Oil prices rebound after ECB launches virus measures
Oil prices rebounded strongly Thursday a day after US crude hit its lowest level for 18 years, as the European Central Bank...
New York Stock Exchange to shut trading floor, keep electronic trade
NEW YORK: The New York Stock Exchange will halt activity on its trading floor due to the coronavirus (Covid-19) but remain open...
Public debt to remain 83pc of GDP in FY20
ISLAMABAD: The country’s public debt will remain 83 per cent of the Gross Domestic Product (GDP) during the current fiscal year (2019-20),...
Exports decline 4.1pc to $2.4bn in Feb
KARACHI: The total exports of goods and services in the month of February stood at $2.449 billion, a decrease of 4.1 per...
Foreign outflows cross $1bn mark
KARACHI: Total gross divestment during March 2020 crossed $1.122 billion, according to data released by the State Bank of Pakistan (SBP), in...
US crude hits 18-year low as lockdowns spread
LONDON: Oil prices fell for a third session on Wednesday, with US crude futures tumbling to an 18-year low and Brent hitting...
COVID-19: Airlift suspends operations, SWVL pauses intercity service
Careem, Uber to continue operations
PSX continues to bleed, index sheds 2,200 points
KARACHI: Bears extended their control on the Pakistan Stock Exchange (PSX) on Wednesday, with the indices nosediving right from word go, triggering...
SMEDA aims to activate fruit dehydration unit in Swat this year
The Small and Medium Enterprises Development Authority (SMEDA) will make the Fruits Dehydration Unit in Swat operational by mid of this year.
This...
Asian stocks open higher in choppy trade
Asian shares showed choppy movements in early trade on Wednesday following an overnight announcement from the US of a $1 trillion stimulus...
Covid-19 scare: Trading halted for 45 minutes at PSX as shares fall 5.16 %
Trading was halted at the Pakistan Stock Exchange on Wednesday for 45 minutes as KSE-100 index fell 1,682 points soon after trading.
KSE-100...
Textile sector, economists ‘disappointed’ with SBP’s new interest rate
'SBP should waive interest rates for three months and freeze all repayments till coronavirus situation improves'
Brent crude sinks below $30/bbl as recession fears weigh
NEW YORK: Brent crude fell below $30 a barrel on Tuesday to its lowest since 2016, as the coronavirus pandemic hits economic...
SBP cuts key interest rate by 75bps to 12.50pc Â
Bank announces Rs5bn scheme to combat coronavirus
Motorbike, three-wheeler sales drop 9.6pc
ISLAMABAD: The sale of motorbikes and three-wheelers witnessed a decline of 9.68pc during the first eight months (July-February) of the current financial...