Asian stocks open higher in choppy trade
Asian shares showed choppy movements in early trade on Wednesday following an overnight announcement from the US of a $1 trillion stimulus...
Covid-19 scare: Trading halted for 45 minutes at PSX as shares fall 5.16 %
Trading was halted at the Pakistan Stock Exchange on Wednesday for 45 minutes as KSE-100 index fell 1,682 points soon after trading.
KSE-100...
Textile sector, economists ‘disappointed’ with SBP’s new interest rate
'SBP should waive interest rates for three months and freeze all repayments till coronavirus situation improves'
Brent crude sinks below $30/bbl as recession fears weigh
NEW YORK: Brent crude fell below $30 a barrel on Tuesday to its lowest since 2016, as the coronavirus pandemic hits economic...
Punjab govt fails to collect tax from properties located on national highways, motorways
LAHORE: Despite a lapse of seven months or so, the Punjab Excise, Taxation and Narcotics Control (ET&NC) department has yet to start...
SBP cuts key interest rate by 75bps to 12.50pc Â
Bank announces Rs5bn scheme to combat coronavirus
Motorbike, three-wheeler sales drop 9.6pc
ISLAMABAD: The sale of motorbikes and three-wheelers witnessed a decline of 9.68pc during the first eight months (July-February) of the current financial...
Stocks plunge over 1,000 points as coronavirus intensifies in Pakistan
KARACHI: After registering its biggest decline in a decade yesterday, the Pakistan Stock Exchange (PSX) continued with its downward trajectory on Tuesday,...
SBP to announce monetary policy todayÂ
KARACHI: The MoneÂtary Policy Committee of State Bank of Pakistan (SBP) will meet on Tuesday (today) to announce its decision on the...
Philippine Stock Exchange closed for indefinite period as coronavirus spreads
SINGAPORE: The Philippines halted stock, bond and currency trading until further notice, becoming the first country to shut financial markets in response...
Aramco says will tap inventories to raise output
DUBAI: Oil giant Saudi Aramco will syphon 300,000 barrels of crude per day from its vast stocks as it boosts output, its...
Wall Street dives, S&P 500 sheds $2tr in value
S&P 500 companies lost more than $2 trillion in value in the first few minutes of trading on Monday as investors panicked...
POL prices likely to be slashed by up to Rs25 per litre
ISLAMABAD: In light of 40pc decline in the price of Arab Light crude oil, Prime Minister Imran Khan has advised the Ministry...
Textile exports up 3.68pc in seven months
ISLAMABAD: Textile exports from the country during the first seven months of the current financial year grew by 3.68pc as compared to...
Crude oil falls below $30 as coronavirus spreads
LONDON: Brent and US crude fell below $30 on Monday as emergency rate cuts by the US Federal Reserve and its global...