Power sector witnesses Rs121bn increase in revenues
'Govt envisions increasing the share of renewable energy to 20pc by 2025'
ISLAMABAD:Â The power sector revenues have witnessed a significant increase of...
Indonesia president proposes $178bn budget for 2020 with focus on education
JAKARTA:Â Indonesian President Joko Widodo on Friday proposed a 2,528.8 trillion rupiah ($177.56 billion) budget to parliament for 2020, focusing spending on human...
PSX bleeds on first day after Eid
KARACHI: Amid rising border tensions, indices at the Pakistan Stock Exchange (PSX) recorded fresh lows on Friday, with the KSE-100 Index ending...
Weekly SPI inflation increases 1.23pc
ISLAMABAD:Â The weekly inflation for the week ended on August 8 witnessed an increase of 1.23pc for the combined income group, as compared...
WTO to set up panel to judge US-China solar panel dispute
GENEVA:Â The World Trade Organization agreed Thursday to China's request to create a dispute panel tasked with judging whether US tariffs on solar...
ECB shuts down one of its websites after hacker attack
FRANKFURT:Â The European Central Bank (ECB) shut down one of its websites on Thursday after it was hacked and infected with malicious software.
The...
Microsoft’s latest privacy policy says vendors listen to voice data
Microsoft Corp has said it updated its privacy policy to let customers know that it had been collecting voice data of its...
Bitcoin slumps to two-week low on technical trading, market jitters
LONDON:Â Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical...
Wall Street rises after strong retail sales data, Walmart earnings
US stocks rose in choppy trading on Thursday, as strong July retail sales data and Walmart’s upbeat results eased some fears about...
Standard Chartered expects lower inflation, no further hike in policy rate
The State Bank of Pakistan (SBP) has delivered broadly in line with the Standard Chartered Bank's expectations so far in the current...
Govt to finally table Geographical Indication Bill in NA
The government has finally decided to table Geographical Indication (GI) Bill in the National Assembly to protect ownership rights of goods produced...
Global stocks hurt by China’s trade threats, falling bond yields
LONDON:Â China's threat to impose countermeasures in retaliation for the latest US tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover...
Oil deepens slide below $58 on recession fears, US supply
LONDON: Oil fell 3pc to below $58 a barrel on Thursday, extending the previous session’s 3pc drop, pressured by mounting recession concerns and...
Google, Facebook, Amazon to testify in US against French digital tax
WASHINGTON: Alphabet Inc’s Google unit, Facebook Inc and Amazon.com Inc are among the companies that will testify Monday at a US government hearing...
Recession indicator, trade pessimism sink dollar versus yen
NEW YORK:Â The Japanese yen jumped to a session high against the dollar on Wednesday after the US Treasury bond yield curve inverted...