Toyota sees new business opportunity in leveraging hybrid tech

TOYOTA CITY: The head of Toyota Motor Corp's electric vehicle (EV) business has said that the automaker has received enquiries from more...

Huawei says its equipment as secure as any, pans US campaign

BRUSSELS: China's Huawei Technologies said on Thursday the security of its telecoms network equipment was as tight as any, and hit back at...

SBP reserves decrease by $220m, stand at $10.27bn

KARACHI: The total liquid foreign reserves of the country stand at $17.228 billion, said the State Bank of Pakistan (SBP). According to the SBP's...

PM assures maximum facilitation of Chinese companies in Pakistan

ISLAMABAD: Prime Minister Imran Khan said on Thursday that the government accorded top priority to the China-Pakistan Economic Corridor (CPEC), as it would...

UAE’s Mubadala Petroleum mulls further expansion in Pakistan

ISLAMABAD: Mubadala Petroleum, an international oil and gas company based in the UAE, has expressed a keen interest in further strengthening its foothold...

Negotiations on Pak-Turkey FTA to conclude in June

'Pakistan and Turkey can increase bilateral trade from the existing $598m to $6bn in the near term' ISLAMABAD: Negotiations on the Free Trade Agreement...

Services trade deficit shrinks 36.54pc in eight months FY19

ISLAMABAD: The country's services trade deficit narrowed by 36.54pc during the first eight months of the current fiscal year as compared to...

KSE-100 manages to close in green despite early tremors

KARACHI: After taking a hammering in the previous session, the Pakistan Stock Exchange (PSX) managed to close Thursday's session in the green. Foreign...

Oil prices slip as US stocks surge, but global market tightens

LONDON: Rising US crude stocks dragged oil lower on Thursday but prices continued to find a floor as OPEC-led cuts and freefalling...

Ahead of WB team’s visit, govt confident of improving Pakistan’s EOBD ranking

'Integration of SECP with Punjab and Sindh business registration portals has reduced the time and process for company registration' 'Complete automation...

Czech business delegation to explore Pakistani market in June

'The Czech delegation, which will be led by its Ministry of Commerce, will explore possibilities of JVs and business collaborations in...

PSX sheds 550 points amid fears of economic slowdown

KARACHI: The Pakistan Stock Exchange (PSX), following a weak start, caved into selling pressure on Wednesday, as yesterday's relief rally failed to carry...

Uber plans to sell around $10bn worth of stock in IPO: sources

An IPO of this size will make Uber one of the biggest technology IPOs of all time, and the largest since...

IMF cuts global growth estimate to 3.3pc as world economy loses steam

WASHINGTON: The global economy is facing a "delicate moment," beset with risks as the recovery loses steam amid trade tensions, Brexit and other...

Govt urged to facilitate furniture sector in upcoming budget

PFC chief says it is the govt's responsibility to patronise the local industry by discouraging the import of furniture items ISLAMABAD: Pakistan Furniture...