Oil slips as focus shifts from Iran tensions to US crude stocks
LONDON:Â Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising US...
PSX kicks off mock trading competition for students
KARACHI: The Pakistan Stock Exchange Ltd (PSX) held an opening ceremony for the ‘PSX Stock Challenge’ on Thursday at the exchange's main trading...
Economic recovery expected by end FY20: MoF
'Govt expects to achieve higher growth rate than World Bank projections'
Shahid Salim Khan takes charge as OGDCL managing director
The state-owned oil & gas giant was being run by acting and caretaker heads for the last six years
Tractor sales drop 40pc in first half of FY20
'Govt must provide some relief and breathing space to the industry for its partial revival'
KSE-100 surges 1,165 points as geopolitical tensions ease
KARACHI:Â It was a day of relief for investors at the Pakistan Stock Exchange (PSX) as the indices recovered losses accumulated in the...
Commercial airlines get higher fuel bills as they avoid Iran, Iraq
Tokyo: Airlines are getting higher fuel bills as they reroute flights to avoid airspace over Iran and Iraq due to recent heightened...
In a first, flour mills to cut prices despite shortage Â
LAHORE: For the first time in 72 years history of Pakistan,the Punjab Flour Mills Association (PFMA) on the request of the government...
Asian stocks, oil prices rebound amid lull in global tension
Asian stock markets and oil prices rebounded on Thursday as anxiety over potential US-Iranian conflict eased.
Tokyo's benchmark gained more than 2 per...
FBR to question 24,000 Pakistanis for hoarding dollars
LAHORE: The Federal Board of Revenue (FBR) has obtained the record of 24,000 Pakistanis who had bought dollars in bulk during the...
US, UK, China remain Pakistan’s top export destinations
The United States (US) has maintained its position as the top export destination for Pakistani products during the first five months of...
Strike by millions of workers in India hits businesses
NEW DELHI: Banking and other businesses across India suffered on Wednesday as millions of workers went on strike protesting the Hindu nationalist government’s...
SBP sells Rs95.7bn worth of PIBs
KARACHI:Â The State Bank of Pakistan (SBP) raised Rs95.67 billion through the sale of Pakistan Investment Bonds (PIBs) at an auction on Wednesday.
As...
Pakistan to export 500,000MT additional rice to China
ISLAMABAD:Â After successfully completing the export quota of 250,000 metric tonnes of rice to China, Pakistan would now export an additional 500,000MT of...
After 15-month lapse, govt all set to appoint PSO managing director
ISLAMABAD:Â The government is all set to appoint a managing director (MD) for the Pakistan State Oil (PSO), as the Petroleum Division, after...