US firms in China frustrated, business lobby says

BEIJING: American firms in China remain frustrated and are growing more pessimistic about their prospects in the country, a top business lobby said...

Climate change lowers Pakistan’s mango produce by 20pc

KARACHI: Climate change has affected mango produce in Pakistan, particularly in Sindh and Punjab, by 20pc, according to the Economic Survey of Pakistan. The...

Bears dominate as KSE-100 sheds over 600 points

KARACHI: Bears of Pakistan Stock Exchange (PSX) were again successful in capturing the market, as the indices bled for the most part of...

Gas tariff likely to increase by 75-80pc, says OGRA chief

The Oil and Gas Regulatory Authority (OGRA) chairperson has said that the hike in gas price was inevitable and an increase of...

Dubai Expo 2020 to give $33bn boost to UAE economy

DUBAI: Dubai's Expo 2020 global trade fair is expected to give the United Arab Emirates an economic boost of over $33 billion, consultants...

US slaps sanctions on alleged new IS financiers

WASHINGTON: The United States on Monday imposed sanctions on financiers with bases in Belgium, Kenya and Turkey on charges they funnelled money internationally...

Goldman Sachs reports lower profits as it eyes Main Street growth

Goldman Sachs reported lower first-quarter earnings Monday on weakness in its traditional trading business as it emphasizes newer consumer-oriented ventures, including a...

Pakistan to avail $6-8bn IMF package, says Asad Umar

IMF delegation to visit Islamabad before end of April to continue discussions on bailout package Finance minister says World Bank to...

China Silk Road Group takes keen interest in PM’s housing project

The company offers to set up a plant for pre-fabricated housing structures in Pakistan ISLAMABAD: China Silk Road Group has expressed a keen...

CDWP recommends three projects worth Rs209bn to ECNEC

Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project ISLAMABAD: The Central Development Working...

PSX turns green as investors remain upbeat on IMF package

KARACHI: Optimistic sentiments continued to surround the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices, after...

FATF asks Pakistan to document, regulate gold markets

The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...

Locally-assembled Changan vehicles to roll out in April

Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per...

Facebook spends $22.6m to keep Mark Zuckerberg safe

Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a...

ZTBL fails to publish financial statements for two straight years

ISLAMABAD: The federal government's policy to appoint foreign professionals on important positions is not yielding the desired results, as officials seem reluctant to...