Chinese electric vehicle maker Li Auto files for US listing

BEIJING: Chinese electric vehicle (EV) maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has filed for a US initial...

PSX to resume standard working hours from Monday

KARACHI: The Pakistan Stock Exchange will return to standard operating hours from Monday, July 13.  The market will open at 9:30am and close...

Weekly inflation rises 0.98pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on July 9 witnessed an increase of 0.98pc as compared...

Cement scrips help KSE-100 close in green

KARACHI: Trading at the Pakistan Stock Exchange (PSX) remained range-bound on Friday, with the indices oscillating in both directions before settling in...

US finalising federal contract ban for companies that use Huawei, others

As per the regulations, any US company that uses products from five Chinese companies, including Huawei, Hikvision and Dahua, will be banned

PSX sustains bullish momentum amid soaring volumes

KSE-100 accumulates 447 points to cross 36,000-barrier; volumes surge to levels last seen on 5th Dec 2019 

Gold price continues to surge, reaches Rs109,100 per tola

ISLAMABAD: The price of 24-karat gold increased by Rs800 on Thursday and was traded at Rs109,100 as compared to its previous closing...

Oil dips as coronavirus fears offset gasoline recovery signs

LONDON: Concerns about renewed coronavirus lockdowns in the United States outweighed signs of a recovery in US gasoline demand on Thursday to...

Moot identifies bottlenecks hampering Pak-Afghan trade

--Traders fear bilateral trade will fall below $1bn if complicated regulations, strict policies and cumbersome goods' clearing processes are not sorted --Islamabad and...

Bioexyte’s bid to acquire 30pc stake in Mitchell’s falls through

LAHORE: Mitchell’s Fruit Farms Limited (MFFL) on Thursday informed the Pakistan Stock Exchange (PSX) and its shareholders that negotiations with the prefered...

Indonesia’s Lion Air intends to start flights from Pakistan, envoy says

Indonesian airline Lion Air intends to start flights from Pakistan and negotiations with aviation officials in this regard were already underway, said...

Export woes sour Pakistan’s prized mango season

'Mango exports have dropped around 40pc compared to the same period last year, with just a few months left in the season'

Punjab govt to conduct physical verification of flour, sugar stocks

Millers warned of stern action in case of non-cooperation

Covid-19 pandemic plunges working world into crisis: ILO

GENEVA: Global leaders called for a comprehensive approach to counter the impact of the coronavirus pandemic, which International Labour Organization chief Guy...

Gold rises to all time high of Rs108,300 per tola

KARACHI: The price of 24 karat gold increased by Rs2,400 on Wednesday and reached its highest ever level of Rs108,300 per tola...