KSE-100 ends 301 points higher amid volatile trading
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a volatile session on Thursday, as indices kept swinging between the red and green zones all...
China seeks to allay fears over Belt and Road debt risks
'China will establish an analysis framework on debt sustainability for Belt and Road projects to prevent and resolve debt risks'
BEIJING: China...
Iraq on track to become third biggest oil supplier by 2030: IEA
'Iraq's production in the next decade could increase by an impressive 1.3m barrels per day to a total of 5.9m bpd'
BAGHDAD: Iraq...
HBL collaborates with Visa to launch QR payments service in Pakistan
HBL, Pakistan's leading bank in the digital space, and Visa, the world leader in digital payments, have collaborated to launch Visa on...
SC restores taxes on cellular top-up
CJP says apex court will not intervene in public revenue and tax collection propositions
ISLAMABAD: The Supreme Court (SC) on Wednesday ordered the restoration...
Britain’s deficit hits 17-year low
LONDON: Britain's deficit improved last year to reach its lowest level for 17 years on bumper tax revenues and lingering state austerity, official...
Trump says US-China trade talks going well
WASHINGTON: US President Donald Trump on Wednesday said ongoing trade talks between the United States and China were going well, as the...
MCB Bank reports 24pc growth in profit before tax
The bank declares an interim cash dividend of Rs4 per share for the 1st quarter of 2019
The Board of Directors of...
‘Govt to present next budget by end of May’
Finance secretary says assets declaration scheme will be finalised by next week with amendments directed by Dr Hafeez Shaikh
ISLAMABAD: The government will...
Imports reduced by $3.5bn in FY19, PM’s aide tells NA
'Prudent steps like imposition of regulatory duties and control of low-quality products will further reduce the volume of imports in the...
Saudi says no immediate plan to boost oil output as Iran waivers end
RIYADH: Saudi Arabia has no immediate plans to raise oil output after the United States ends sanctions waivers for buyers of Iranian crude,...
Pakistan, South Korea sign framework arrangement worth $500m
Under the arrangement, South Korea will provide long-term concessional financing for the execution of various development projects in Pakistan
ISLAMABAD: Adviser to Prime...
LHC sets aside FBR’s suo motu powers to collect sales tax
'FBR cannot collect sales tax from any businessperson without registering him/her'
LAHORE: The Lahore High Court (LHC) has set aside the suo moto...
HBL’s profit increases 14pc to Rs8.4bn in 1st quarter 2019
HBL on Wednesday declared a consolidated profit after tax (PAT) of Rs3.2 billion with earnings per share of Rs2.08 for the first...
Respite for PSX as index closes 100 points higher
KARACHI: The Pakistan Stock Exchange (PSX) changed its direction on Wednesday, as indices managed to recover losses from the preceding session. Foreign investors...