Oil falls due to caution over first phase of US-China trade deal
NEW YORK:Â Oil prices fell nearly 3pc on Monday as a lack of details about the first phase of a trade deal between...
Govt urged to rationalise taxes on real estate sector
ISLAMABAD:Â Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Ahmed Waheed on Monday urged the government to take appropriate measures that could...
French energy giant Total to buy 37pc stake in India’s Adani Gas
BENGALURU/NEW DELHI:Â French energy giant Total SA said on Monday it will buy a 37.4pc stake in Indian gas distribution company Adani Gas,...
KSE-100 fails to sustain gains, loses 289 points
KARACHI:Â The Pakistan Stock Exchange (PSX), which opened positively on Monday, failed to sustain its gains in the second half and closed the...
Aramco to announce IPO ‘very soon’: chairman
RIYADH: Saudi Arabia's energy giant Aramco will announce its long-awaited stock market debut "very, very soon," its chairman said on Monday.
Aramco has...
Global risk ‘confluence,’ as tariffs, Brexit, weaker forecasts collide
WASHINGTON:Â Higher tariffs. Slower growth. The countdown to Brexit.
Halloween is still two weeks off but a witching hour for the global economy could...
Tile manufacturers demand level playing field as govt facilitates foreign investors
ISLAMABAD: As new Chinese companies are making investments in Pakistan's tiles and ceramics sector, the local industry has voiced its concerns over...
No deadlock between traders and FBR: Shabbar Zaidi
There is no deadlock between the traders and the Federal Board of Revenue (FBR) over the fixed tax issue, said FBR Chairman...
China, Pakistan agree to expedite work on CPEC’s western route
Pakistan and China have decided to expedite development work on the western route of the China-Pakistan Economic Corridor (CPEC), a private media...
Facebook’s Libra currency abandoned by major financial companies
Facebook Inc's ambitious efforts to establish a global digital currency called Libra has suffered severe setbacks, as major payment companies including Mastercard...
Minister vows to end railways’ deficit in three years
LAHORE:Â Railways Minister Sheikh Rasheed Ahmad said on Saturday that the railways' deficit would be ended completely within three years instead of the...
China agrees to tackle India’s trade deficit
MAMALLAPURAM: Chinese President Xi Jinping and Indian Prime Minister Narendra Modi agreed at a summit on Saturday to set up a high-level...
Baqir seeks to enhance women’s role in financial services
State Bank of Pakistan (SBP) Governor Dr Reza Baqir has stressed the need for commercial banks to simplify the banking system for...
Car sales decline 39pc in Sept
Car sales in Pakistan registered a decline of 39pc in Sept 2019, compared with the same month of last year.
This is primarily...
Oil rises 2pc after reports of Iranian tanker attack
NEW YORK:Â Oil prices rose about 2pc on Friday after Iranian media said a state-owned oil tanker had been attacked in the Red...