Inflation eases further to 8.2pc in May

ISLAMABAD: Continuing with its recent declining trend, the rate of inflation in the country further slowed to 8.22pc on a year-on-year basis...

Oil drops as US-China tension escalates

NEW YORK: Oil futures edged lower on Monday as rising US-China tensions weighed on market sentiment, but reports that OPEC and Russia...

LPG price reduced by Rs2 per kg

The Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of...

B2B marketplace Bazaar announces raising $1.3 million in pre-seed funding

B2B ecommerce marketplace Bazaar has raised an unprecedented $1.3 million in a pre-seed round from US and Pakistan-based institutional and angel investors,...

Stocks gain 90 points in range-bound trading

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a dull start to the trading week, with the benchmark KSE-100 Index managing to close...
Power sector

12,464MW electricity to be added to national grid through IPPs’ projects

ISLAMABAD: As many as 12,464 megawatts of electricity would be added to the national grid through 25 projects of Independent Power Producers...

Facebook finalises Authorized Sales Partner for Pakistan

Dial Zero has been selected to offer support across advertising, content and payments, including exclusive training opportunities for marketers and decision-makers at media companies and agencies

Business community lauds reduction in POL prices

ICCI president says govt must also slash taxes on POL products to pass on the 'real benefit' of global price reduction to consumers

Name’s matter, even in the stock market

"Whats in a name? That which we call a rose by any other name would smell as sweet" - Romeo & Juliet  Shakespeare...

The time for quick fixes at PIA is over

There is much about the crash of Flight PK-8308 that we do not know, including the precise cause of the crash. But...

Long-haul carrier Emirates says it fires staff amid virus

DUBAI: Dubai’s long-haul carrier Emirates said Sunday it fired an undisclosed number of employees as the coronavirus pandemic has halted global aviation,...
China's economy

China’s manufacturing still sluggish as virus hits exports

BEIJING: China’s manufacturing activity expanded in May but at a sluggish pace for the second straight month as the coronavirus pandemic weighed...

Dubai faces 5.5pc recession this year as $10bn debt repayments loom, BofA says

DUBAI: Dubai could see a recession of around 5.5pc in 2020 as it faces about $10 billion (8.1 billion pounds) in debt...