Horticulture exporters fear huge losses amid border closures
ISLAMABAD: As borders have been closed and the services of international airlines have been suspended in wake of coronavirus outbreak, the exporters...
PM orders early privatisation of cabinet-approved institutions
ISLAMABAD: Prime Minister Imran Khan on Monday directed the Ministry of Industries to speed up the process of privatization of the institutions...
Stock market crashes as virus spreads in Pakistan
KSE-100 closes 2,375 points lower; marks biggest daily loss since 2009
SBP ready to take needed actions amid COVID-19 crisis
Keeping in view financial fall outs due to the coronavirus pandemic, the State Bank of Pakistan Governor Reza Baqir has vowed to...
Covid-19 scare: PSX nosedives as KSE-100 loses 2,200 pointsÂ
KARACHI: The Pakistan Stock Exchange (PSX) nosedived on Monday after the benchmark KSE-100 Index dropped over 2,200 points in the opening hours...
Asian markets fall as Fed rate cut fuels fears for US economy
Asian markets fell on Monday as another US interest rate cut and fresh stimulus measures failed to lift confidence, with analysts warning...
Airline Swiss to ground half its fleet, cut work hours
ZURICH: Lufthansa subsidiary Swiss International is taking half its fleet out of service and reducing working hours for flight personnel to help...
Urea price differential may lead to higher offtake for FFC
LAHORE: A 3pc YoY decline in urea offtake has neutralised the impact of higher urea prices (Rs260 per bag over 2019 vs....
Govt’s decision to seal Torkham border irks KP traders
‘Border should be closed for public but not for freight vehicles’
UAE central bank announces $27bn plan to contain coronavirus
CAIRO/DUBAI: The central bank of the United Arab Emirates (UAE) announced on Saturday a 100 billion dirham ($27 billion) economic plan aimed...
Apple to close retail stores worldwide, except Greater China, until 27th
Apple Inc said late on Friday it will close all its retail stores, except those in Greater China, for the next two...
Packages Limited posts 76pc fall in consolidated profit
LAHORE: The Board of Directors (BOD) of Packages Limited (PKGS) met on Friday to review the company’s performance and announce its financial...
Weekly inflation up 0.71pc
ISLAMABAD:Â 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:Â 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:Â Oil prices were up more than 5pc on Friday but set for their worst weekly drubbing since the 2008 financial crisis as...