Oil pares losses on fresh Mideast tensions
HOUSTON: Brent crude prices steadied on Friday, paring earlier losses as Middle East tensions erupted again after the United States added new...
Center, Sindh at loggerheads over proposed gas pricing formula
ISLAMABAD: The federal government and the Sindh government are at loggerheads over the proposal to include the price of imported LNG in...
‘Pakistan’s textile exports to hit $26bn-mark in next five years’
Long-term textile policy likely to be presented for approval next week
K-Electric faces financial crisis as receivables reach Rs52.2bn
'With huge amounts pending in the form of receivables from Sindh govt, KE is facing severe constraints in running its day-to-day operations'
Anti-Russia elements active in conspiring against NSGP project
Pakistani govt terms media report regarding ban on Russian company involved in North-South Gas Pipeline Project as 'fake and fabricated'
PM inaugurates Rs510m Azakhel dry port in Nowshera
'Govt will sell and repurpose railways' land in order to pay for losses accumulated in previous regimes'
Cantonment boards approach MoF to settle revenue dispute with provinces
Finance ministry likely to take up the issue in next NFC meeting
Stocks extend gains with 683-point rally
KARACHI:Â Bull run continued at the Pakistan Stock Exchange (PSX) on Friday, as the indices accumulated gains all day long, helping the benchmark...
SBP reserves cross $11.5bn markÂ
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14.3 million on a weekly basis.Â
According to...
No agreed target for exchange rate under IMF programme: SBP
KARACHI:Â The State Bank of Pakistan (SBP) on Friday issued a series of tweets through its official Twitter handle, clarifying that the exchange...
Showroom of Pakistan’s first electric car company inaugurated in Lahore
LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore.
Punjab Minister for Housing, Urban Development...
Samsung, BMW join hands to make 5G powered car
SEOUL: Samsung and BMW have joined hands to make 5G powered car by 2021. The BMW announced that 2021’s BMW iNEXT will...
Jubilee Life Insurance sells 355,000 shares of Highnoon Laboratories
KARACHI: The Jubilee Life Insurance Company Limited on Friday disclosed that it sold 355,000 ordinary shares on January 9, 2020 of M/s...
PSX Director Shahnawaz Mahmood tenders resignation
KARACHI: Shahnawaz Mahmood, the Director of Pakistan Stock Exchange Limited tendered resignation with immediate effect.
According to a notification published on PSX website...
World stocks scale records on easing of Mideast tensions
NEW YORK:Â Crude prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in...