KSE-100 plunges another 517 points amid lacklustre trading

KARACHI: Investors of the Pakistan Stock Exchange (PSX) witnessed a dull start to the week as indices continued to crumble amid lack of...

China trade team still preparing to go for talks after Trump cranks up pressure

BEIJING/WASHINGTON: China said on Monday that a delegation is still preparing to go to the United States for trade talks, after US...

Placement committee to review appointment of FBR Chairman

ISLAMABAD: The government after taking the decision of appointing the new chairman Federal Board of Revenue (FBR), has withheld the notification after...

OGDCL scraps contract worth $5.6mn awarded to a Chinese company

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has scrapped a $5.6 million worth contract for hiring of rigs which was awarded...

Pakistan’s footwear exports up by 11.42pc

ISLAMABAD: The footwear exports from the country witnessed an increase of 11.42 per cent during the first three quarters of the current...

Telecom, info services exports reach $708.93mn

ISLAMABAD: Pakistan's exports of telecommunication, computer and information services have increased to $708.93 million in the first eight months of the current fiscal...

Usage of Chinese yuan in Pakistan, other BRI countries on the rise

BEIJING: The Belt and Road Initiative (BRI) has fueled the yuan's internationalisation, particularly in the past two to three years as work...

Finance adviser, provincial ministers apprise IMF Mission of fiscal policies

ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh, along with the Sindh Chief Minister Murad Ali Shah and provincial...

Trump ‘firm’ on China structural demands, tariffs part of enforcement: Pence

WASHINGTON: US Vice President Mike Pence said on Friday that President Donald Trump would “stand firm” on his demands for structural changes...

Stocks continue to bleed as index sheds another 424 points

KSE-100 Index lost 1,007.68 points or -2.71pc in the outgoing week KARACHI: Continuing with the downfall, Pakistan Stock Exchange (PSX) ended the last...

Moot suggests Pakistan, Russia to follow CPEC model

ISLAMABAD: Scholars at a seminar urged further cementing Pak-Russia relations with an economic overview, calling for adopting a pattern of China, Pakistan Economic...

KSE-100 drops 236 points amid dull trading

KARACHI: Bearish trend prevailed at the Pakistan Stock Exchange (PSX) on Thursday, as the indices continued to slip amid low volumes. Foreign investors...

PSX warns against short selling, brokers dismayed

The official added that without this speculative activity, the prices would improve and the index would start moving upwards.

Pakistan ensures safety valve in BoP clause with China

Pakistan has ensured a safety valve in the balance of payments clause under the Free Trade Agreement (FTA) with China which would...

Iran to continue oil exports despite US ban

Fars news agency reported that 70,000 barrels were sold at $60.68 a barrel. Iran does not reveal the identity of private buyers on the energy exchange because they might be targeted by US penalties.