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Pakistan records increase in mobile phone imports
Mobile phone imports in the country have registered 4.23 percent increase during year 2015-16 as compared to same period of…
IMF urges key G20 countries to spend more for growth
The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20…
Samsung sues Huawei in China for patent infringement
Tech giant Samsung Electronics Co Ltd (005930.KS) said on Friday it sued Huawei Technologies Co Ltd for patent infringements through…
Sri Lanka’s cash-strapped airline may lease four planes to PIA
Country’s cash-strapped national airline is in talks to lease four of its Airbus A330 planes to Pakistan International Airlines Corp,…
Britain’s unemployment rate dips to 11-year low
Britain’s unemployment rate dipped to 4.9 percent in the three months to May, the lowest level since 2005, official data…
Pakistan top emerging economy among South Asian markets AMC
Another international rating agency has reckoned Pakistan among the top emerging South Asian economies owing to continuity of policies and…
Oil prices up 1 percent after ninth weekly U.S. crude drawdown
Oil prices rose as much as 1 percent on Wednesday, lifting U.S. crude from two-month lows, after the U.S. government…
Oil prices edge up from two-month lows
Oil prices rose on bargain-buying in Asia on Wednesday after hitting two-month lows but gains were hobbled by concerns about…
Petroleum Ministry proposes reduction of Fuel prices by Rs.3/lit
The prices of petroleum products may be slashed as a federal petroleum ministry has proposed reduction in prices from August and summary…