Wall Street tumbles over 1pc on trade, growth fears
Technology, among sectors most exposed to China, was the hardest hit
US stock indexes fell more than 1pc on Thursday, as investors...
Govt to ensure provision of electricity to SEZs
PM's adviser says incumbent regime aims to facilitate industrial relocation from China
ISLAMABAD: The federal government has decided to start the electrification...
Interior ministry puts OGDCL chief’s name on ECL
The Ministry of Interior has added the name of Oil and Gas Development Company Limited (OGDCL) Managing Director Zahid Mir on the...
British Airways to resume flight operations to Pakistan next week
ISLAMABAD: British Airways (BA) will resume its flight operations to Pakistan from 2nd June, it was learnt on Thursday.
The airline suspended its operations...
Huawei’s own OS system may be ready this year: report
BEIJING: Chinese telecom giant Huawei says it could roll out its own operating system for smartphones and laptops in China by the...
IMF warns US-China trade war will ‘jeopardize’ 2019 global growth
WASHINGTON: The IMF on Thursday warned that the escalating US-China trade war will "jeopardize" 2019 global growth, undermining confidence and raising prices for...
Govt proposes development outlay of Rs1.83tr for 2019-20
ISLAMABAD: The government on Thursday proposed a national development outlay of Rs1.837 trillion with a provincial contribution of Rs912 billion.
The decision was made...
Naveed Kamran Baloch replaces Younus Dagha as finance secretary
ISLAMABAD: As expected, the government has removed Younus Dagha from the position of Finance Secretary on Thursday, a notification issued by the Establishment...
Fitch forecasts stability in Pakistan following tough economic decisions
The US-based research house expects SBP to maintain its benchmark interest rate at 12.25pc throughout the year
Fitch Solutions, a US-based global research...
Bull run continues at PSX, index ends 977 points higher
KARACHI: Bulls of the Pakistan Stock Exchange (PSX) were once again successful in conquering the market, as the indices continued on the upward...
Pakistan finally opens up about Chinese borrowing
It is believed that the United States wants to ring-fence IMF's money in order to stop Pakistan from using such funds for repaying Chinese loans.
Turkish giant Arçelik eyes further expansion in Pakistan
The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...
US official acknowledges consumers will pay some tariff costs
WASHINGTON: US Treasury Secretary Steven Mnuchin on Wednesday acknowledged that consumers may pay higher prices as a result of the steep tariffs imposed...
Govt likely to remove Finance Secretary Younus Dhaga
As per sources, Cabinet Secretary Naveed Kamran Baloch may replace Dhaga owing to his 'closeness' with the finance adviser
ISLAMABAD: The government has...
Govt to facilitate exploration companies under new petroleum policy: PM
Kuwait Petroleum evinces keen interest in expanding business activities in Pakistan
ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the government was...