Coronavirus: Fear returns to global stock markets
Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the coronavirus.
London's FTSE 100 share...
Stocks plunge over 1,100 points amid growing coronavirus concerns
KARACHI:Â In line with global market trends, the Pakistan Stock Exchange (PSX) witnessed a lacklustre session on Friday, with the KSE-100 nosediving over...
Virus hit to aviation industry may top $113 billion in 2020
NEW YORK: Airlines could lose up to $113 billion in revenues this year due to the coronavirus, equivalent to the damage experienced...
Sindh govt pledges to enhance cotton production
APTMA says willing to pay cotton cess per bale, provided the funds are utilised only for research purposes
FFC further reduces urea price by Rs75 per bag
'In the wake of govt's decision to remove GIDC, FFC has now collectively reduced urea price Rs375 per 50kg bag'Â
Pakistani businessmen urged to explore Polish market
ISLAMABAD: Ambassador-designate of Pakistan to Poland Malik Muhammad Farooq on Thursday visited the Islamabad Chamber of Commerce and Industry (ICCI) where he...
Bulls regain control as KSE-100 accumulates 475 points
KARACHI: After two lacklustre sessions, bulls managed to regain control of the Pakistan Stock Exchange (PSX) on Thursday, as the indices headed...
SBP sells Rs109.6bn worth of PIBs
KARACHI:Â The State Bank of Pakistan (SBP) has raised Rs109.6 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement...
BOK posts Rs1.3bn profit for 2019
PESHAWAR: The Board of Directors of The Bank of Khyber (BOK), during its 160th meeting on Wednesday, reported a Rs1,306 million profit...
Senate body recommends wheat support price at Rs1,400
ISLAMABAD:Â Senate's Standing Committee on National Food Security & Research on Wednesday recommended fixing minimum wheat support price at Rs1,400 per 40kg to...
Bearish spell continues as KSE-100 sheds 293 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices remained in the negative zone for most...
TDAP, exporters to hold consultations on Pak-UK trade enhancement
LAHORE:Â The Trade Development Authority of Pakistan (TDAP) has prepared an eight-point agenda to capture the United Kingdom market and in this regard,...
Fed cuts benchmark rate by 50bps as coronavirus spreads
The United States Federal Reserve slashed the benchmark US interest rate by half a percentage point on Tuesday, which marks the biggest...
PAMA opposes formulation of ‘local standards’ for vehicles
ISLAMABAD: A tug of war has started between the Ministry of Science & Technology (MoST) and manufacturers/assemblers of vehicles, as the auto...
Bears back in control as index closes in red
KARACHI:Â The Pakistan Stock Exchange (PSX) failed to carry forward its bullish momentum from the previous session, with the indices ending in the...