Pound briefly hits two-month high, braces for Brexit parliament vote

Against the euro it briefly rose to 88.755 pence, up 0.6 percent on the day, the highest since Dec. 5 but then fell back to 89.2 pence

‘Marketers should highlight Pakistan’s success stories globally’

K-Electric CMO says in order to champion customer satisfaction, every touch point a customer has with your organisation must be relevant,...

Bulls dominate as index gains 363 points

KARACHI: It was a fresh start of the week for investors of Pakistan Stock Exchange (PSX) where indices kept moving in northern trajectory...

Additional revenue measures of up to Rs150 billion expected in upcoming mini-budget: Report

The brokerage house said the hike in interest rate by 425 basis points and rupee devaluation of 24% since December 2017 have cumulatively increased annual debt servicing requirement of government by Rs700-800 billion

Asian shares decline as China reports slowdown in exports

Hong Kong’s Hang Seng index lost 1.4 percent to 26,299.19 while the Shanghai Composite fell 0.6 percent to 2,539.59

Fintech firms want to shake up banking, and that worries the Fed

From 2010 to 2017, more than 3,330 new fintech firms were created, according to the Treasury, with financing for such firms soaring thirteen-fold over that period to $22 billion

Oil slides on China trade slump, but crude imports remain high

International Brent crude oil futures were at $59.91 per barrel at 0403 GMT, down 57 cents, or 0.9 percent from their last close

Zimbabwe plans new currency as dollar shortage bites

HARARE: Zimbabwe will introduce a new currency in the next 12 months, Zimbabwe finance minister said, as a shortage of United States...

Saudi energy minister says oil market on ‘right track’

ABU DHABI: Saudi Arabia’s Energy Minister Khalid al-Falih said on Sunday the oil market is “on the right track” and will quickly...

Govt to facilitate stockbrokers, realtors in mini-budget

ISLAMABAD: The federal government has decided to abolish the 0.02pc advance tax on sale/purchase of shares, it was learnt on Saturday. Sources said that...

PSX gains 1,502 points in week

With WTI crude oil rising 10pc, exploration and production remained the best performers during the week KARACHI: The Pakistan Stock Exchange (PSX) recorded...

PSX lands in red as KSE index sheds 41 points

KARACHI: Failing to end the last session of the week positive, Pakistan Stock Exchange (PSX) was once again conquered by bears, as indices...

SECP disposes proceedings against K-Electric, imposes fine on CEO and directors

KARACHI: Securities and Exchange Commission of Pakistan (SECP) on Friday said it had disposed of proceedings initiated against the CEO and board of...

OPPO launches F9 jade green limited edition variant

LAHORE: After gaining unprecedented fame and popularity, OPPO has launched a new limited-edition variant for its globally acclaimed handset, OPPO F9. Released...

Pakistani exporters urged to tap Malaysian meat market

'Half of Malaysian meat demand is being fulfilled by Australia, Brazil, New Zealand, India, China and Thailand, which are all non-Muslim...