Bitcoin extends losses after Fed chief urges halt to Facebook’s crypto project

LONDON: Bitcoin dipped almost 8pc on Thursday, extending losses the day after US Federal Reserve Chairman Jerome Powell called for a halt...

Stocks stay flat in range-bound trading

KARACHI: Amidst lack of positive triggers and times of economic uncertainty, the investors of Pakistan Stock Exchange endured another range-bound session on...

Groundbreaking of much-delayed Coastal Oil Refinery this year: official

--'The project, expected to be completed by the end of 2023, will refine around 250,000 barrels of oil per day' ISLAMABAD: The...

China says US trade issues are ‘definitely’ resolvable

BEIJING: China said on Thursday that the thorny trade issues plaguing relations with the United States are resolvable after fractious talks between the economic...

Senate body calls for legislation to resolve expats’ mobile registration issues

ISLAMABAD: Senate Standing Committee on Information Technology and Telecommunications Chairperson Rubina Khalid on Wednesday stressed the need to formulate policy through legislation for...

NAB arrests Sindh Bank president, others in fake accounts case

The National Accountability Bureau (NAB) on Wednesday arrested the president, vice president, director and ex-president of Sindh Bank in the fake accounts...

Malaysian PM stresses need to enhance trade ties with Pakistan

RAWALPINDI: Malaysia and Pakistan enjoy excellent trade relations and both countries have tremendous potential to increase bilateral trade from the existing level,...

Asad Umar becomes NDC member

ISLAMABAD: Prime Minister Imran Khan has appointed former finance minister Asad Umar as member of the National Development Council (NDC), said a...

Record-tampering case surfaces in SECP

ISLAMABAD: A record-tampering case has surfaced in the Securities of Exchange Commission of Pakistan (SECP), where two Pakistani directors of a registered...

Overseas Pakistanis remitted $21.84bn in FY19

ISLAMABAD: Pakistan has witnessed a 19.68pc increase in remittances during the fiscal year 2019, as compared to the corresponding period of last...

FBR falls Rs556bn short of revenue target

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government, in its first year in power, has failed miserably in achieving the revenue target of Rs4.39...

Twitterati tells Meezan Bank to ‘Netflix and chill’

Meezan Bank recently disallowed the payment for Netflix application, calling it “non-Shariah compliant”. The bank’s decision has left many of its customers, who...

China to reduce tariffs, improve export tax rebate policies

BEIJING: China will stabilize trade by reducing tariffs, improving export tax rebate policies and cutting insurance fees for export companies, state television...

WEF president to arrive in Islamabad tomorrow

--This is the first visit of a World Economic Forum president to Pakistan in almost 20 years Børge Brende, President of the...

KSE-100 closes flat amid volatile trading

KARACHI: Amidst volatile trading and thin market participation, the Pakistan Stock Exchange (PSX) closed Wednesday’s session flat. Foreign investors closed the previous...