Weekly inflation up 0.71pc

ISLAMABAD: The Sensitive Price Indicator (SPI)-based weekly inflation for the week ended on March 13 increased by 0.71pc as compared to the previous...

Karachi’s infrastructural uplift vital to boost exports, economic activities: PM

ISLAMABAD: Prime Minister Imran Khan on Friday said that being the engine of growth, uplift of the communications infrastructure and ports of Karachi...

Oil bounces 5pc but set for biggest weekly thumping since 2008

LONDON: Oil prices were up more than 5pc on Friday but set for their worst weekly drubbing since the 2008 financial crisis as...

Telenor celebrates 15 years in Pakistan with successful 5G trials

Telenor Pakistan, the country's leading telecom and digital services provider, marked 15 years of its operations in Pakistan through the successful trial...

Foreign outflows cross $700m in March: SBP

KARACHI: Total gross divestment during March 2020 has reached $772.3 million, according to data released by the State Bank of Pakistan (SBP),...

SECP reviews stock market situation amid repeated halts

The Securities and Exchange Commission of Pakistan (SECP) and the chief executive officers (CEOs) of the Pakistan Stock Exchange, National Clearing Company...

Apple says reopening all its branded stores in China

Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month...

Asian shares plunge after Wall Street’s worst day in over 2 decades

Shares plunged in Asia on Friday, with benchmarks in Japan, Thailand and India sinking as much as 10 per cent after Wall...

PSX recovers from early tremors, closes in green

KSE-100 lost 1,689 points during the initial trading hour, before bouncing back to close higher by 104 points 

US stocks tumble in latest rout over coronavirus scare

Wall Street stocks sunk deep into the red Thursday afternoon as the economic toll from the coronavirus mounts, amplifying worries about a...

SC questions payment of salaries to PSM employees despite closure

ISLAMABAD: The Supreme Court (SC) on Thursday, while hearing a case pertaining to the privatisation of Pakistan Steel Mills (PSM), questioned the...

Oil falls, Brent crude drops 8pc after Trump surprises with travel curbs

NEW YORK: Oil prices fell, with Brent crude sliding 8pc on Thursday after US President Donald Trump unexpectedly announced restrictions on travel...

Establishment of National Tax Council approved to harmonise GST

ISLAMABAD: As suggested by the International Monetary Fund (IMF), the centre and provinces have finally agreed to establish a National Tax Council (NTC)...

Farmers urge govt to increase wheat support price to Rs1,600

'Instead of providing relief to rain-affected farmers, govt announced Rs20bn subsidy for rich millers'

SBP reserves up $32m to $12.8bn

KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $32 million to $12,789.9 million during the week ending...