Minister urges ADB to scale up lending for Pakistan

ISLAMABAD: Economic Affairs Minister Hammad Azhar on Thursday met Asian Development Bank (ADB) Country Director Xiaohong Yang to discuss key priority areas and...

Oil rises 1pc after Iran says it seized foreign tanker in Gulf

LONDON: Oil prices rose about 1pc on Thursday after Iran said it had seized a foreign oil tanker in the Gulf amid...

Asia growth steady amid global trade tensions: ADB

MANILA: Developing Asia is forecast to maintain strong but moderating growth over 2019 and 2020, as supportive domestic demand counteracts an environment...

ECC decides to impose ban on export of wheat

Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh on Wednesday presided over a meeting of the Economic Coordination Committee (ECC)...

Current account deficit drops 32pc

The country’s current account deficit fell by 32pc during the current fiscal year owing to the business-friendly policies adopted by the incumbent...

PM Imran says won’t give in to traders’ pressure

'If we all pay taxes regularly, we will have enough money to pull the country out of the quicksand of loans' ...

LPG distributors to observe strike in Karachi tomorrow

The Liquefied Petroleum Gas (LPG) Distributor Action Committee has announced to go on strike from today (Friday) in Karachi against the unnecessary...

WTO future a concern for global finance chiefs

PARIS: Global finance chiefs meeting in France have warned that the World Trade Organization's internal court risks becoming paralysed by bitter disputes between...

PTEA demands immediate resdressal of export-related challenges

'Stuck-up liquidity in refund regime, non-availability of subsidy on energy supplies and imposition of taxes on raw materials have adversely impacted...

‘Huawei to invest $100m in Pakistan this year’

Huawei vice president says his company will set up a technical support centre in Islamabad to create job opportunities for young...

ICCI resents hike in SBP policy rate, demands withdrawal

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has resented the State Bank of Pakistan's decision of increasing the policy rate...

EU launches probe into Amazon data misuse allegations

The EU's powerful antitrust authority launched an in-depth investigation into Amazon on Wednesday, amid suspicions the US-based online behemoth misuses merchant data...

Stocks finish flat amid volatility

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a jittery session on Wednesday, as the indices that opened positively declined by midday...

PM’s aide chairs Fertilizer Review Committee, discusses measures for farmers’ uplift

ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood chaired a meeting of the Fertilizer Review Committee (FRC) to deliberate on...

Lagarde resigns as IMF chief, cites more clarity on ECB post

WASHINGTON: International Monetary Fund (IMF) chief Christine Lagarde announced on Tuesday she had submitted her resignation from the global lender, saying she had more...