US slaps sanctions on alleged new IS financiers
WASHINGTON:Â The United States on Monday imposed sanctions on financiers with bases in Belgium, Kenya and Turkey on charges they funnelled money internationally...
Goldman Sachs reports lower profits as it eyes Main Street growth
Goldman Sachs reported lower first-quarter earnings Monday on weakness in its traditional trading business as it emphasizes newer consumer-oriented ventures, including a...
Pakistan to avail $6-8bn IMF package, says Asad Umar
IMF delegation to visit Islamabad before end of April to continue discussions on bailout package
Finance minister says World Bank to...
China Silk Road Group takes keen interest in PM’s housing project
The company offers to set up a plant for pre-fabricated housing structures in Pakistan
ISLAMABAD:Â China Silk Road Group has expressed a keen...
CDWP recommends three projects worth Rs209bn to ECNEC
Projects include Rs45.9bn transmission line between Pakistan and Tajikistan, Rs85.9bn Balakot Hydropower Project and Rs77bn Karachi BRT Project
ISLAMABAD: The Central Development Working...
PSX turns green as investors remain upbeat on IMF package
KARACHI:Â Optimistic sentiments continued to surround the Pakistan Stock Exchange (PSX) on the first trading session of the week, as the indices, after...
FATF asks Pakistan to document, regulate gold markets
The Financial Action Task Force (FATF) has asked Pakistan to track, document, and regulate all gold markets in a bid to crackdown...
Locally-assembled Changan vehicles to roll out in April
Master Motors CEO says the company has built a manufacturing plant in Karachi with a production capacity of 30,000 vehicles per...
Facebook spends $22.6m to keep Mark Zuckerberg safe
Facebook Inc more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg’s security in 2018 to $22.6 million, a...
ZTBL fails to publish financial statements for two straight years
ISLAMABAD:Â The federal government's policy to appoint foreign professionals on important positions is not yielding the desired results, as officials seem reluctant to...
Economic growth not possible without political stability: minister
– Sh Rashid says the govt had no other option but to approach IMF for assistance
– KCCI official says the business community...
Pakistan’s rapid urbanisation can support economy: WB report
There remains scope for improvement with respect to the inclusiveness of digitally-driven growth
WASHINGTON:Â A new World Bank report says Pakistan's rapid urbanization...
Saudi Aramco team in Pakistan for talks on LNG deals
ISLAMABAD: A delegation from the world’s largest crude oil producer, Saudi Aramco, is in Pakistan for discussions on what would be its first-ever...
US import prices rise for third month
WASHINGTON:Â US import prices increased for a third straight month in March, driven by higher fuel prices, but the underlying trend remained soft.
The...
Minister admits to slashing of CPEC funds
Planning minister says Rs24bn were diverted to uplift projects from several heads, including CPEC
ISLAMABAD:Â Planning Minister Khusro Bakhtiyar on Friday admitted to...