estate portal, Zameen.com, has announced its decision to hold another massive edition of the ‘Pakistan Property Show’ –...

KSE-100 surges 836 points amid upbeat economic outlook

KARACHI: The Pakistan Stock Exchange (PSX) opened the week with a boom as the indices rallied amid improved economic indicators. Foreign investors offloaded...

Govt announces slight reduction in petroleum prices

The government on Saturday night decreased the prices of petroleum products for the month of December. The decision was made keeping in view...

FBR fails to meet revenue target as deficit reaches Rs214bn

Shabbar Zaidi says revenue collection in 5MFY20 is 17pc higher compared to last year

Cutlery exports increase 9pc in 4MFY20

ISLAMABAD: Cutlery exports from the country witnessed an increase of 9.32pc during the first four months of the current financial year (FY20),...

International stocks to outperform US in 2020: investors

NEW YORK: Even though the US stock market continues a record-breaking rally that has sent the benchmark S&P 500 index up nearly...

FBR to tighten noose around sugar manufacturers

Revenue board deputes officers to investigate tax evasion in sugar sector

China’s factory activity unexpectedly returns to growth in Nov

BEIJING: Factory activity in China unexpectedly returned to growth in November for the first time in seven months, as domestic demand picked...

Samsung, LUMS join hands to accelerate social startups in Pakistan

LAHORE: Samsung Electronics Pakistan and Lahore University of Management Sciences (LUMS) have joined hands to support and empower social startups contributing towards the...

US weighs new regulations to further restrict Huawei suppliers

WASHINGTON: The US government may expand its power to stop more foreign shipments of products with US technology to China’s Huawei, amid frustration...

PTA terms American watchdog’s report on Pakistan as ‘biased’

ISLAMABAD: Pakistan Telecommunication Authority has released a detailed response to Michael J Abramowitz, President of the Freedom House – an NPO watchdog organization...

Korean investors eager to explore Pakistani market: envoy

South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...

FBR chief urges traders to help curtail smuggling

RAWALPINDI: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sought traders’ help and cooperation in addressing the menace of smuggling. The...