Central banks deploy record sums to break financial logjam, but may need more
LONDON/BOSTON: Central banks have offered trillions of dollars of support to markets in recent days to keep them from freezing up, as...
Home work triggers demand jump for chips, laptops and network goods
SEOUL/TOKYO: With more employees working from home to help slow the spread of the coronavirus, demand is surging for laptops and network...
Global economy will suffer for years to come: OECD
The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development has warned.
Angel Gurría, OECD secretary...
Airbus cancels 2019 dividend, 2020 forecasts due to coronavirus
PARIS: European aviation giant Airbus said Monday it would cancel the planned dividend payment for 2019, and also abandon its earnings forecasts...
Chinese firm donates traditional medicine to coronavirus-hit Pakistan
To win the battle against coronavirus, a pharmaceutical company in central China's Hunan province has donated a large sum of a traditional...
COVID-19: ADB adjusts annual meeting arrangements
BEIJING:The structure of the Asian Development Bank’s (ADB) 53rd Annual Meeting of the Board of Governors will be adjusted given the ongoing...
Business community suggests govt to impose coronavirus lockdown
Calls for setting up of special fund to support daily wagers
LAHORE : The business community on Monday urged the government to announce complete...
Asian markets fall as coronavirus pandemic deaths soar
Asian markets were mostly in the red in early trade Monday despite massive economic stimulus efforts worldwide, with investors spooked by the...
SEZs establishment important part of CPEC enrichment, extension
The establishment of Special Economic Zones (SEZs) is an important part of the construction of the China-Pakistan Economic Corridor (CPEC) and is...
Oil prices fall 4% amid coronavirus chaos
Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak that has slashed the...
Imran Khan expected to announce relief package for power sector today
In the wake of fast spreading coronavirus in the country, Prime Minister Imran Khan is expected to announce a relief package for...
US power industry may ask key employees to live at work if COVID-19 worsens
In the wake of the coronavirus outbreak, the US electric industry may ask essential staff to live on site at power plants...
“Lahore L’hore ay” – but is Lahori culture good for business?
Lahore seems to have some natural advantages when it comes to business. Why is Karachi still far ahead? It’s all about the culture.
Why tax-to-GDP is a farce
Pakistan’s economy has been in a chokehold for the past two years. The problem is that there are too many elephants in...
The coming change to Pakistan’s mortgage market
Change can often come from unexpected quarters. A recent ruling from the Lahore High Court on the law concerning mortgages – specifically,...