CPEC investor China Three Gorges to list subsidiary on PSX
With the listing, the Chinese want to impress upon the world that they are ready to share benefits of their projects with people of countries they are investing in
Bears make a comeback as KSE-100 loses 468 points
KARACHI: Bears dominated the Pakistan Stock Exchange (PSX) on Tuesday, with the indices shedding gains accumulated in the previous session amid buying...
Rupee maintains rising trend against dollar
ISLAMABAD:Â The exchange rate of Pakistani Rupee strengthened by 14 paisas against US Dollar in the interbank market on Tuesday, ending at Rs160.91...
FATF ‘recognises Pakistan’s efforts’ to fulfil action plan: MoF
ISLAMABAD: The Financial Action Task Force (FATF) has reviewed Pakistan’s progress on FATF action plan in its Plenary meeting on 23rd October 2020, and...
Oil falls $1 per barrel on Libyan output, Covid-19 demand concerns
NEW YORK: Oil fell roughly $1 a barrel on Friday and headed for a weekly drop on rising Libyan crude supply and...
PSX lands in green amid cautious trading
KARACHI:Â The Pakistan Stock Exchange witnessed a choppy session on Friday, as investors preferred to stay on the sidelines ahead of Financial Action...
Agha Steel makes a strong entry to stock market
KARACHI: The Agha Steel Industries Limited’s initial public offering (IPO) will result in Agha Steel becoming the third company to be listed...
Rupee continues to strengthen against dollar as greenback falls to Rs161.82
Pakistani Rupee gained 60 paisas against the US Dollar on Thursday, closing the session at Rs161.82 in the open market, according to...
PSX breaks bullish streak as index falls 336 points
KARACHI: A three-day long bullish streak broke on Thursday as the Pakistan Stock Exchange (PSX) closed in the negative amid profit booking.
Equity...
New measures after Covid-19 to disrupt 85 million jobs globally: WEF
ISLAMABAD:Â Covid-19 has caused the labour market to change faster than expected, and by 2025, employers will divide work between humans and machines...
IMF cuts Asia’s growth forecast, warns of pandemic-driven risks
TOKYO: The International Monetary Fund slashed this year’s economic forecast for Asia, reflecting a sharper-than-expected contraction in countries like India, a sign...
KP govt increases wheat quota for flour mills
PESHAWAR: Special Assistant to Khyber Pakhtunkhwa Chief Minister Kamran Bangash said on Wednesday that the KP government has decided to ensure the...
PayPal to allow cryptocurrency buying, selling and shopping on its network
LONDON: PayPal Holdings Inc joined the cryptocurrency market on Wednesday, allowing customers to buy, sell and hold bitcoin and other virtual coins...
Pandemic speeds labour shift from humans to robots
ZURICH: Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the Covid-19 pandemic accelerates...
PM tasks ‘tigers’ to start anti-hoarding drive from capital
ISLAMABAD: Prime Minister Imran Khan, while chairing a high-level session regarding the ongoing efforts to control prices of essential commodities, has tasked...