Hackers steal data from ‘almost all Pakistani banks’: FIA

A cybersecurity service says at least 19,864 debit card details belonging to 22 Pakistani banks are being sold on the dark web

The heir to Agha Hasan Abedi

How Abraaj’s downfall has echoes of the earlier scandal of BCCI’s collapse, and how it might impact the place of Pakistanis in global finance

Customs Today: the fake news portal used to threaten global shipping companies in Pakistan

A group of toy importers has taken to planting untrue stories on a news website in a bid to blackmail major shipping companies into cooperating with their tax evasion scheme

Habib Bank makes the pivot towards FinTech

Pakistan’s largest bank announces a big push into branchless banking, investments in technology infrastructure

PM reaches Shanghai to attend China International Import Expo

SHANGHAI: After his hectic engagements in Beijing, Prime Minister Imran Khan has reached Shanghai to attend the China International Import Expo (CIIE)....

Money laundering greatest challenge for developing countries: PM Khan

BEIJING: Prime Minister Imran Khan on Sunday said that the advent of money laundering was the greatest hindrance to the growth of developing...

Pakistan, China sign 15 agreements to enhance mutual cooperation

BEIJING: Pakistan and China have signed 15 agreements and memorandum of understandings (MoUs) for cooperation in diverse fields. The signing ceremony was witnessed by...

China says more talks needed on economic aid for Pakistan

Speaking to reporters in Beijing’s Great Hall of the People following Khan’s talks with Li, Chinese Vice Foreign Minister Kong Xuanyou said his country would help

Govt rebuffs APG request to link financial, banking systems with CNICs

The APG delegation which came to Islamabad in October had demanded the launch of a comprehensive procedure to monitor on cash donated for sadqa and zakat by citizens to madrassahs and the destitute

CDNS hikes saving scheme rates to almost four-year highs

Till now, the CDNS has raised a total of Rs2.72 trillion via the sale of saving schemes (net of prized bonds) by 31st August of this year which translates to 15.67%  of the overall government domestic debt and liabilities at Rs17.36 trillion, as per the central bank

China vows to help uplift Pakistan’s economy

PM Khan says his party inherited a ‘very difficult economic situation’ coming into power President Xi says he is willing to...

Pakistan likely to get unilateral concessions from China

A grant of 400 million yuan also on the cards ISLAMABAD: China is likely to give unilateral concessions to Pakistan on more than...

FBR fails to launch track and trace system for tobacco industry

The board is allegedly delaying the bidding process of the system which is designed specifically to curb tax evasion ISLAMABAD: Despite falling...

Transactions through e-banking channels touched Rs47.4 trillion in FY18: SBP

The number of local e-commerce merchants registered with banks reached 1,094 and consumers carried out 3.4 million online e-commerce transactions valuing Rs 18.7 billion

Pak Suzuki again ratchets up prices of vehicles by Rs40,000

The prices of Suzuki Swift DLX and AT have been jacked up to Rs1,515,000 and Rs1,651,000 and Cultus VXR, VXL and AGS prices have been revised upwards to Rs1,380,000, Rs1,501,000 and Rs1,608,000