Covid-19 scare: PSX nosedives as KSE-100 loses 2,200 pointsÂ
KARACHI: The Pakistan Stock Exchange (PSX) nosedived on Monday after the benchmark KSE-100 Index dropped over 2,200 points in the opening hours...
Asian markets fall as Fed rate cut fuels fears for US economy
Asian markets fell on Monday as another US interest rate cut and fresh stimulus measures failed to lift confidence, with analysts warning...
Airline Swiss to ground half its fleet, cut work hours
ZURICH: Lufthansa subsidiary Swiss International is taking half its fleet out of service and reducing working hours for flight personnel to help...
Urea price differential may lead to higher offtake for FFC
LAHORE: A 3pc YoY decline in urea offtake has neutralised the impact of higher urea prices (Rs260 per bag over 2019 vs....
Govt’s decision to seal Torkham border irks KP traders
‘Border should be closed for public but not for freight vehicles’
UAE central bank announces $27bn plan to contain coronavirus
CAIRO/DUBAI: The central bank of the United Arab Emirates (UAE) announced on Saturday a 100 billion dirham ($27 billion) economic plan aimed...
Apple to close retail stores worldwide, except Greater China, until 27th
Apple Inc said late on Friday it will close all its retail stores, except those in Greater China, for the next two...
Packages Limited posts 76pc fall in consolidated profit
LAHORE: The Board of Directors (BOD) of Packages Limited (PKGS) met on Friday to review the company’s performance and announce its financial...
Weekly inflation up 0.71pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on March 13 increased by 0.71pc as compared to the previous...
Karachi’s infrastructural uplift vital to boost exports, economic activities: PM
ISLAMABAD:Â Prime Minister Imran Khan on Friday said that being the engine of growth, uplift of the communications infrastructure and ports of Karachi...
Oil bounces 5pc but set for biggest weekly thumping since 2008
LONDON:Â Oil prices were up more than 5pc on Friday but set for their worst weekly drubbing since the 2008 financial crisis as...
Telenor celebrates 15 years in Pakistan with successful 5G trials
Telenor Pakistan, the country's leading telecom and digital services provider, marked 15 years of its operations in Pakistan through the successful trial...
Foreign outflows cross $700m in March: SBP
KARACHI: Total gross divestment during March 2020 has reached $772.3 million, according to data released by the State Bank of Pakistan (SBP),...
SECP reviews stock market situation amid repeated halts
The Securities and Exchange Commission of Pakistan (SECP) and the chief executive officers (CEOs) of the Pakistan Stock Exchange, National Clearing Company...
Apple says reopening all its branded stores in China
Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month...