Tractor production decreases 29pc in seven months FY19

ISLAMABAD: Tractor production in the country during the first seven months of the current financial year (FY19) witnessed a decrease of 29.18pc as...

Bears return to PSX as benchmark plunges 501 points

Cement sector lost 3.40pc from its cumulative market capitalization despite a decline in global coal prices KARACHI: Trade floors turned red on Friday...

Tesla unveils Model Y as electric vehicle race heats up

SAN FRANCISCO: Tesla Inc unveiled its Model Y electric sports utility vehicle on Thursday evening in California, promising a much-awaited crossover that...

Interloop raises Rs5.02bn through largest private sector IPO

General public will be offered shares on 21st and 22nd March at a price of Rs46.10 per share Interloop Limited successfully raised...

China customs lifts suspension on Tesla Model 3 imports

BEIJING: China’s customs authority has lifted its suspension on imports of Tesla’s Model 3, an official in the authority’s news department said...

PM inaugurates online visa facility, forms tourism coordination board

– PM says new visa regime is a manifestation of improved security situation – Says online visa facility would help tourists obtain visas from...

PM’s new visa regime to help uplift tourism, exports: PFC

'The govt's decision to issue multiple business visa within 24 hours to the businessmen of 96 countries will surely boost trade and...

Stock market sheds 120 points amid range-bound trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a nervous session where the indices traded within a narrow range while volumes declined...

Smartphone shipments to China hit six-year low in February

SHANGHAI: Smartphone shipments to China in February fell to their lowest in six years, market data indicated, as consumers continued to put off...

PSX lands in green after volatile session

KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday managed to close a jittery session in green. Foreign investors continued as net sellers on...

Pakistan to offer gas fields to foreign explorers, investors

'More than 30 onshore gas blocks have been identified and the govt plans to auction a large chunk of them in...

Pakistan military eyes key role developing giant copper and gold mine

ISLAMABAD: Pakistan's military is taking a key role in the development of one of the world's biggest untapped copper and gold deposits, which...

Cutlery exports decrease 3pc in seven months FY19

ISLAMABAD: The cutlery exports from the country decreased by 3.08pc during the first seven months of the current fiscal year as against the...

Mitsubishi keen to enhance investments in Pakistan, PM told

PM reiterates his commitment to creating a business-friendly environment for foreign investors ISLAMABAD: Kimihide Ando, the chief executive of Japan's largest trading company,...

Volkswagen accelerates electric push as core brand margin slips

VW has brought forward its target of achieving a return on sales of 6pc to 2022, but this will also involve...