Usage of Chinese yuan in Pakistan, other BRI countries on the rise
BEIJING: The Belt and Road Initiative (BRI) has fueled the yuan's internationalisation, particularly in the past two to three years as work...
Finance adviser, provincial ministers apprise IMF Mission of fiscal policies
ISLAMABAD:Â Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh, along with the Sindh Chief Minister Murad Ali Shah and provincial...
Iran must resist US sanctions through oil, non-oil exports: Rouhani
'We should increase production and raise our (non-oil) exports and resist America's plots against the sale of our oil'
DUBAI:Â President Hassan Rouhani...
Govt urged to initiate crackdown against counterfeit drugs
'Pharma companies will stop making drugs if a transparent and rational pricing mechanism is not put in place'
ISLAMABAD:Â The Pharma industry has...
Petrol to touch Rs108 after ECC okays hike
'Oil prices had gone up in int'l markets owing to new sanctions imposed by US President Donald Trump on Iran'
The Economic...
Stocks continue to bleed as index sheds another 424 points
KSE-100 Index lost 1,007.68 points or -2.71pc in the outgoing week
KARACHI:Â Continuing with the downfall, Pakistan Stock Exchange (PSX) ended the last...
Telcos decide to move court for clarification on licence renewal terms
'With just a couple of weeks remaining, telcos still remain clueless about the govt's licence renewal policy'
Jazz and Telenor have decided...
Report on Kekra-I offshore drilling within 3-4 weeks, Senate told
ISLAMABAD:Â Energy Minister Omar Ayub Khan said on Friday that the report on any discovery of energy reserves at Kekra-I offshore drilling site...
German car sales stuck in reverse gear
FRANKFURT:Â New car registrations in Germany fell back in April, official data showed on Friday, in a sign the vital industry is still...
World’s first Urdu based ‘Siri-styled’ voice-recognition AI bot launched
KARACHI:Â The underlying theme of this year's Smart CX conference, held in Karachi, was the use of innovative technology to enhance customer experience...
Arif Naqvi faces 24-hour curfew after bail decision
A British court has ordered former Abraaj chief executive Arif Naqvi be freed on £15 million bail while he fights extradition to...
‘Financial literacy to become part of new curriculum’
ISLAMABAD:Â Education Minister Shafqat Mahmood has shed light on the importance to inculcate financial discipline, savings culture and investment benefits among the youth...
Qatar agrees to supply LNG to Pakistan on low rates: sources
'The new LNG supply agreements will help Pakistan save approximately $2.5bn in 10 years'
ISLAMABAD:Â The government has convinced Qatar to supply 400...
Shell profit edges higher to $6bn in first quarter
LONDON:Â Energy giant Royal Dutch Shell on Thursday said net profit edged higher to $6 billion in the first quarter, with the advance...
KSE-100 drops 236 points amid dull trading
KARACHI:Â Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday, as the indices continued to slip amid low volumes. Foreign investors...