KSE-100 nosedives on economic jitters ahead of SBP policy meeting
--Index sheds 714 points as investors remain cautious due to uncertainty surrounding the monetary policy
KARACHI: The Pakistan Stock Exchange (PSX) portrayed...
China posts slowest economic growth in 27 years
BEIJING: China’s economic growth slowed to 6.2pc in the second quarter, its weakest pace in at least 27 years, as demand at...
Traders warn govt of dire consequences if demands not met
--'We are mulling to hold a march to the FBR’s office, a possible sit-in or a shutter down strike for an indefinite...
US regulators approve $5bn Facebook settlement over privacy issues
The US Federal Trade Commission approved a
roughly $5 billion settlement with Facebook Inc over its investigation into the
social media company’s handling of...
Traders shut down markets across Pakistan
--Most businesses remain shut in Lahore, Karachi, Peshawar and Quetta in protest against ‘unfair’ taxes levied by govt
LAHORE/KARACHI/ISLAMABAD: A countrywide shutter-down strike was...
Japan-South Korea feud deepens with disputed accounts of trade meeting
TOKYO: A row between Japan and South Korea escalated on Saturday, with contested accounts of a frosty meeting the day before that...
China eyes Gilgit-Baltistan for cherry imports
--A delegation of Chinese quarantine experts and govt officials recently visited GB to check the farm-to-market quality of Pakistani cherry
BEIJING: China has...
After Honda, Toyota to halt production in Pakistan
After the decision of Honda Atlas Cars Pakistan (HACP) to shut down its plant for 10 days, Indus Motor Company (IMC), which...
FBR chief rejects rumours, says no tax imposed on edible items
ISLAMABAD: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi said on Friday that no tax has been imposed on edible items, including...
SBP to announce new monetary policy on 16th
The State Bank of Pakistan (SBP) will announce
its new monetary policy on July 16th (Tuesday).
The Monetary Policy Committee of SBP is
scheduled to...
Ford, Volkswagen expand alliance to electric autos
NEW YORK: Auto giants Volkswagen and Ford announced Friday they were expanding their alliance to include the development of self-driving cars.
The announcement...
‘Govt committed to timely completion of WB-funded projects’
ISLAMABAD: Planning Minister Makhdoom Khusro Bakhtiar, while appreciating the contribution of World Bank in the socio-economic development of Pakistan, has said the...
Pakistan, Afghanistan agree to resolve issues hampering bilateral trade
ISLAMABAD: A Technical Working Group (TWG) of Afghan
officials is currently in Pakistan to negotiate on issues that are hampering
bilateral and transit trade...
Chinese businessmen pledge to invest $5bn in Pakistan
--PM says the sagacity, wisdom and vision of Chinese leadership for peace & development is worth emulating
ISLAMABAD: Chinese business leaders have...
India-US trade talks end without major progress
NEW DELHI: US and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs...