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Saudi Arab to start giving oil of $3.2bn for three years...

Pakistan’s petroleum group imports including crude and Liquefied Natural Gas LNG stood at $13.26 billion during the last fiscal year FY18 while the country...

Greenback touches Rs 154 in Kerb market

KARACHI: The US dollar continued its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. In the...

Google blocks Huawei’s android use after trump blacklist

It may just have killed Huawei's bid to become the world's top smartphone brand HONG KONG: Google is restricting Huawei's access to its Android operating...

US carmaker ‘Ford’ announces 7,000 job cuts

US car giant Ford has announced it will cut 7,000 jobs globally by the end of August in an effort to save costs, BBC...

Pakistan deputes diplomats to 18 countries

Pakistan appointed ambassadors and diplomats to 18 stations, including China, India, Japan, Belgium and Malaysia on Monday. The appointments have been finalised after approval by...

SBP raises discount rate by 150bps through monetary policy

KARACHI: The State Bank of Pakistan (SBP) on Monday enhanced the policy rate/discount rates by 150 basis points to 12.25 per cent with effective...

KSE-100 index declined 800pts closing 32,358pts

KARACHI: The Pakistan Stock Exchange (PSX) benchmark KSE 100-share Index has lost 800 points at the start of the first day of the trading...

PSX’s brokers along with chairman FBR meet Hafeez Shaikh

A delegation of leading Businessmen and Brokers comprising of Bashir Jan Mohammad, Arif Habib, Aqeel Karim Dhedhi, Ali Jamil and Chairman PSX Sulaiman Mehdi...

Asad Umar to raise the Pak-rupee devaluation issue in NA finance...

ISLAMABAD: Former finance minister Asad Umar, while responding to the matter of sudden devaluation of rupee against the US dollar, said on Thursday that...

After touching Rs 147, Dollar closes at 146.52 in Interbank market

KARACHI: The US dollar touched an all-time high of Rs 147 in the interbank market on Thursday morning, but it closed at Rs 146.52...