Nestlé Pakistan’s revenue falls 3pc to Rs116bn
Nestlé Pakistan posted a revenue of Rs116 billion for 2019, a 3.9pc reduction from 2018.
The continuously evolving challenges in the economic and...
Oil falls as coronavirus gains territory
KARACHI: Following a rebound in black gold last week, crude oil found itself trading sharply lower on Wednesday as the rapid spread...
Break on gold rally as investors book profit
KARACHI:Â Gold dropped Rs400 to Rs94,750 per tola after trading at Rs95,150 per tola. As per the Karachi Sarafa Association, gold prices checked...
KSE-100 jolted by global market tremors, falls 520 points
KARACHI:Â In line with global market trends, the Pakistan Stock Exchange (PSX) ended another session in the negative zone.
As per the analysts, the...
China virus wipes out $1.7 trillion in US stock market value in two days
NEW YORK: Stocks cratered again on Tuesday as investors fled riskier assets amid intense fears about a slowdown in global growth caused...
Competing telecom operators integrate mobile financial platforms
Jazz, Telenor collaborate to ensure reliable, border-less services to customers
Bears keep control as index drops 285 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 index falling below the 39,000-mark.
Foreign investors...
Gold at a high as oil slips lower
KARACHI:Â Gold hit a seven-year peak as fear regarding coronavirus does not seem to be off the radar.
While gold saw safe-haven inflows, world...
FBR tightens noose around Karachi marriage halls
The Federal Board of Revenue (FBR) has squeezed the net around marriage halls in Karachi over tax evasion worth billions of rupees...
‘Very good ties’ with Pakistan; $3bn military deals with India
AHMEDABAD: United States (US) President Donald Trump on Monday appreciated Pakistan’s efforts for peace and expressed hope for a reduction in tensions in...
US company to manufacture biomedical equipment in Pakistan
LAHORE: For the first time in the country's history, a US biomedical engineering company would set up a manufacturing unit of biomedical...
Banks to remain open this weekend: SBP
KARACHI:Â The State Bank of Pakistan (SBP) has directed 13 authorised banks to keep all their designated branches in the country open from...
Bloodbath at PSX as index plunges over 1,100 points
KARACHI:Â The Pakistan Stock Exchange (PSX) had a forgettable start to the trading week, with the indices crumbling amid concerns over rising coronavirus...
Farrukh Hussain Khan assumes charge as PSX CEOÂ
KARACHI: Farrukh Hussain Khan assumed charge as Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX) on Monday.
In a notification posted...
Pakistan Auto Show hosts symposium on industry’s future
The second day of Pakistan Auto Show 2020 hosted a symposium on the "Future of Automotive Industry" in the country.
The motive of...