Sindh textile millers seek govt’s intervention as virus shakes industry
KARACHI: Textile millers on Thursday demanded the government to take drastic steps to save the export-led textile industry from the negative economic...
KSE-100 makes smart recovery after shedding over 1,900 points
KARACHI: It was another volatile day at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index slipping below the 29,000-mark during...
Airline industry crisis deepens as coronavirus pain spreads
ERLIN/SYDNEY: The crisis for airlines deepened on Thursday as Lufthansa warned the industry might not survive without state aid if the coronavirus...
World leaders rush in to shore up panic-hit global financial system
HONG KONG: World finance leaders tried to lift confidence with emergency measures to pour cash into panic-stricken markets on Thursday, as investors...
Rs9.37bn released for textile exporters, says Dawood
The Ministry of Commerce has released Rs9.37 billion to textile exporters under various schemes, said Adviser to Prime Minister for Commerce, Textile,...
Automaker JAC turns profit in 2019, says report
Chinese carmaker Jianghuai Automobile Group Corp. swung back to profit last year, according to the annual report of the company.
Data showed that...
Pakistan Post offers EMO service to send money at doorstep
The Pakistan Post is offering Pakistan Post Electronic Money Order (EMO) service which is known as post to the doorstep, adding that...
Cash is king as emergency stimulus fails to stop stock market panic
The dollar surged and everything else was blown away on Thursday as emergency central bank measures in Europe, the United States and...
Razak announces coronavirus relief package for exporters
Advisor to Prime Minister for Commerce, Textile, Industry, Production and Investment Abdul Razak Daewood has assure exporters the government is fully aware...
Foreign Office rejects Indian propaganda against CPEC
ISLAMABAD: Pakistan has categorically rejected the Indian propaganda against the China-Pakistan Economic Corridor (CPEC), terming it desperate attempts to falsify facts and...
Oil prices rebound after ECB launches virus measures
Oil prices rebounded strongly Thursday a day after US crude hit its lowest level for 18 years, as the European Central Bank...
PSX makes sharp recovery after crash
The Pakistan Stock Exchange (PSX) recovered after opening crash on Thursday as KSE-100 index was trading at 30, 347 points at 12:30...
New York Stock Exchange to shut trading floor, keep electronic trade
NEW YORK: The New York Stock Exchange will halt activity on its trading floor due to the coronavirus (Covid-19) but remain open...
Trade between Pakistan, China not halted despite Covid-19: FM
Foreign Minister Shah Mahmood Qureshi has rejected the impression that there would be any stoppage of trade between Pakistan and China in...
Toyota Yaris launch likely to be postponed due to virus outbreak
KARACHI: The launch of Toyota Yaris in Pakistan by the Indus Motor Company (IMC) is likely to be postponed because of the...