Trump accuses China of 'manipulating' its currency
US President Donald Trump has accused China of manipulating its currency to combat US tariffs.
- Published in Business
Businessmen raise funds for Dams
As the fund dedicated for the construction of Diamer Basha and Mohmand dams has received a lukewarm response from across the country, the Pakistan Industrial and Traders Associations Front (PIAF) managed to held an Independence…
- Published in Business
Pakistan to pay $9.3 billion in interest payments in FY2018-19
Pakistan will pay around $9.3 billion as debt and interest payment in fiscal year 2018-19.
- Published in Business
Dollar rate rises by Rs 1 in interbank market
Dollar rate in interbank market on Friday increased by Rs 1 to close at Rs124.50.
- Published in Business
Govt assessing future impact of renewed sanctions on Iran
The Ministry of Energy (MoE) has been asked to finalise its evaluation of the impact of US sanctions on Pakistan’s options for growth of economic relations with Iran, particularly in the energy sector. The task…
- Published in Business
CHINA ANGERED AT NEW US DEFENSE ACT, TO ASSESS CONTENT
China on Tuesday condemned measures targeting it in a new US defense act, saying it would comprehensively assess aspects that beef up the role of a key panel tasked with reviewing foreign investment proposals.
- Published in Business
PSX Remains Bearish On Monday
The KSE-100 Index closed today at 42637.59 points as compared to 42842.18 points on the last working day with a negative change of 204.59 points.
- Published in Business
Pakistan expresses solidarity with Turkey over currency crisis
Pakistan on Monday expressed solidarity with Turkey as the country grapples with a currency crisis that saw the lira plunge as much as 20% last week against the US dollar.
- Published in Business
REAP hails economic agenda of new govt
Rice Exporters Association of Pakistan (REAP) has hailed the economic agenda of the new government and asked it to declare the rice sector as an industry.
- Published in Business
Pakistan likely to borrow $4bn loan from Islamic Development Bank
Pakistan plans to borrow over $4 billion from the Jeddah-based Islamic Development Bank to bolster the country's low level of foreign currency reserves.
- Published in Business
Hundreds of Ryanair flights cancelled over European strikes
Dozens of Ryanair flights into and out of UK will not take place as scheduled on Friday as a result of a strike by pilots in Europe.
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Govt releases Rs 9.94 bln for development projects under PSDP 2018-19
The government has released over Rs 9.94 billion under its Public Sector Development Programme (PSDP) 2017-18 for various ongoing and new schemes against the total allocations of Rs 1,030 billion.
- Published in Business
Pakistan to get over $200m benefits after signing FTA with Thailand
Pakistan would get benefits of $200 million after signing the free trade agreement (FTA) with Thailand.
- Published in Business
Market watch: KSE-100 extends gains on back of political clarity
As more clarity emerged on the political scene, the stock market continued to march upwards on Monday after investors picked selective stocks in cement, financial and chemical sectors.
- Published in Business