Bank Alfalah’s pre-tax profit surges 14pc in first half
The Board of Directors of Bank Alfalah Limited, in its meeting held recently in Abu Dhabi, approved the bank's unaudited interim financial...
RCCI calls for efficient mechanism to control cross-border smuggling
Rawalpindi Chamber of Commerce and Industry (RCCI) President Malik Shahid Saleem on Monday urged the government to adopt modern technology and strict...
Car sales drop 42pc in July
LAHORE: Auto sales witnessed a significant decline of 29pc in the first month (July) of the fiscal year 2019-20, as compared to...
Pakistan’s trade balance improves 19pc in one year
ISLAMABAD: Pakistan trade balance has improved by 19pc, as the deficit declined from $37.6 billion to $30.6 billion during the last fiscal...
Vegetable imports fall 13.2pc in FY19
ISLAMABAD:Â The import of vegetable products into the country decreased by 13.20pc during the financial year 2018-19 as compared to the corresponding period...
German economy could continue to shrink: Bundesbank report
The German economy could have continued to shrink over the summer as industrial production drops amid a dearth of orders, the central...
US economists expect recession in 2020 or 2021: survey
A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve...
KSE-100 breaks 8-day losing streak, gains 797 points
KARACHI: Investors of the Pakistan Stock Exchange (PSX) breathed a sigh of relief as their trade screens turned green on Monday.
Indices started...
Trump ‘not ready’ for China trade deal, dismisses recession fears
WASHINGTON: US President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying they saw little...
FBR to tighten noose on smuggled goods from 1st
ISLAMABAD:Â As per the instructions of Federal Board of Revenue (FBR) Chairman Shabbar Zaidi, the board has initiated a phased programme to combat...
AEDB to finalise renewable energy policy draft on 22nd
The Alternative Energy Development Board (AEDB) would hold a consultative meeting with all stakeholders on August 22 for the finalisation of the...
Standard Chartered faces fine for sanctions breaches: report
Banking group Standard Chartered is facing a fine for failing to prevent sanctions breaches, Sky News reported on Saturday.
Britain’s Office of Financial...
China unveils rate reform to steer funding costs lower for firms
BEIJING: China’s central bank unveiled a key interest rate reform on Saturday to help steer borrowing costs lower for companies and support a...
Production of light commercial vehicles drops 16.19pc
ISLAMABAD:Â The production of light commercial vehicles (LCVs) witnessed a decrease of 16.19pc during the first eleven months of the fiscal year 2018-19,...
Pharmaceuticals may turn to Chinese raw material as tensions with India soar
Pakistan has formulated a strategy to deal with any crisis arising out of an embargo on the import of raw material supplied...