Business

Business

Dollar gains against Yen

The dollar edged back against the yen in Asian trade Thursday after surging to a near four-month high in US trade in…

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Microsoft under antitrust investigation in China

Microsoft said earlier yesterday it was under investigation by antitrust authorities in China, pledging to cooperate in the investigation. “We…

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Global business travel spending to hit record $1.18tr in current year

Global business travel spending will reach a record $1.18 trillion this year, up nearly 7 per cent from 2013, bolstered…

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Yukos international court ruling

An international court ordered Russia on Monday to pay Yukos shareholders a record $50 billion compensation over its seizure of…

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SBP releases Rs64bn cash to cope with Eid withdrawals

Eid spending turned into heavy withdrawal from banks which created a cash crunch in the banking system, forcing the Central…

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Stocks down by 160 points as bears rule the roost

Stocks were badly battered yesterday as investors ran for cover ahead of the long Eid holidays. The KSE-100 index declined…

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Prices of petrol, diesel unchanged for 3rd consecutive month

The government decided earlier yesterday to keep the prices of petrol and high speed diesel (HSD) unchanged for the third…

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Foreign investors’ concerns

More than a year into its tenure, the government has some positive progress to show for its time in power.…

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India raises foreign investment limit in Insurence sector to to 49%

The Indian government has decided to almost double the foreign investment limit in the insurance sector in an important piece…

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