Chinese regions unveil credit support for virus-hit firms

BEIJING/SHANGHAI: Financial regulators in Guangdong province in southern China, Chengdu and Beijing have unveiled detailed measures to support firms hit by the coronavirus...

7MFY20: FBR shortfall clocks in at Rs103bn

ISLAMABAD: Shortfall in the Federal Board of Revenue's revenue during the first seven months of the current fiscal year (FY20) was recorded...

Petrol price remains unchanged for February

The government has decided to keep the price of petrol unchanged for the month of February. The Oil and Gas Regulatory Authority (OGRA)...

Oil falls as virus outbreak shakes growth predictions

NEW YORK: Oil prices fell on Friday, on track for a fourth straight weekly loss, on mounting worries about economic damage from...

PSX no longer recognises AMCAP Securities

KARACHI: The Pakistan Stock Exchange (PSX) has cancelled the Trading Rights Entitlement (TRE) of AMCAP Securities Ltd, according to a statement released...

Regal Automobiles launches 800cc hatchback Pearl Prince

Priced at Rs1.049m, the car comes with EFI engine, power windows and steering, multimedia system and a three-year warranty

Income tax deadline extended till Feb 28

The Federal Board of Revenue (FBR) on Friday extended the deadline to file income tax returns till February 28, 2020, to facilitate...

LPG price slashed by Rs111 per 11.8kg cylinder

The Oil and Gas Regulatory Authority (OGRA) on Friday issued a price-revision notification of liquefied petroleum gas (LPG) for the month of...

Exxon quarterly profit falls 5.2pc on weak refining, chemical margins

HOUSTON: Exxon Mobil Corp reported a 5.2pc drop in fourth-quarter profit on Friday, as assets sales propped up flat year-over-year oil and...

Standard Chartered’s Shazad Dada elected as OICCI president

Standard Chartered Bank Pakistan Limited Chief Executive Officer Shazad Dada has taken over as president of the Overseas Investors Chamber of Commerce...

Stocks shed 272 points in volatile session

KSE-100's weekly return stood at -2.35pc, whereas its monthly return clocked in at 2.20pc

Qeemat Punjab App launches delivery service in four major cities

LAHORE: Qeemat Punjab, an app developed by the Punjab Information Technology Board (PITB) to monitor the prices of household commodities, has launched...

ADB approves $15m loan for urban development planning in Punjab

ISLAMABAD: The Asian Development Bank (ADB) will help the Punjab government to design comprehensive investment and public service delivery plans in preparation for...

Oil falls 2pc as China virus cases surpass SARS total

NEW YORK: Oil prices fell 2pc on Thursday to the lowest in three months on concerns over the potential economic impact of...

ICI Pakistan’s consolidated profit after tax increases 124pc

The ICI Pakistan Limited's Board of Directors has announced the company’s financial results for the six-month period ending December 31, 2019. On a...