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Havoc persists on PSX amidst political turmoil
KARACHI: Stocks took another beating on Thursday with the KSE-100 index plunging by 1,051 points (2.38 per cent) to...
Turkey urged to reciprocate market access
Commerce minister offers market access to Turkish manufacturers as negotiations on FTA enter final round.
SBP to upgrade printing machines
Modern printing machinery will be used to enhance the printing capacity and improve quality of banknotes.
Hubco profit drops 9pc
KARACHI: Hub Power Company reported on Thursday consolidated income of Rs11.3 billion for 2016-17, down 9.2 per cent...
Reserves slide continues
Total liquid reserves dropped by $88 million to $19.94 billion on Aug 11.
BRICS plans $1.5bn lending for S. Africa
JOHANNESBURG: The New Development Bank (NDB), set up by the BRICS group of emerging economies, plans to lend $1.5...
Indian rules for power grid, telecoms aim at China
Local firms and right-wing nationalists blame Beijing for inflicting trade losses and supporting Pakistan.
Businesses yet to change strategic planning due to Brexit: survey
LONDON: A majority of businesses are yet to change their strategic planning due to Britain’s decision to leave the...
CORPORATE WATCH
Alibaba profit nearly doublesSHANGHAI: Chinese e-commerce giant Alibaba said on Thursday its net profit almost...
Philippine economy surges
MANILA: The Philippine economy grew by 6.5 per cent in the three months to June, likely one of the fastest in Asia,...
Cotton prices depressed on supply glut
KARACHI: Mounting selling pressure amid higher phutti (seed-cotton) arrivals from Punjab and increased availability...
Palm oil up
KUALA LUMPUR: Malaysian palm oil futures scored their first gain in four sessions on Thursday, tracking stronger...
Sri Lanka cuts taxes to lift disaster-hit economy
COLOMBO: Sri Lanka announced tax cuts and subsidised loans for small businesses and exporters on Thursday, amid...
Gold rises on Fed caution
LONDON: Gold rose for a second day on Thursday after Federal Reserve officials hinted that US interest rates could...
Syria’s opens first international trade fair since 2011
DAMASCUS: The Syrian government on Thursday opened the country’s first international trade fair since war broke ...
ECB frets over stronger euro as stimulus exit nears
FRANKFURT: European Central Bank (ECB) governors expressed concern over the strength of the euro at their last...