Oil prices fall 1pc as economic worries outweigh tanker tensions
LONDON: Oil prices slipped more than 1pc on Monday as signs of an economic slowdown amid international trade disputes began to outweigh...
Stock market sheds 404 points amid lacklustre trading
KARACHI: The Pakistan Stock Exchange, much like the national cricket team, performed poorly on Monday, as the indices kept moving in the downward...
Saudi seeks oil supply protection as US and Iran face off
DUBAI: Saudi Arabia called for swift action to secure Gulf energy supplies, after the United States blamed Iran for attacks on two...
Pakistan to get $3.4bn in budgetary aid from ADB
'$2.2bn will be released in the first quarter of FY20'
ISLAMABAD:Â Pakistan will receive $3.4 billion in budgetary support from the Asian Development...
Pakistan’s first 660cc ‘Alto’ all set to disrupt local automobile market
'The fuel-efficient vehicle comes as a relief for car users amidst high inflation and deteriorating economy'
ISLAMABAD:Â Suzuki's Alto is set to disrupt...
Saudi energy minister hopes to balance oil market before 2020
Saudi Arabia is working to balance global oil markets this year, the country’s energy minister said on Saturday when asked if there's...
Good governance, rational taxation imperative to attract investments: moot
ISLAMABAD:Â Highlighting some silver linings in the recently presented budget, eminent economist and former finance secretary Dr Waqar Masood Khan stated that the...
India set to raise tariffs on some US goods: reports
NEW DELHI:Â India has decided to raise tariffs on imports of 29 goods from the US after having deferred the move several times...
NEPRA increases power tariff by Rs1.49 per unit
The National Electric Power Regulatory Authority (NEPRA) has increased the power tariff by Rs1.49 per unit for consumers, a private media outlet...
SECP holds roundtable to revamp bancassurance regulatory framework
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) held a roundtable to seek stakeholders’ suggestions and recommendations to revamp the 2015 bancassurance...
ADB to conduct feasibilities for installation of smart metres in KP, Sindh
ISLAMABAD:Â Asian Development Bank (ADB) will conduct feasibilities in the Peshawar, Hyderabad and Sukkur electric supply companies for installation of smart (AMI) metres...
Rising oil prices add to global economic strife
LONDON:Â Escalating tension in the Middle East is driving up oil prices, a huge import cost for many economies, putting more strain on...
Overseas Pakistanis remit $20.19bn in 11 months
KARACHI:Â Overseas Pakistani workers remitted $20.19 billion in the first eleven months (July to May) of FY19, showing a growth of 10.42pc compared...
PSX lands in green after volatile session
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed mixed reactions from investors on Friday, as the indices that remained choppy in the first half...
Remedial work underway to ensure long-lasting stability: Hafeez Shaikh
'We import virtually everything and we still think the exchange will be kept at a certain level'
'Govt will not take...