PM stresses financial discipline for economic stability
ISLAMABAD: Prime Minister Imran Khan on Friday emphasised upon the need to ensure financial discipline and continuation of institutional reforms in order...
Pakistan to resume outbound int’l flights as Covid-19 spreads
ISLAMABAD: The Civil Aviation Authority (CAA) on Friday announced that Pakistan will resume international flight operations from May 30 (Saturday).
“As per decision of...
Oil falls but still set for biggest monthly gain in years
LONDON: Oil prices were dragged sharply lower on Friday by weak US fuel demand, fears of a second wave of coronavirus cases...
Pakistan begins Afghan transit trade via Gwadar port
ISLAMABAD: Pakistan on Friday operationalised the Gwadar port for Afghan transit trade, with the first-ever cargo ship berthing at the seaport to...
Bulls return to bourse, index gains 235 points
KARACHI: The Pakistan Stock Exchange (PSX) changed its path on Friday, with the indices ending the last trading session of the month...
Weekly inflation up 0.13pc
PBS notes an increase in the prices of essential food items, particularly wheat flour, potatoes and chicken
Japan’s jobless rate rises to 2.6% in April: government
TOKYO: Japan's jobless rate rose and the availability of jobs fell in April, government data showed on Friday.
The seasonally adjusted unemployment rate...
One in 6 young people out of work due to pandemic: ILO
UNITED NATIONS: The coronavirus pandemic has created a ‘lockdown generation’ by forcing more than one in six people under the age of...
India’s economy to see worst economic contraction during current FY
Economists expect that India's economy will see the worst economic contraction in four decades during the current fiscal year that began in...
Dollar climbs to 164 in interbank market
The rupee lost Rs1.30 to reach Rs164 against the dollar in the interbank market on Friday as various parts of the country...
SEARLE partners with Beximco for supply of Covid-19 drug Remdesivir
This partnership will provide an immediate supply of the finished product at an affordable price and will help healthcare providers of Pakistan to treat their hospitalised Covid-19 patients without any delay.
US judge orders 15 banks to face big investors’ currency rigging lawsuit
A US judge on Thursday said institutional investors, including BlackRock Inc and Allianz SE's Pacific Investment Management Co, can pursue much of...
Special meeting of NCC on coronavirus to be held on June 1
Minister for Planning, Development and Special Initiatives Asad Umar has said that a special meeting of the National Coordination Committee (NCC) on...
Equities drop as Trump lines up China response
Equities fell in early trade Friday after Donald Trump called a news conference for later in the day to outline his response...
US manufactured goods sales plunge 17.2pc in April
WASHINGTON: New orders for US manufactured goods cratered in April by 17.2 percent as the COVID-19 pandemic shut down factories nationwide, the...