US manufacturing group hacked by China as trade talks intensified: sources

WASHINGTON: As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for US...

SBP governor predicts further improvement in forex reserves

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Tuesday said the foreign exchange reserves of the country have improved...

Minister lauds Shell’s expansion plans in Pakistan

Royal Dutch Shell Vice President (Government Relations and Global Advisory) James Hall and Shell Pakistan MD/CEO Haroon Rashid called on Energy Minister...

Pakistan’s energy sector potential highlighted at int’l moot

Special Assistant to Prime Minister on Petroleum Nadeem Babar attended the 4th Abu Dhabi International Petroleum Exhibition and Conference as keynote speaker,...

PIA’s operational losses reduced to Rs1.5bn per month: CEO

KARACHI: Pakistan International Airlines (PIA) Chief Executive Officer Air Marshal Arshad Mahmood Malik has said that the airline's monthly operational losses have...

Traders demand immediate import of tomatoes from Iran

ISLAMABAD: As the shortage of tomatoes in the country has a caused sharp rise in their prices, traders are of the view...

Concerns raised over SECP’s proposed broker regime

ISLAMABAD: The broker regime proposed recently by the Securities and Exchange Commission of Pakistan (SECP) has caused some degree of anxiety among...

HBL to expand business in China

Habib Bank Limited plans to expand its services in China so as to tap more business under President Xi Jinping's Belt and...

Car sales drop 56pc in October

Car sales continued its downslide; recording a decline of 56pc in Oct 2019 when compared to the same month last year. Cumulatively, car...

KSE-100 closes flat in range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) failed to carry forward its positive momentum and ended a range-bound session on Tuesday flat. Foreign investors...

SC seeks PIA’s response over NAB report

ISLAMABAD: The Supreme Court on Tuesday directed the Pakistan International Airline (PIA) to submit its response on the National Accountability Bureau (NAB) report. The...

Huawei to give staff $286m bonus for helping it ride out US curbs

SHENZHEN: Chinese telecoms giant Huawei Technologies said on Tuesday it will hand out 2 billion yuan ($286 million) in cash rewards to...

AEDB signs agreement for 11 wind power projects

Alternative Energy Development Board (AEDB) has signed an agreement for the construction of 11 wind power projects which would generate 550 megawatts...

FATF targets: FBR to intensify crackdown against banned outfits

ISLAMABAD: In order to meet the condition of Financial Action Task Force (FATF) regarding the control of terror financing, the Federal Board of...

ICCI demands new industrial estate in Islamabad

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has asked the government to earmark an area in the Islamabad Capital Territory...