Long delays and poor service as customers activate new Chip ATM cards

KARACHI: December 31st, 2019, was the last day for banks across Pakistan to switch from magnetic strip cards to Europay Mastercard Visa...

PSX witnesses bearish trend, closes at 40,735 points

ISLAMABAD: The KSE-100 index during 4Q 2019 recorded growth of 8,656 points, up by 27 per cent; which is the highest quarterly...

CCI decides to allow provinces to implement ‘uniform standards’

--PSQCA assigned with registration of products and setting new standards ISLAMABAD: After a long fight between the Center and provinces over establishing a...

Huawei gets India nod to participate in 5G trials

The Indian government has allowed Chinese telecom company Huawei Technologies Co to participate in trials for 5G networks, a company spokesman said...

KSE-100 falls flat amid volatility

KARACHI: The Pakistan Stock Exchange (PSX) started the first session of the week on a positive note but failed to sustain the gains...

Saudi Arabia may cut light crude prices to Asia in February

SINGAPORE: Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on...

Recession, robots and rockets: another roaring 20s for world markets?

LONDON: Helicopter cash, climate crises, smart cities and the space economy — investors have all those possibilities ahead as they enter the third...

NAB team raids Fazaia Housing Scheme office, seizes record

KARACHI: Acting upon the complaints of the affectees of Fazaia Housing Scheme scam, the National Accountability Bureau (NAB) team on Saturday raided the...

PM to perform groundbreaking of Allama Iqbal Industrial City on Jan 3

LAHORE: Prime Minister Imran Khan would perform the groundbreaking of the state-of-the-art Allama Iqbal Industrial City, a prioritised project of the Faisalabad...

Weekly inflation increases 0.65pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on December 26 increased by 0.65pc as compared to the previous...

Sindh shifts blame on Centre as gas shortage peaks in province

The federal government was responsible for the shortage in gas supply in Sindh, claimed Sindh Information Minister Saeed Ghani on Saturday, refuting...

Gallup, D&B partner to create Consumer Confidence Index in Pakistan

LAHORE: Gallup Pakistan has signed a memorandum of understanding (MoU) with Dun and Bradstreet (D&B) Pakistan to create a publicly available Consumer Confidence...

Oil steadies near 3-month highs on US, Chinese economic data

LONDON: Oil prices steadied on Friday, hovering just under three-month highs as upbeat economic data from China and the United States and optimism...

Poultry sector hits all-time low in 2019

KARACHI: The year 2019 has turned out to be another low-growth year for Pakistan's poultry sector, which is at its all-time low,...

Turkey unveils $3.7bn home-grown electric car project

ISTANBUL: Turkey said it plans to produce up to 175,000 vehicles annually under its domestic electric car project, set to be unveiled...