Oil prices rise after US crude stockpile drop
LONDON: Oil prices rebounded on Wednesday after a steep fall in the previous session when OPEC and its allies’ decision to extend...
Chinese company mulls to invest in Islamabad IT zone
Adviser to Prime Minister on Commerce Abdul Razak Dawood on Wednesday met a Chinese delegation of investors, inviting them to explore the...
Fertiliser prices won’t be increased, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Wednesday that the prices of fertiliser would not be increased...
SECP issues draft rules for collateral management companies
ISLAMABAD: With an aim to promote electronic trading and
warehouse receipt financing of agricultural commodities, the Security Exchange
Commission of Pakistan (SECP) on Wednesday...
‘IMF deal to open int’l markets for Pakistan’
ISLAMABAD: Minister of State for Revenue Muhammad Hammad Azhar said on Wednesday that the doors of the international market would open up...
Customs duty exemption on imported phones removed
ISLAMABAD: The customs duty exemption that was previously available on bringing one imported phone to Pakistan has been removed, as per the...
Stocks extend rally, KSE-100 closes 589 points higher
KARACHI: Stocks continued to rally for the third consecutive session on Thursday, as the indices followed the upward trajectory amid improved market...
HP, Dell, other tech firms plan to shift production out of China
--Microsoft, Alphabet, Amazon, Sony and Nintendo are also looking at moving some of their game console and smart speaker manufacturing out of...
US govt staff told to treat Huawei as blacklisted
WASHINGTON: A senior US official told the Commerce Department’s enforcement staff this week that China’s Huawei should still be treated as...
Inflation for June recorded at 8.89pc
Inflation for the month of June 2019 was recorded at 8.89pc, reflecting an increase of 0.36pc as opposed to May.
According to the...
OPEC and allies extend oil supply cut in bid to boost prices
VIENNA: OPEC and its allies led by Russia agreed to extend oil output cuts until March 2020 on Tuesday, seeking to prop...
Plastic imports drop 4pc in 11 months
ISLAMABAD: The imports of plastic materials into the country decreased by 4.15pc during the first eleven months of the fiscal year 2018-19,...
Pakistani mango festival to commence in Dubai from 11th
ISLAMABAD: Pakistan is eyeing an export target of 100,000
metric tonnes of mangoes this year in return for $80 million in foreign
exchange.
The country's...
PSX gains 310 points amid improved market sentiment
KARACHI: The Pakistan Stock Exchange (PSX) managed to end the session on Tuesday with decent gains, as the indices traded in the...
Govt urged to reduce oil price in line with int’l market
ISLAMABAD:Â The government should immediately pass on the benefit of reduced oil prices to the general public, as the crude oil price in...