Pakistan’s GDP growth to slow down to 5.4% in FY19: Fitch
An analyst pointed out a discrepancy between projections of Fitch Ratings and Fitch Solutions of 40 basis points in GDP growth, i.e. 5% and 5.4% respectively
Stocks plummet amid lacklustre trading, index loses 307 points
KARACHI:Â The trade screen on Monday was dominated by the colour red, as the indices started dripping right from the beginning of the...
Dollar pauses as Fed officials caution about global growth, yen firms
The greenback has enjoyed a strong run this year thanks to the Fed’s steady policy tightening on the back of a robust economy and rising wage pressures
Asian shares mostly up cheered by Wall Street buying spree
Japan’s benchmark Nikkei 225 rose 0.5 percent to 21,784.87
Pakistan’s new rulers grapple with an old problem: How to get people to pay taxes
One of the world’s lowest tax collection rates partly help explain the shoddy state of Pakistan’s hospitals and schools, and why the illiteracy rate hovers above 40 percent in the mainly Muslim nation of 208 million people
Oil prices climb amid expected OPEC cut, but markets remain wary
Front-month Brent crude oil futures were at $67.29 per barrel at 0259 GMT, up 53 cents, or 0.8 percent, from their last close
Interloop targeting Pakistan’s largest-ever private sector IPO
The nation’s 7th largest exporter is keen to get listed on the Pakistan Stock Exchange
Pakistan’s first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar
The second and third tranche are expected to be received over the course of next two months from Saudi Arabia
Google lists 5 reasons why foreigners should invest in Pakistan
Google’s Head of Large Customer Marketing, South Asia, Lars Anthonisen believes Pakistan is on its way to producing one of the largest...
PSX manages to close in green amid volatility
Index adds 272 points from last week despite fragile macroeconomic indicators
KARACHI:Â The Pakistan Stock Exchange (PSX) put up a mixed show on...
Gold prices hit 1-week high amid Brexit turmoil
Prices are expected to end the week higher after declining nearly 2 percent last week
Sterling gripped by Brexit crisis; yen enjoys safety bid
Both the dollar and the yen benefited from a deepening crisis for UK Prime Minister Theresa May after the resignation of key ministers from her government imperilled her Brexit plan
Asia shares mixed on uncertainty over trade tensions
Japan’s Nikkei 225 index lost 0.4 percent to 21,717.57 and the Hang Seng in Hong Kong gave up 0.5 percent to 25,967.01
Oil rises on expected OPEC cuts, but surging U.S. supply drags
OPEC’s de-facto leader Saudi Arabia wants the cartel and its allies to cut output by about 1.4 million barrels per day (bpd), around 1.5 percent of global supply, sources said this week
IMF proposes government to raise GST to 18% as part of comprehensive fiscal adjustment
IMF has recommended bolstering revenue collection at the import stage because of 26% depreciation of the rupee since January 2018 and imminent depreciation under its programme