Let’s talk immorality and business
Hoarding has been a problem in Pakistan for long, and in the world for longer. But reflecting on right and wrong might be what is necessary to fight this evil.
Third World, pause. Time for an agenda reset
Is there a silver lining to the Covid-19 pandemic?
Bulls regain control as KSE-100 accumulates 866 points
KARACHI: Bulls helped the Pakistan Stock Exchange (PSX) recover losses accumulated in the previous session, with the benchmark KSE-100 Index crossing the...
OPEC, allies to consider output cut after price crash
Top crude producers will hold a crucial teleconference on Thursday to discuss a possible cut in output after a collapse in demand...
Asian equities mostly rise as dealers eye slowing infection rate
Asian markets were mostly in positive territory Thursday following another strong day for Wall Street as traders buy into optimism that the...
Oil rallies as deal takes shape before key meeting
Oil prices extended gains Thursday after Russia signalled it was ready to cut output before a key producers' meeting aimed at boosting...
Iran seeks $5bn IMF loan to combat Covid-19
TEHRAN: Iranian President Hassan Rouhani urged the International Monetary Fund (IMF) on Wednesday to give the sanctions-hit country a $5 billion emergency...
Covid-19: UK, France, Germany hit by worst recession
ISLAMABAD: The coronavirus pandemic is battering the world’s major economies such as the UK, France, Germany and could trigger the deepest global...
Senior officials of Chinese companies meet PM; donate Rs5m for Covid-19 Relief Fund
ISLAMABAD: President of Zonergy Company Limited of China Richard J Guo, Vice President Kevin Qiu, General Manager Li Kan from China Machinery...
World’s biggest oil producers at odds ahead of talks on major cuts
DUBAI/LONDON: The world’s top crude oil producers Saudi Arabia, Russia and the United States remained at odds on Wednesday over how to...
McDonald’s pulls forecast as virus outbreak hits global sales
McDonald’s Corp global comparable sales tumbled 22.2pc in March and the burger chain pulled its full-year forecast as coronavirus-related lockdowns forced it...
Fauji Foundation appoints a civilian as CEO and MD
The Fauji Foundation has appointed renowned corporate figure Waqar Ahmed Malik as its new Managing Director and Chief Executive Officer.
The announcement has...
IMF to give Pakistan $1.4bn in ‘budgetary support’ next week
The International Monetary Fund (IMF) will give Pakistan $1.4 billion next week “to boost its foreign exchange reserves and get some budgetary...
PSX completes pilot run of new surveillance system
KARACHI: The Pakistan Stock Exchange (PSX) successfully completed the pilot run of its new surveillance system in the last week of March...
Global equities climb on hopes pandemic is peaking
NEW YORK: World equity markets moved higher and oil prices stabilised on Wednesday on hopes the coronavirus pandemic is peaking and that...