SECP warns public again against 3A Alliance Pvt Ltd
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) rebuffed a news item, which said that the registration of 3A Alliance (Pvt) Limited...
Saudi Aramco bond sale to close Wednesday: minister
Saudi minister says int'l investors have so far made bids totalling three times the value of the bonds
RIYADH:Â A bond sale by energy...
Asad Umar hits back at critics, says emergency measures need of the hour
– 'Fake news reports are being circulated so that more investors park their money in foreign currency instead of stocks'
– 'Going forward,...
PSX plunges 600 points as fears for economy rise
KARACHI:Â The Pakistan Stock Exchange (PSX) started the week on a negative note with bears in the lead once again. The KSE 100...
Oil climbs to five-month high on OPEC cuts, US sanctions and Libya fighting
SINGAPORE/LONDON: Oil prices rose to their highest level since November 2018 on Monday, driven by OPEC supply cuts, US sanctions against Iran...
Power sector payables reach Rs807bn
ISLAMABAD:Â Despite the incumbent government's efforts to increase the power sector collection, the payables of the sector reached Rs807 billion as of December...
Hyundai Motor, Tencent tie up to develop self-driving cars software
SEOUL: South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for...
Cement despatches decline 6.7pc in March
Total despatches in the first nine months of FY19 stood at 29.448m tonnes as compared to 31.314m tonnes in the same period...
Asad Umar chairs NPMC meeting, reviews prices of food, pharmaceutical items
Committee agrees to formulate an integrated market mechanism to reduce price disparity among provinces
ISLAMABAD:Â The National Price Monitoring Committee (NPMC) met on...
PSX plunges 506 points on weak economic outlook
The power generation and distribution sector lost 2.42pc from its cumulative market capitalisation following the news regarding an increase in power tariff...
Facebook Innovation Lab launched in Pakistan
Located in NICÂ LUMS, the innovation lab will focus on providing infrastructure access to developers, entrepreneurs and community groups, enabling them to...
GM, Ford and Toyota join to advance self-driving testing, standards
Three major automakers said on Wednesday they were forming a consortium to help draw up safety standards for self-driving cars that could...
Stock market ends flat amid volatility
KARACHI:Â Investors of the Pakistan Stock Exchange (PSX) endured another volatile session on Wednesday. Indices that swung in both directions failed to sustain...
Brent nears $70 as oil prices rise for fourth day
LONDON: Oil prices rose for a fourth day on Wednesday, pushing Brent toward a nearly five-month high of $70 a barrel on...
Saudi investors keen to form JVs in Pakistan’s furniture sector
PFC chief says a delegation of Saudi investors will visit Pakistan this month to explore opportunities in the furniture sector
ISLAMABAD:Â A delegation of...