Wall Street tumbles over 1pc on trade, growth fears
Technology, among sectors most exposed to China, was the hardest hit
US stock indexes fell more than 1pc on Thursday, as investors...
British Airways to resume flight operations to Pakistan next week
ISLAMABAD:Â British Airways (BA) will resume its flight operations to Pakistan from 2nd June, it was learnt on Thursday.
The airline suspended its operations...
Fitch forecasts stability in Pakistan following tough economic decisions
The US-based research house expects SBP to maintain its benchmark interest rate at 12.25pc throughout the year
Fitch Solutions, a US-based global research...
Bull run continues at PSX, index ends 977 points higher
KARACHI:Â Bulls of the Pakistan Stock Exchange (PSX) were once again successful in conquering the market, as the indices continued on the upward...
Turkish giant Arçelik eyes further expansion in Pakistan
The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...
US official acknowledges consumers will pay some tariff costs
WASHINGTON:Â US Treasury Secretary Steven Mnuchin on Wednesday acknowledged that consumers may pay higher prices as a result of the steep tariffs imposed...
Govt to facilitate exploration companies under new petroleum policy: PM
Kuwait Petroleum evinces keen interest in expanding business activities in Pakistan
ISLAMABAD:Â Prime Minister Imran Khan said on Wednesday that the government was...
Petroleum Division grants oil exploration licence to Kuwaiti firm
The Petroleum Division has granted Kirthar Pakistan BV — a subsidiary of Kuwait Foreign Petroleum Exploration Company (Kufpec) — the license for...
Jewellery exports drop 22pc in 10 months
ISLAMABAD:Â Jewellery exports from Pakistan decreased by 22.47 per cent during the first ten months of the current fiscal year as compared to...
Prepare for difficult times, China’s Xi urges as trade war simmers
BEIJING/WASHINGTON:Â China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state...
Bulls take charge as KSE-100 closes 1,195 points higher
Index records highest single-day gain for 2019
KARACHI: After days of volatile trading, the Pakistan Stock Exchange (PSX) made a much-needed recovery...
KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal
The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday
Who pays Trump’s tariffs, China or US customers and companies?
US President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States.
But...
OECD cuts global growth forecast as US-China tensions rise
'Govts must act urgently to reinvigorate growth that benefits all'
PARIS:Â The OECD on Tuesday cut its forecast for the world economy, urging...
UAE offers golden visas to investors, ‘exceptional talents’
DUBAI:Â The United Arab Emirates said on Tuesday it has launched a permanent residency scheme to attract wealthy individuals and highly skilled workers...