Business

Business

Car production up 6.28% in 11 months, 19.35% in May

The production of jeeps and cars increased by 6.28 percent during first eleven months of the fiscal ear 2016-17 compared…

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AT&T to run wireless, media as separate units

AT&T Inc will run its wireless and DirecTV satellite television businesses separately from Time Warner Inc's media assets following its…

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Moody’s reaffirms Pakistan’s B3 rating, maintains stable outlook

Moody’s Investors Service has reaffirmed Pakistan’s sovereign rating at B3 with Stable outlook. According to press statement issued here Thursday…

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KSE 100-index falls over 500 points

The Pakistan Stock Exchange has show another 500 points fall on Wednesday. The KSE 100-index recorded a drop of over…

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PSE down 1,800 points

The Pakistan Stock Exchange shown a negative trend on Tuesday morning following the Panama report against the prime minister and…

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Pakistan sets rules for banks wanting to be fully Shariah compliant

Pakistan's central bank has issued guidelines covering how banks that want to be fully-fledged Shariah compliant can achieve that status,…

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Tariq Bajwa appointed as State Bank Governor

The federal government appointed Tariq Bajwa as the new governor of the State Bank of Pakistan (SBP). President Mamnoon Hussain…

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Govt sells Pakistan Security Printing Corporation to SBP

The federal government sold the Pakistan Security Printing Corporation (PSPC) to the State Bank of Pakistan for Rs100 billion. According…

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Oil slides as OPEC exports rise, prices end 8 days of gains

Oil prices tumbled about 4 percent on Wednesday, ending their longest string of daily gains in more than five years,…

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