9MFY18: China invests $1.4b in Pakistan’s power, construction sectorsKARACHI: Foreign Direct investment (FDI) in Pakistan grew marginally by 4.4 percent in first nine months of the current fiscal to $2.00 billion as compared to $ 2.09 billion invested during the same p...
Asia markets struggle to hold gains up after China dataAsian markets failed Tuesday to hold on to early gains following news that China's economy grew more than expected in the first three months, with trade and geopolitical tensions still dogging sentime...
OICCI asks for removal of super taxISLAMABAD: Overseas Investment Chamber of Commerce and Industries (OICCI) on Tuesday demanded of the government to reduce the number of taxes, clearance of the tax refund cases as early as possible an...
Cement scrips lead stock market rallyKARACHI: Pakistan equities closed positive Tuesday with benchmark KSE100 Index settling at 45,802 levels, after making an intraday high of +200 points against an intraday low of -197 points. The index...
Need for collaboration between industry, entrepreneurs stressedISLAMABAD: Pakistan's digital horizon is bringing about a revolution in enterprises workings and societal behaviours. Scores of shops of busy markets have started using e-Khata to run their businesses...
IMF sees near-term global growth at 3.9% but risks beyondThe global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United States and Europe but after that risks will build, the International Monetary Fund s...
Greenback remains unmoved in value versus domestic unitKARACHI: US currency remained unmoved in value against rupee in interbank however gained value in open market on back of significant demand from corporate sector and importers. Central bank's stance p...
Cotton buying remains steady amid better grades in focusKARACHI: The cotton trading remained steady amid firm physical price and around 2,500 bales changed hands. The Karachi Cotton Association (KCA) spot rate remained intact at Rs 7,500 per maund, the tra...
Yellow metal price remains dull on Gold Futures speculationKARACHI: Yellow metal price remained dull in international and domestic bullion market on Futures correction and dull trading as metal speculators feared better output and prolonged overall internatio...