PSX continues to bleed, sheds 497 points
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) witnessed another turbulent session on Tuesday, as indices continued to bleed all day long. Foreign...
Twitter reports surprise quarterly user growth, revenue beats
NEW YORK: Twitter Inc on Tuesday posted better-than-expected first-quarter revenue and a surprise rise in the number of monthly active users, a...
US sanctions over Iran oil will ‘intensify Mideast turmoil’: China
BEIJING: China warned on Tuesday that the US decision to impose sanctions on buyers of Iranian oil will "intensify turmoil" in the...
Proposed amnesty scheme to allow liquidation of foreign assets
ISLAMABAD:Â Foreign assets can be liquidated and repatriated to Pakistan if they are deposited into a bank account or invested in Pakistan Banao...
PM Imran seeks stronger trade ties with Iran
TEHRAN:Â Prime Minister Imran Khan said on Monday that it was time for both Pakistan and Iran to chalk out ways to enhance...
PSO posts Rs5.9bn profit after tax in nine months FY19
Pakistan State Oil (PSO), the leading oil marketing company of Pakistan, recently convened its board of management (BoM) meeting to review the...
Dr Hafeez Shaikh ‘ineligible’ to chair NFC meeting, present next budget
Under the constitution, only a minister can head a constitutional body or present the fiscal budget in the assembly
ISLAMABAD:Â Since the government...
Govt, ITFC sign $551m loan agreement for import of oil, LNG
ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of a loan agreement...
POL production falls 5.5pc in eight months FY19
ISLAMABAD:Â The overall production of petroleum commodities witnessed a decline of 5.5 per cent during the first eight months of the current fiscal...
China to offer 90pc market access to Pakistani exporters: envoy
'In return, China only seeks 60pc market share in Pakistan'
ISLAMABAD:Â Chinese Ambassador Yao Jing said on Monday that China is ready to...
Huawei launches ‘world’s first’ 5G communications hardware for autos
China’s Huawei Technologies launched on Monday what it said was the world’s first 5G communications hardware for the automotive industry, in a...
US prepares to end Iran oil waivers; Asian buyers to be hardest hit
WASHINGTON/SINGAPORE:Â The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions,...
Indus Motor jacks up car prices by up to Rs307,000
Indus Motor Company (IMC) has jacked up prices of various models by Rs65,000 –Rs307,000, effective from Saturday.
After the revised price, the new...
Economic integration imperative for South Asia’s prosperity: SAARC
ISLAMABAD:Â SAARC Chamber of Commerce and Industry President Ruwan Edirisinghe said on Saturday said South Asia has tremendous trade potential, which needs to...
‘Govt striving to promote industrialisation, lure foreign investors’
Advisor to Prime Minister on Institutional Reforms Dr Ishrat Hussain said on Saturday that the government is offering a number of incentives...