Apple places $7bn in return to bond market
Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the...
Pakistan, Saudi Arabia review progress on energy MoUs
ISLAMABAD: Pakistan and Saudi Arabia have reviewed the progress made on existing memorandums of understanding (MoUs) in the energy sector and discussed...
Economy out of the woods, PM’s aide tells foreign investors
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has said that the government has overcome the immediate challenges...
China, US to hold trade talks in Oct
BEIJING/WASHINGTON: China and the United States on Thursday agreed to hold high-level talks in early October in Washington, boosting markets as investors hoped...
Macroeconomic imbalances hampered financial sector growth in 2018: SBP
KARACHI: The State Bank of Pakistan (SBP) on Thursday issued its flagship annual publication, Financial Stability Review (FSR), for the calendar year 2018.
The...
Govt assures cotton growers of fair prices
ISLAMABAD: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh said on Thursday that there was an unprecedented focus on...
Govt launches Rs2.35bn Swat fish farming project
ISLAMABAD: National Food Security & Research Minister Sahibzada Muhammad Mehboob Sultan on Thursday inaugurated the Rs2.35 billion 'Trout Fish Farming Programme' under...
KSE-100 falls flat amid volatility
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) failed to sustain their control on Thursday, as the indices took a U-turn in the...
PM orders inquiry into power sector; committee formed
ISLAMABAD: In an apparent bid to rectify the wrongdoings of the past and to ensure future security, a nine-member committee has initiated...
Karachi still waiting for its share of development funds
The mega city’s projects of road infrastructure, mass-transit, water and sewerage haven’t received any funds from the federal government in the first...
Possibility of IMF deal being renegotiated, says Govt
ISLAMABAD: In a session of National Assembly’s Standing Committee on Finance and Revenue, Naveed Kamran Baloch, the finance secretary, while responding to...
FBR announces automated export facilitation scheme
ISLAMABAD:The federal government has announced Export Facilitation Scheme in order to boost exports from Pakistan for increasing the trade volume of the...
Fake accounts case: NAB to recover Rs10bn after seven suspects avail plea bargain
The National Accountability Bureau (NAB) has claimed to recover over Rs10 billion in the fake accounts case after the plea of seven...
Audit report invalidates PIA’s claims of increase in revenue
KARACHI: Despite under obligation to publicly declare its quarterly and annual financial reports, Pakistan International Airlines (PIA) had not declared its financial details...
US does not want to discuss Huawei with China, says Trump
President Donald Trump said on Wednesday the United States does not want to discuss the blacklisting of Huawei Technologies with China as...