IMF sees medium-term risks to global economy
WASHINGTON: The International Monetary Fund (IMF) on Tuesday urged policymakers to keep a close eye on financial vulnerabilities such as rising debt...
Interest rate remains unchanged amid inflation
–Central bank terms latest increase in inflation as ‘transitory’ in nature
–SBP says projection for real GDP growth for FY20 likely to be...
SECP initiates public consultation on proposed broker regime
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has initiated public consultation on the proposed new broker regime, which primarily aims...
Bearish trend prevails as KSE-100 sheds 240 points
KARACHI: It was a tough day for investors at the Pakistan Stock Exchange, as they saw the indices crumble once again on...
World stock markets, oil tumble over fear of China virusÂ
LONDON/NEW YORK: Global stock markets and oil prices plunged as panicked investors bolted into safer assets such as gold after China warned...
Shahid Salim Khan assumes charge as OGDCL’s MD
Shahid Salim Khan on Monday assumed his charge as the managing director (MD) and chief executive officer (CEO) of Oil and Gas...
EDB, NTC consult steel industry for tariff rationalisation
ISLAMABAD: As anomalies in the existing tariff regime are badly affecting the steel industry, the Engineering Development Board (EDB) and the National...
IMF team to evaluate Pakistan’s 2nd quarter progress from Feb 3
--A detailed review of NEPRA Act on the cards
--FBR likely to request up to Rs150bn reduction in revenue target
ISLAMABAD:Â The International Monetary Fund...
Compliance with FATF not to hurt CDNS business: MoF
Clarifying a recently published media report titled 'National Savings and FATF', the Ministry of Finance has claimed that the contents of the...
KSE-100 drops 93 points ahead of monetary policy announcement
KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a lacklustre start to the trading week, as the indices, after swinging in...
Forget policy rate cut: is a hike likely?
As most research houses predict an unchanged interest rate, few individuals see a possible hike
Pakistan imports 24,300 tonnes of cotton yarn in six months
Govt urged to help farmers increase cotton production area and per-acre yieldÂ
Premature to speculate on FATF decision, says minister
Economic Affairs Minister Hammad Azhar, who led the Pakistani delegation during the three-day talks with the Financial Action Task Force (FATF) in...
New US curb on Huawei in limbo amid pushback from Pentagon
WASHINGTON: The US Commerce Department has withdrawn a rule aimed at further reducing sales to China’s Huawei Technologies amid concerns from the...
Garment exports surge 12.8pc in 1HFY20
ISLAMABAD:Â The export of readymade garments during the first half of the current financial year witnessed an increase of 12.08pc as compared to...