Dropbox shares close up 35pc in biggest tech debut since Snap
NEW YORK: Dropbox shares closed at $28.42, up more than 35 per cent in their first day of trading on Friday, as investors rushed to buy...
Russia keen to invest in CPEC, Balochistan: Counsel General
QUETTA: Balochistan Governor Muhammad Khan Achakzai said China-Pakistan Economic Corridor (CPEC) was creating prosperous opportunities for profitable investment in Balochistan, while 'we want...
Govt in a fix over impending peak electricity season
LAHORE: Speaking to Pakistan Today, sources in the ministry have said that a one-off payment of circular debt is strongly being considered by...
CAA deposits Rs5 bn in Ali Jahangir Siddiqui’s JS Bank, violating Finance Division’s rules
ISLAMABAD: In a surprising development, it has reliably been learnt that the Civil Aviation Authority (CAA) has deposited Rs5 billion of funds, which...
Promotion of SMEs top on SBP agenda: Tariq Bajwa
SIALKOT: State Bank of Pakistan (SBP) Governor Tariq Bajwa has said that adequate efforts were being made for the promotion of SME sector in...
Samsung Electronics shareholders approve stock split, as trade wars tension spark worries
SEOUL: Samsung Electronics Co Ltd shareholders approved a stock split on Friday making it easier for retail shareholders to hold shares in...
Dropbox’ valuation driven up by strong demand on IPO
SAN FRANCISCO: Dropbox Inc’s initial public offering, the largest tech stock debut in more than a year, was priced at $21 per...
Global stocks “shiver”, as trade wars intensify
TOKYO: The rumblings of a global trade war sent shivers through stock and currency markets on Friday after U.S. President Donald Trump...
Oil prices push up, as Saudi Arabia says production curbs could last into 2019
SINGAPORE: Oil prices rose on Friday, pushed up by Saudi statements that OPEC and Russian led production curbs that were introduced in...
Saudi crown prince set to meet top figures from Wall Street next week
BOSTON/NEW YORK: Saudi Arabia’s crown prince will rub shoulders in New York next week with top figures from Wall Street and Corporate...
Pakistan has high production costs due to expensive energy: Ishrat Hussain
ISLAMABAD: Former Governor State Bank of Pakistan (SBP) Dr Ishrat Hussain said on Thursday that Pakistan has a very high cost of production particularly due...
SBP welcomes entry of non-banks in payment systems
KARACHI: State Bank of Pakistan (SBP) Deputy Governor Riaz Riazuddin said on Thursday the central bank is facilitating the entry of non-banks in the...
CPEC provides Pakistan opportunity to be regional harbinger of peace: Rana Afzal
ISLAMABAD: Minister of State for Finance, Rana Muhammad Afzal Khan has said that China-Pakistan Economic Corridor (CPEC) is a god gifted opportunity,...
Julius Bitok invites KCCI to participate, support Trade and Investment Conference in Kenya
KARACHI: Kenyan High Commissioner Julius Kibet Bitok has invited the Karachi Chamber of Commerce and Industry (KCCI) to participate and support the forthcoming...
Call for paradigm shift in trade policy to promote regional trade
ISLAMABAD: There is a need for a paradigm shift in the national trade policy to promote regional trade and this calls for acting like...