Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to
Moody’s downgrades Pakistan’s rating outlook to negative
Rating of B3 reaffirmed for local and foreign currency debt.
SECP brings new regulations to satisfy FATF
Correspondent banking relationships impacted.
CPEC consortia run into problems over payment issues
Sponsors of one project ‘bad-mouthing’ the other; investors grow jittery.
Current account deficit rises to $16bn
During the last couple of years the foreign exchange reserves of the State Bank drastically reduced to $10bn.
FBR chief urges business to avail amnesty scheme
Reminds everybody that information sharing begins on Sept 1.
Stocks tumble 680 points on foreign selling
The panic selling intensified in the last hour which pulled down the KSE-100 index to close at 43,002.83.
Top central banks see growing gloom amid global trade war
The heads of top central banks take a gloomy view on the escalating conflict.
FDI slips to $2.4bn in 11 months
The China-dominated FDI witnessed steep fall in May as it declined by $85 million to $238m.
‘Give us clarity on how post-Brexit trade will work’
LONDON: The United Kingdom needs to urgently clarify how trade with the European Union will work after Brexit, and...
ADB cancels $20m loan for privatisation
ADB says the privatisation programme has been slowed down and remain largely on hold to date.
Gold steady
Trade tensions between the United States and China are showing no signs of easing.
Erratic buying on cotton market
Falling world cotton prices have started to impact the domestic market where deals were finalised at lower rates.
Palm oil charts third day of losses
KUALA LUMPUR: Malaysian palm oil futures fell on Wednesday evening, charting a third consecutive session of ...
Opec’s challenge – to pump more oil while keeping deal in place
Three Opec members have been reluctant to consent to a formal increase in Opec’s output target.
Automakers improve quality to record level in annual survey
DETROIT: A survey of new-vehicle buyers finds that car and truck quality hit a record high this year as automakers...
Air India stake sale plan shelved, alternatives being worked on
Air India is now reviewing its funding needs and weighing ways to remain competitive.