Pak Suzuki jacks up car prices, again

Price of Wagon R has been increased by Rs40,000, Cultus VXR by Rs30,000 and Ciaz by Rs100,000 Pak Suzuki has again increased...

Guyana keen to promote business relations with Pakistan: envoy

'Pakistan can get better market access to CARICOM and South America by enhancing cooperation with Guyana' ISLAMABAD: Ambassador of Guyana to Pakistan Bayney...

PSX ends week 117 points higher amid range-bound trading

'With SBP raising the key discount rate by 50bps, leveraged sectors such as cement, steel, fertilizers, oil manufacturing companies and textiles...

Tea imports dip 1.12pc in eight months FY19

Overall food imports into the country during FY19 witnessed a decrease of 8.25pc ISLAMABAD: The tea imports into the country witnessed a decrease...

Apple pulls plug on AirPower wireless charging mat

SAN FRANCISCO: Apple has confirmed that it will not deliver on its promise of helping usher in a wireless future with an...

PSX ends week on a positive, gains 96.69pts

LAHORE: After a negative session on Thursday the Pakistan Stock Exchange (PSX) was back on track on Friday, ending the last session of...

Dollar soars due to IMF-related market speculations

LAHORE: The United States (US) dollar increased by Rs0.50 in the inter-bank market and Rs0.70 in open market on Friday, February 29. On Friday...

‘Pakistan can generate 2.9m MW clean energy from solar power’

Punjab minister says renewable energy will reduce cost of doing business, promote industrialization and encourage investment LAHORE: The three-day 8th edition of 'Solar...

Sony to close smartphone plant in China to cut costs

BEIJING/TOKYO: Sony Corp is closing its Beijing smartphone plant, a spokesman said on Thursday, as the Japanese electronics giant cuts costs in...

UK identifies fresh Huawei risks to telecom networks

LONDON: Britain has identified "significant" issues in Chinese giant Huawei's engineering processes that pose "new risks" for the nation's telecommunications, a government...

PSX fails to sustain gains, sheds 412 points

Refinery, cement and oil & gas exploration sectors lost 3.06pc, 2.51pc and 2.22pc from their cumulative market capitalisation KARACHI: The Pakistan Stock Exchange...

Daimler and Geely join forces to build next-gen Smart car

The new vehicle will go on global sale in 2022 BERLIN: Mercedes-Benz maker Daimler and Chinese auto giant Geely announced plans Thursday to...

China pledges to expand financial market opening as US trade delegation arrives

'We need to prevent a trust deficit from occurring - otherwise the damage it could do to US-China relations is incalculable' BOAO:...

Total Parco mulls investing $150m in petroleum marketing

ISLAMABAD: A delegation of Total Parco called on Minister for Petroleum Ghulam Sarwar Khan on Wednesday and hinted to invest $150 million in...

Govt to increase electricity prices by Rs2 per unit

ISLAMABAD: The government on Wednesday decided to increase electricity prices by Rs2 per unit. The hike in the prices will put an additional burden...