December US factory activity weakest in a decadeÂ
The US manufacturing sector contracted in December by the most in more than a decade with order volumes crashing to near an...
PIAF concerned as big industry contracts for 11th consecutive month
LAHORE: Pakistan Industrial and Traders Associations Front (PIAF) has raised serious concerns over the continuous decline in the large-scale manufacturing index (LSMI),...
Cotton arrivals fall 20pc to 8.1m bales
MULTAN:Â Seed cotton (Phutti) equivalent to 8.13 million bales reached ginneries across Pakistan till Jan 1, 2020, registering 20.77pc shortfall compared to the...
Oil prices surge, markets sit up, PSX falters after Gen Soleimani’s death
Bull-run ends at PSX as world markets react to the significant escalation in Middle East tensionsÂ
Xiaomi to invest $7bn in 5G, AI and IoT over next five years
BEIJING: Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth-generation internet technologies...
Non-compliant debit and credit cards will not be blocked: SBP
Instead of an official circular, SBP practically extends deadline for banks to convert magnetic stripe cards to EMV through a press release
UAE crown prince announces $200m for SMEs in Pakistan
ISLAMABAD: Abu Dhabi’s Crown Prince Sheikh Mohamed bin Zayed Al Nahyan, who visited Pakistan along with a high-level delegation on Thursday, directed the...
‘Cement industry to operate at only 78pc capacity’
Dec 2019 sees cement despatches grow by more than 10pcÂ
Oil firm as trade optimism, Mideast tensions support
LONDON:Â Oil rose on Thursday as signs of improving trade relations between Washington and Beijing which eased demand concerns and rising tensions in...
Govt to set up National Tax Council for harmonisation of GSTÂ
ISLAMABAD: The government has decided to set up a National Tax Council (NTC) to ensure the harmonisation of General Sales Tax (GST)...
Asad Umar stresses need to develop indigenous mineral resourcesÂ
ISLAMABAD:Â Planning, Development & Special Initiatives Minister Asad Umar on Thursday chaired a meeting to review the works of Pakistan Mineral Development Corporation...
Etisalat submits proposal for settlement of PTCL dispute
Finance adviser asks relevant secretaries to come up with a final proposal by the end of this month
Bull run continues as KSE-100 surges over 1,000 pointsÂ
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) continued with the positive momentum on Thursday, as the indices accumulated gains all-day long,...
Govt imposes severe penalties on smuggling gold, currency abroad
ISLAMABAD: In a bid to curb money laundering and to meet the conditions of the Financial Action Task Force (FATF), the government...
Transporters to observe nationwide strike today
The transporters have announced to hold a nationwide strike on Thursday (today) owing to toll taxes and other increased fines in the...