KSE-100 gains 177 points in volatile session

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a rollercoaster ride on Friday, with the indices changing directions throughout the day before ending...

Google fined 150 million euros by France

PARIS: France's competition authority fined Google 150 million euros ($167 million) for anti-competitive behaviour and for having unclear advertising on the Google...

Rs288m released for six petroleum sector projects

LAHORE: The government has released funds amounting to Rs288.103 million during the first six months of the current fiscal year to execute...

Pakistan Post to offer same-day delivery, e-money order, foreign remittances among other services

LAHORE: Pakistan Post has recently initiated new financial services including 'same-day delivery', 'electronic money order', 'postal rest houses', 'Pakistan foreign remittances' and...

Current account deficit shrinks 72.6pc in Nov: Hafeez Shaikh

LAHORE: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that current account deficit is down by...

Pak Suzuki to increase car prices by up to Rs90,000 from Jan 1

Pak Suzuki Motor Company (PSMC) is set to mark the new year by increasing the prices of its car from January 1,...

Gold imports drop 4.8pc in five months

ISLAMABAD: The import of gold into the country decreased by 4.81pc during the first five months of the current financial year (2019-20)...

EU extends economic sanctions against Russia by six months

BRUSSELS: European Union nations formally extended economic sanctions against Russia on Thursday by six months until July 31, the grouping of EU countries...

SNGPL puts gas supply on hold for general industry, CNG sector

'Decision has been taken in the wake of increasing gas consumption by domestic sector'

SECP records 30pc increase in new incorporations

The Securities and Exchange Commission of Pakistan (SECP) has registered 1,387 new companies in November, indicating an increase of 30pc when compared...

China says in touch with US on signing of Phase 1 trade deal

BEIJING: China and the United States are in touch over the signing of their Phase 1 trade deal, China’s commerce ministry said, which...

FATF conditions: MoF proposes AML/CFT rules for National Savings

Finance ministry to constitute a supervisory board to ensure implementation of new rules

SBP reserves surge 18pc, surpass $10bn mark

Forex reserves held by SBP increase by $1.65bn to $10.89bn; such levels were last seen in May 2018

Export of readymade garments increases 13pc in five months

The export of readymade garments during the first five months (July-Nov) of FY20 increased by 13.19pc to $1.156 billion, as compared to...

Oil hovers near three-month highs on trade progress, lower inventories

LONDON: Oil prices hovered near three-month peaks on Thursday, buoyed by falling US crude inventories and thawing trade relations between the United...