US financial regulators start contingency planning as virus reaches Washington

WASHINGTON: US financial regulators are preparing contingency arrangements, including travel restrictions and homeworking, to ensure they can effectively oversee the financial markets as...

Gender parity will bring $30bn to Pakistani economy: report

KARACHI: Pakistan can add more than $30 billion to its GDP if it can improve parity between men and women, says reports on...

PTA, PASHA discuss ways to promote digital economy

The Pakistan Telecomm Authority (PTA) chairman on Saturday held a meeting with the representatives of Pakistan Software Houses Association (PASHA) to discuss...

Pakistan’s housing backlog touches 10.3m mark

LAHORE: Despite the government's ambitious agenda to build five million affordable houses in the next five years, it seems that the availability...

China’s exports tumble, imports slow as coronavirus batters trade and business

BEIJING: China’s exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by...

Railways to give nine more trains to private sector

LAHORE: Railways Minister Sheikh Rasheed Ahmed said on Saturday that after giving three freight trains to the private sector, nine more trains...

Less consumption of RLNG puts SNGPL infrastructure at stake

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has warned that the reduced consumption of Re-gasified Liquefied Natural Gas (RLNG) by the...

Facebook shuts London office after COVID-19 scare

LONDON: US technology giant Facebook has said it was shutting its London office until Monday for a “deep clean" after an employee...

Statistics dare to refute FBR’s tax return filers claims

ISLAMABAD: The statistics have dared to refute claims of Federal Board of Revenue (FBR) about filers of tax returns as the number...

Trade activities resume on Pak-Iran border after 14 days

Trade between Pakistan and Iran resumed on Saturday after 14 days, a private TV channel reported. According to the channel, Pak-Iran gate has...

Sadia Khan appointed as SECP commissioner 

ISLAMABAD: The government has appointed Sadia Khan as commissioner of the Securities and Exchange Commission of Pakistan (SECP) for a period of...

COVID-19 may wreak havoc on Pakistan’s economy: ADB 

The Asian Development Bank (ADB) has predicted that the coronavirus (COVID-19) plague can cause losses to the Pakistan economy to the tune...

CPEC to march forward as scheduled despite COVID-19 epidemic

BEIJING: The China Pakistan Economic Corridor (CPEC) will continue its mutually beneficial march toward development, prosperity and win-win cooperation in line with...

US oil prices drop $41.28 as OPEC deal falls apart

NEW YORK: The Organisation of Petroleum Exporting Countries (OPEC) and its allies failed to reach a deal on oil production cuts on...
Gold

Gold price rises by Rs 1300 per tola

KARACHI: The price of 24 karat gold has jumped up by Rs 1300 per tola and was traded at Rs 95,500 as...