Indian extradited to US from Singapore in call centre fraud

WASHINGTON: Singapore has extradited an Indian national to the United States to face charges in a call centre fraud that scammed millions of...

China to invest $1.3tr in BRI states by 2027

'China has entered into an era of geo-economic relationship with Pakistan and it plans to boost two-way trade from $12bn to...

Market reacts positively as Hafeez Sheikh takes charge of finance ministry

'IMF will be more comfortable in discussing the next loan programme with Hafeez Sheikh' 'The new advisor has made it clear...

SECP expunges AML/CFT reporting requirements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said on Friday that it has rescinded the Anti-Money Laundering and Countering Financing of...

Business community urged to invest in aviation industry

'Close liaison between private sector and aviation industry will go a long way in strengthening the defence of Pakistan' ISLAMABAD: Former chief of...

PSX witnesses bullish trend, gains 480 points

KARACHI: After a slow start, the Pakistan Stock Exchange staged a massive rally to end the last trading session of the week in...

Food exports dip 2.4pc in nine months FY19

ISLAMABAD: The food exports from the country witnessed a negative growth of 2.4 per cent, as it went down to $3.34 billion during...

China invites North Korea to Belt and Road summit

BEIJING: China said Friday leaders from 37 nations and North Korean representatives will attend a summit for its Belt and Road Initiative next...

More oil reserves discovered near Gujar Khan

Mari Petroleum Company Limited (MPCL) has made an oil discovery near Gujar Khan in Rawalpindi District, Radio Pakistan reported. According to the spokesperson...

WTO sides with US in dispute over China grain import tariffs

GENEVA: The World Trade Organisation on Thursday largely sided with the United States in its Obama-era case against Beijing over Chinese restrictions on...

Another Abraaj executive arrested in London

A third former Abraaj Group executive has been arrested in London following last year’s collapse of the largest private-equity firm in emerging...

Nestle cuts hundreds of Pakistan staff amid global restructure: Bloomberg

The company struggles with its slowest sales growth in 18 years Nestle SA's Pakistan unit has cut eight per cent of its...

Economic uncertainty puts sale of 1,700cc and above cars in jeopardy

KARACHI: The sale of 1,700cc and above cars has dropped considerably after media reports that the government would withdraw its decision of imposing 10pc...

Govt mulls relocating deposits worth Rs1.9tr

Speculations suggest that IMF has advised the govt to do so in order to avoid the alleged misuse of govt funds KARACHI: The...

PSX manages positive close after volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) started the day on a bullish note, largely due to clarification from the central bank that the...