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As demand plummets, cement producers slash output, shut some lines
Decline attributed collapse of demand due to lack of private or government-funded infrastructure projects.
FBR talks with traders remain inconclusive
Traders’ representatives met with top officials of the FBR to present their proposals on the three schemes.
Investors, lenders critical of renewable energy policy
Participants suggest annual targets for each technology should be set and followed up with implementation schedules.
Major companies announce results
KARACHI: Faysal Bank Ltd (FABL) on Friday announced financial results for the half-year ended July 30 posting profit...
Tax return forms issued
The FBR has sought feedback from all stakeholders on these draft returns within a period of seven days.
Week-long bull run ends on last day of trading
The market opened in the positive but could not sustain the high levels and succumbed to profit taking.
Cotton prices rise on strong buying
KARACHI: Buying spree continued on cotton market for third consecutive day on Friday as spinners booked big lots...
Palm oil up
KUALA LUMPUR: Malaysian palm oil futures climbed to a fresh six-month peak on Friday, charting a fourth straight...
Gold drifts lower
BENGALURU: Gold edged lower on Friday, heading for its worst week in over four months, as investors locked in ...
Trump vows response as China plans tariffs on $75bn US goods
BEIJING: President Donald Trump on Friday called on US companies with operations in China to consider an alternative...
SECP Policy Board head
ISLAMABAD: The Ministry of Finance on Friday notified appointment of Syed Masoud Naqvi as member and chairman...
Germany sees recession
BERLIN: The German government expects Europe’s largest economy to slide into recession in the third quarter, Der...