Ukraine crisis encourages bears
LONDON: Wall Street fell as investors track corporate earnings, expected interest rate hikes and the standoff over Ukraine. European main equities rebounded from Friday's losses, with London's FTSE 100 and…
LONDON: Wall Street fell as investors track corporate earnings, expected interest rate hikes and the standoff over Ukraine. European main equities rebounded from Friday's losses, with London's FTSE 100 and…
QUETTA: At least four minters suffocated to death due to the accumulation of carbon monoxide in a coal mine in Zarghoon Ghar area of Balochistan, the official sources confirmed. “Coalmines…
HONG KONG: Asian markets rose Friday as a surge in Hong Kong on its first day back from a break helped overcome a sharp drop on Wall Street, though a…
PARIS:French pharmaceutical group Sanofi posted strong 2021 sales on Friday and expects another good performance in 2022, as the popularity of its asthma therapy offset setbacks in developing a Covid…
KARACHI: Sindh Excise and Taxation department would launch the road checking campaign for tax recovery from tax defaulting vehicles from February 7. The road checking campaign will continue from February…
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin has stated here on Thursday that Pakistan will not be needing another IMF program if the country commenced generating five to…
HELSINKI: Finnish telecoms giant Nokia reported a solid increase in profits in 2021 on Thursday and issued a confident outlook for the coming years as sales rose despite supply problems.…
KARACHI: SBP has come up with a policy enabling Person-to-Person fund transfers in the country through Raast, Pakistan’s Instant Payment System developed by the Central Bank. Raast—an Urdu word which…
LONDON: Stock markets mostly dropped Thursday as profit-taking set in after recent strong gains, as traders awaited interest rate updates from the European Central Bank and the Bank of England. While…
WASHINGTON: IMF Managing Director Kristalina Georgieva on Wednesday called for a peaceful resolution to the standoff between Russia and Ukraine, noting it is already contributing to a spike in energy…
KARACHI: World’s premium aviation consultancy agency, IATA Consultancy, presented a comprehensive business plan for PIA covering the period 2022 to 2026 to the Minister of Finance and Minister of Aviation,…
ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Tuesday said that the government believed in reviving and regaining the past glory of PIA and making it a profitable…
ISLAMABAD: The Consumer Price Index (CPI) based monthly inflation increased by 12.96% on year-on-year (YoY) basis during the month of January 2021 against the corresponding month of last year, Pakistan…
ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Asad Umar Monday (31st of January, 2022) directed the Code for the Pakistan team to develop a digital system for solving…
HONG KONG: Most Asian markets rose Monday after a late afternoon rally on Wall Street capped a volatile week for global equities, though traders remained nervous about the Federal Reserve's plan…
MELBOURNE: An imperious Ashleigh Barty became the first Australian to win her home Grand Slam in 44 years Saturday, halting the charge of fearless American Danielle Collins in straight sets.…
TOKYO: Toyota Motor Corp. topped the rankings in global auto sales in 2021, accelerating past Germany's Volkswagen AG for a second straight year, data from the Japanese automaker showed Friday.…
KARACHI: National Assembly Standing Committee on Finance and Revenue on Thursday reviewed the performance of National Bank of Pakistan, discussed the issues and assured all possible support and facilitation to…
LONDON: US and European bourses rose on Thursday as investors put aside rate hike fears and focused on data showing the US economy grew at its fastest pace in decades…
ISLAMABAD: SCP on Wednesday directed the Sindh Government and the Wage Board to fix minimum wage in the province by consensus in two months. A three-member SC bench comprising Justice…
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday decided to unfreeze the bank accounts of Pakistan International Airlines (PIA). According to spokesperson PIA, the decision was taken during the…
KARACHI: State Bank of Pakistan (SBP) on Monday decided to keep its policy rate unchanged at 9.75 percent in line with the forward guidance provided in the last monetary policy…
LONDON: Airlines must operate more flights in Britain this summer as demand recovers from the pandemic - or lose lucrative take-off and landing slots, the UK government warned Monday. Carriers…
ISLAMABAD: The Federal Board of Revenue (FBR) on Sunday vowed to promote the regional trade and facilitate the traders to boost the country’s economy. Building further on government's vision to…