PSX ends 191 points higher amid volatile trading
KARACHI: Another round of volatility continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices that headed towards the south took...
Foreign Direct Investment in Pakistan drops by 52% in 10MFY19
The Oil & Gas Exploration sector emerged as the top performer when it came to monthly performance, as it contributed nearly $34 million to the FDI
OBS Pakistan amalgamates AGP with AitkenStuart
It is pertinent to mention that rumours had been circulating that OBS Pakistan was going through major restructuring and this acquisition by Searle comes as a surprise for the market.
‘All your Grandes and Civics are coffins on wheels, and local assemblers are the undertakers’: BS or not?
Mubasher Lucman has a bone to pick, and this time it’s with the car manufacturing industry in Pakistan. The talk show host...
Pakistan, Bulgaria to discuss agriculture ties
The ambassador offered cooperation in the field of animal medicines, which Bulgaria is quite famous for.
Worries of longer, costlier U.S.-China trade war hits markets
Morgan Stanley analysts warned that a collapse of the trade talks and a lasting breakdown with higher tariffs on all U.S.-China trade would push the global economy toward recession.
U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firm
A report on Monday on the potential impact of stringent export controls on technologies found that U.S. firms could lose up to $56.3 billion in export sales over five years.
IMF aid programmes mostly help but need fine-tuning: report
The review showed that member states turn to the IMF when they are already facing major threats to economic and financial stability.
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
SBP re-launches issuance of fresh currency notes
The service will be provided through 1702 e-branches and 16 SBP offices across Pakistan to ensure maximum geographical coverage.
Govt taking all possible measures to attract FDI: Dawood
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood said on Monday that the current government is taking all the possible measures...
US, China bicker over ‘extravagant expectations’ on trade deal
BEIJING/WASHINGTON: China accused the United States on Monday of harbouring “extravagant expectations” for a trade deal, underlining the gulf between the two sides...
Medicinal imports rise 3.54pc to $929m
ISLAMABAD: Pakistan has imported medicinal products worth $929.355 million during the first ten months of the current fiscal year, showing a growth of...
FM Qureshi invites Kuwaiti business leaders to invest in Pakistan
ISLAMABAD: Foreign Minister Shah Mehmood Qureshi has called for Kuwaiti business leaders to invest in Pakistan and to become partners in the government’s...
Unstoppable dollar sells at Rs152 in open market
KARACHI: The US dollar reached an unprecedented high of Rs152 in the open market on Monday, as the rupee maintained its downturn on...