Japanese stocks drop after Wall Street sell-off
Japanese and Australian stocks tumbled Friday at the end of a healthy week across world markets, with traders tracking a sell-off on...
Minister hails Chinese assistance for combating Covid-19
ISLAMABAD: Federal Minister for Economic Affairs Makhdoom Khusro Bukhtiar has appreciated Chinese assistance to Pakistan for fighting the coronavirus pandemic.
He was talking...
IMF urges aiding vulnerable workers in Asia
TOKYO: Asian policymakers must expand safety nets for the region’s huge pool of part-time and temporary workers most vulnerable to the economic...
McDonald’s profit misses estimates as restaurants limit services
McDonald's Corp missed Wall Street estimates for quarterly profit on Thursday as most of its restaurants limited their services to delivery, drive-thru...
CNG price reduced by Rs12.5 per litre in Punjab, Islamabad
Following a decline in LNG prices, the price of CNG has been slashed by Rs12.50 per litre for Punjab and Islamabad.
After the...
SBP reserves rise $1.9bn to $12bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $1,181 million to $12,070.3 million during the week...
Proposals for tariff rationalisation evaluated; sub-committee formed
ISLAMABAD: As various sectors had demanded the Ministry of Commerce and other relevant authorities to review the existing tariff structure keeping in...
COVID-19: Over 13,000 Pakistanis laid off in UAE
Foreign Office spokesperson Aisha Farooqui on Thursday disclosed that at least 13,000 Pakistan nationals lost their jobs in the United Arab Emirates...
Govt slashes petrol price by Rs15
ISLAMABAD: The government on Thursday reduced the prices of petroleum products by Rs15 to Rs30 to facilitate the general public amid falling crude...
Dollar falls to Rs160 in interbank market
The US dollar on Thursday slipped by Rs1.44 against the rupee to close at Rs160.175 in interbank market.
Compared to the opening value...
Pakistan likely to miss FY20 export target by $3bn, Dawood says
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has said that the country's export target of $25 billion would not...
Global smartphone output to plunge by record 16.5pc in June quarter
Global smartphone production is expected to slump a record 16.5pc to 287 million phones in the June quarter from a year earlier...
In a first, PIA to start direct flights to US
KARACHI: The United States Department of Transportation has granted permission to Pakistan International Airlines (PIA) to conduct direct flights to the US, the...
ECNEC approves Rs175bn to settle Diamer-Basha land issues
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved Rs175.43 billion to address land and resettlement issues pertaining...
SECP proposes new regulations for insurance agents
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Corporate Insurance Agents Regulations, 2020.
The proposed regulations aim at strengthening...