Oil drops 5pc on China-US tensions, demand doubts

LONDON: Oil fell 5pc on Friday to around $34 a barrel as tensions rose between the United States and China, and doubts...

Pakistan rejects China debt trap theories

Foreign Office says public debt in CPEC projects mere 10pc of total outlay

Business community irked over six-day closure of banks 

ISLAMABAD: At a time when the lockdown had eased after two months and business activities had picked up sharply with the advent...

PIA flight with 99 on board crashes in Karachi

--PIA Airbus A320 took off from Lahore and crashed into Karachi's Model Colony minutes before landing --CAA officials cite 'technical problems' as reason...

Pakistan ready to combat impending attack of locust: FAO official

Pakistan is well prepared to combat an impending attack of crop-eating locust from breeding grounds in southern Iran. Talking to United Nations correspondents...
Oil producers

US cuts royalties for hard-hit oil, gas drillers

The Trump administration has lowered royalties for several drilling companies producing oil and gas on federal lands, according to a government database,...

Fake cigarette manufacturing company unearthed in Lahore; FIR lodged 

LAHORE: Lahore Police on Thursday registered a case against a cigarette manufacturing company involved in illegal production of cigarettes in the market...

Virus-hit China sets no annual growth target, a first in years

China took the rare move of not setting an annual growth target this year after the coronavirus battered the world’s second-largest economy...

PSX to remain closed from Friday to Wednesday

The Pakistan Stock Exchange will remain closed from May 22 (Friday) till May 27 (Wednesday) on account of Juma-tul-Wida and Eid-ul-Fitr holidays,...

Govt decides to restore international flights from Peshawar

The federal government has decided to restore international flights from Bacha Khan International Airport, Peshawar. The decision was taken by the Prime Minister...

US jobless claims keep climbing to hit 38.6mln since lockdowns

WASHINGTON: Millions more Americans filed for unemployment benefits last week as backlogs continue to be cleared and disruptions from the novel coronavirus...

Gold price increases to Rs 95,850 per tola

The per tola price of 24 karat gold increased by Rs. 50 and was traded at Rs. 95,850 on Thursday, as compared...
NCOC

31 smart lockdowns in place across Pakistan, NCOC told

ISLAMABAD: The National Command and Operation Centre (NCOC) on Thursday was apprised that at present around 631 smart lockdowns were in place across...
CPEC

Timely completion of CPEC project among govt’s top priorities: Qureshi

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi on Thursday said that timely completion of China-Pakistan Economic Corridor (CPEC) projects is among the top priorities...

Umar says was not pressurised by PM to decide on sugar subsidy

ISLAMABAD: Federal Minister for Planning and Development Asad Umar said on Thursday that he had neither faced no pressure from Prime Minister Imran...