US weighs new regulations to further restrict Huawei suppliers

WASHINGTON: The US government may expand its power to stop more foreign shipments of products with US technology to China’s Huawei, amid frustration...

PTA terms American watchdog’s report on Pakistan as ‘biased’

ISLAMABAD: Pakistan Telecommunication Authority has released a detailed response to Michael J Abramowitz, President of the Freedom House – an NPO watchdog organization...

Korean investors eager to explore Pakistani market: envoy

South Korean Ambassador to Pakistan Kwak Sung Kyu said on Friday that the investment companies of his country were eager to invest...

FBR chief urges traders to help curtail smuggling

RAWALPINDI: Federal Board of Revenue (FBR) Chairman Syed Shabbar Zaidi has sought traders’ help and cooperation in addressing the menace of smuggling. The...

Pakistan receives $2.3bn in foreign loans in 4MFY20

ISLAMABAD: Pakistan received $2.3 billion loan from foreign donors in the first four months (July-Oct) of the current fiscal year (FY20). As per...

Mukesh Ambani gears up to buy Air India

The BJP government is all set for a second attempt to sell India's national carrier Air India and Mukesh Ambani-led Reliance Industries...

Saudi Aramco IPO gets $44.3bn in bids so far

RIYADH: Saudi Aramco has received bids for its shares totalling $44.3 billion so far, lead manager Samba Capital said on Friday, putting...

KSE-100 extends rally, rises 581 points

KARACHI: Stocks continued with the positive momentum on Friday, as the indices drove north right from the beginning, helping the benchmark KSE-100 Index...

Saudi Aramco IPO’s retail tranche oversubscribed

RIYADH: The retail portion of Saudi Aramco’s initial public offering (IPO) has been oversubscribed, with orders reaching 38.1 billion Saudi riyals ($10.2...

ECC fixes wheat support price at Rs1,365 per 40kg

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Thursday raised the minimum support price of wheat from the previously announced...

Oil falls as US-China tensions flare again

LONDON: Oil prices fell for the second day on Thursday after official data showed US crude and gasoline stocks rose and President Donald...

SBP reserves rise $240m to $8.68bn

The foreign exchange reserves held by the central bank rose 2.84pc on a weekly basis, as per the data released by the...

PM calls for measures to reduce agricultural input costs

ISLAMABAD: Prime Minister Imran Khan has directed the officials concerned to frame a long-term policy regarding demand and supply of essential commodities,...

Pakistan, Qatar register 63pc growth in bilateral trade

ISLAMABAD: The volume of bilateral trade between Pakistan and Qatar increased from $1.59 billion (5.8 billion Qatari Riyals) to $2.61 billion (9.5...

US to send 15 trade delegations to Pakistan next year

US Assistant Secretary of State Alice Wells has said that the United States has planned to send 15 trade delegations to Pakistan...