ISLAMABAD: Adviser to Prime Minister on Finance, Revenue and Economic Affairs Miftah Ismail had told the IMF and World Bank that Pakistan was set to achieve high GDP growth rate during current year again and was hoping to maintain this... read more
SINGAPORE: Oil prices on Friday stayed near three-year highs reached earlier this week, with ongoing OPEC-led supply cuts and strong demand gradually drawing down excess supplies. Brent crude oil futures LCOc1 were at $73.74 per barrel at 0657 GMT, down... read more
KARACHI: The Pakistan Stock Exchange (PSX) was remained bearish today (Wednesday) as KSE-100 Index closed at 45478.63 points as compared to 45801.73 points on the last working day with a negative change of 323.10 points. The total turnover was 156,038,200... read more
WASHINGTON: The 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 said Tuesday. In the latest... read more
BEIJING/SHANGHAI: China is scrapping a limit on foreign ownership of automotive ventures, representing a major shift from policy in place for more than two decades, even as trade tensions simmer between Washington and Beijing. The country will remove foreign ownership... read more
SINGAPORE: Oil fell 1 percent on Monday as markets opened following western air strikes in Syria over the weekend, while a rise in U.S. drilling for new production also dragged on prices. The United States, France and Britain launched 105... read more
WASHINGTON: The US Treasury added India to its watch list of countries with potentially questionable foreign exchange policies, joining China and four others, according to a report issued on Friday. Treasury said the “monitoring list” includes those “major trading partners... read more
KARACHI: Iranian Minister for Roads and Urbanisation Abbas Akhoundi showed keen interest in avenues available under the China-Pakistan Economic Corridor (CPEC). The minister who arrived Pakistan is leading a high level Iranian delegation which visited Karachi Port Trust (KPT) on... read more
