IMF calls for ‘substantial’ stimulus, coordination against virus
WASHINGTON:Â The International Monetary Fund (IMF) called on governments worldwide Monday to join forces and roll out aggressive financial supports for the coronavirus-infected...
Cement sector posts cumulative loss of Rs500m for 2QFY20
LAHORE: Pakistan’s cement sector has posted a cumulative loss of Rs500 million in the second quarter of FY20.
Shankar Talreja, a senior analyst...
SBP to announce monetary policy on 17th
Analysts expect a 'rate cut' amid increased concerns regarding impact of coronavirus outbreak on global economy
OGRA notifies hike in RLNG prices
ISLAMABAD:Â The Oil and Gas Regulatory Authority (OGRA) on Monday notified the revised prices of Re-gasified Liquefied Natural Gas (RLNG) for the current...
Asian markets collapse as coronavirus threatens global economy
Equity markets collapsed on Monday as the rapidly spreading coronavirus fans fears over the global economy, while a crash in oil prices...
Rupee weakens against dollarÂ
KARACHI: The Pakistani rupee weakened by 1.15 rupees or 0.75 percent against dollar on Monday after the Pakistan Stock Market (PSX) crashed and...
US crude prices plunge below $28 a barrel after apparent price war
Oil prices fell more than 30 percent after Organisation of Petroleum Exporting (OPEC)’s failure to strike a deal with its allies regarding...
KSE-100 nosedives after oil prices plunge
Index recorded its biggest intraday slump of -5.8pc, forcing a 45-minute 'market halt' earlier in the day
CPPA recommends Rs3.5 per unit hike in power tariff
ISLAMABAD: The country's power tariff may witness an increase of Rs3.506 per unit under the monthly fuel price adjustment mechanism, as the...
‘GSP+ extension to increase Pakistani exports by 9pc’
Punjab Governor Chaudhry Mohammad Sarwar on Saturday extended gratitude towards the European Union (EU) for extending the Generalized Scheme of Preferences Plus...
US financial regulators start contingency planning as virus reaches Washington
WASHINGTON:Â US financial regulators are preparing contingency arrangements, including travel restrictions and homeworking, to ensure they can effectively oversee the financial markets as...
Gender parity will bring $30bn to Pakistani economy: report
KARACHI:Â Pakistan can add more than $30 billion to its GDP if it can improve parity between men and women, says reports on...
China’s exports tumble, imports slow as coronavirus batters trade and business
BEIJING: China’s exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by...
Less consumption of RLNG puts SNGPL infrastructure at stake
ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has warned that the reduced consumption of Re-gasified Liquefied Natural Gas (RLNG) by the...
Gold price rises by Rs 1300 per tola
KARACHI: The price of 24 karat gold has jumped up by Rs 1300 per tola and was traded at Rs 95,500 as...