French envoy stresses efforts to enhance bilateral trade and investment
SIALKOT: Ambassador of France to Pakistan, Marc Barety and Head of the Economic Department Phillipe Fouet visited the Sialkot Chamber of Commerce...
ABAD raises voice against illegal construction in Karachi
KARACHI: Illegal construction without No Objection Certificate (NOC) from the relevant department is a serious problem in Karachi and the Association of...
PSX board election set to be held in mid-April
KARACHI: The long but belated elections for Pakistan Stock Exchange’s board of directors will finally be held on April 19th, 2018.
A board meeting...
Oil prices decline, as US crude output soars
SINGAPORE: Oil prices fell on Tuesday, extending losses from the previous session, as the inexorable rise in U.S. crude output weighed on...
Asian stocks rally falters, after Wall Street shares lose steam
TOKYO: Asian stocks stalled on Tuesday, halting an earlier rally after Wall Street shares lost steam, while the dollar sagged on the...
Embattled Abraaj faces another blow as CFO exits
DUBAI: The chief financial officer of Dubai-based Abraaj Holdings said he had left the embattled private equity company.
Two other senior executives are...
Value of e-banking transactions registers quarterly growth of 28pc
KARACHI: Digital banking channels processed 186.7 million transactions worth Rs11.7 trillion in Oct-December 2017, according to data released by the State Bank...
Market Daily: Cements, E&Ps push KSE 100 by 400 points
LAHORE: The Pakistan Stock Exchange (PSX) had a lazy start to the week with narrow volumes. With lawmakers playing the number game...
Pakistan rupee due for another round of devaluation
ISLAMABAD: Jon Scheiber, CEO and partner at Tundra Fonder believes the Pakistani rupee is due for another round of devaluation and said...
Asian shares rise, after US jobs data impresses
SYDNEY: A relief rally swept across Asian share markets on Monday after the latest U.S. jobs report managed to impress with its...
Oil prices jump, as U.S drilling activity falls
SINGAPORE: Oil markets climbed on Monday on the back of a drop in the number of U.S. rigs drilling for more production...
Cash is far from dead and use is rising: BIS
LONDON (Reuters): Even though more people now use cards, mobile phones or even facial recognition technology to pay street performers, buy pizza...
DR Congo enacts law to hike tax on minerals
KINSHASA: Democratic Republic of Congo President Joseph Kabila enacted a law to hike taxes on so-called strategic metals, and ordered government consultations...
Trade war with US to devastate global economy: China
BEIJING: China’s commerce minister said on Sunday that Beijing and Washington are still holding economic talks. He warned that a trade war would harm...
Rs7.5 bn reimbursed to 149,695 students from underdeveloped districts
ISLAMABAD: Under Prime Minister’s Fee Reimbursement Scheme, an amount of Rs7.5 billion has been reimbursed to around 149,695 students belonging to less...