US annual trade deficit shrinks for first time in six years
WASHINGTON: The US trade deficit fell for the first time in six years in 2019 as the White House’s trade war with China...
Oil jumps 3pc on reports of effective coronavirus drug
LONDON: Oil prices jumped by more than 3pc on Wednesday on media reports that scientists have developed a drug against the fast-spreading...
Pakistan, Malaysia agree to enhance trade, investment ties
--'Both sides will encourage their respective chambers of commerce to undertake joint initiatives'
--'PIA will soon start a new direct flight from Lahore...
MCB Bank’s profit before tax grows 25pc, crosses Rs40bn mark
The Board of Directors of MCB Bank Limited met under the chairmanship of Mian Mohammad Mansha on Tuesday to review the bank’s...
Another day, another record: Tesla shares hit $900
TOKYO/SEOUL: Shares of Tesla Inc surged 15pc on Tuesday to hit the $900 mark, extending a stunning rally that has more than...
Pakistan to buy more Malaysian palm oil after India’s withdrawal
KUALA LUMPUR:Â Pakistan will buy more palm oil from Malaysia, Prime Minister Imran Khan said on Tuesday, to try and compensate after top...
Oil rebounds on potential for further OPEC+ supply cuts
LONDON:Â Oil prices clawed background on Tuesday on hopes for additional production cuts from OPEC and its allies to offset any potential demand...
Pakistan’s deficit under microscope as IMF review begins
ISLAMABAD: Pakistan will come under pressure to convince the International Monetary Fund (IMF) it can bring down a ballooning fiscal deficit, as...
Govt exempts export-oriented units from regulatory duty
--ECC again defers decision to hike gas price, directs Petroleum Division to come up with a better alternative
--Committee approves creation of digital...
UK regional productivity gaps as wide as in 1901, no easy fix seen
BIRMINGHAM: Gaps in economic productivity between London and other regions of the United Kingdom are as wide as they were in 1901...
CCoP allows open bidding for 27 state properties
ISLAMABAD: Almost a year after the federal cabinet's decision to sell "unproductive properties", the Cabinet Committee on Privatisation (CCoP) has allowed open...
Bulls stage comeback as KSE-100 gains 474 points
KARACHI: After yesterday's brutal sell-off, trading session at the Pakistan Stock Exchange (PSX) began on a buoyant note on Tuesday, with the...
Textile policy likely to be approved on 15th
'Approval got delayed owing to PM's focus on sugar, wheat crises'
‘Operational challenges’: Qatar Airways suspends flights to China
Qatar Airways has taken the decision to suspend flights to mainland China from Monday (3 February) until further notice due to significant...
IMF concerned over expected change of face in FBR
--Officials say 'change in FBR admin may further reduce revenue collection'
--IMF delegates not happy with delay in appointments of financial advisers for...