Business

Business

Floods may cause immense loss to economy

The brokerage houses that keep their eyes on corporate earnings have made reports on the scale of potential damage that…

1 Min Read

IMF sees world growth at just over 3%

The head of the International Monetary Fund yesterday hinted that the global lender could downgrade its forecast for world economic…

1 Min Read

Political unrest will hit Hong Kong economy: Moody’s

Ratings agency Moody’s warned yesterday that  prolonged discord in Hong Kong over China’s refusal to grant the key financial hub…

1 Min Read

China trade surplus hits record $49.8bn

China’s trade surplus surged to a record $49.8 billion in August, figures showed Monday, as imports saw a surprising fall…

1 Min Read

Stocks rally 71 points on foreign buying

Stocks moved aggressively forward in the face of several pressing problems confronting the country and the economy. On Monday, the…

1 Min Read

Changes likely in gas allocation policy

The government is considering reallocating about 1.2 billion cubic feet per day (BCFD) of the fuel through wide-ranging changes in…

1 Min Read

Cattle rates drop after flood alert

Rates in cattle markets of Sher Shah, Kot Addu and Chowk Munda yesterday  registered a sharp decline after a number…

1 Min Read

Turmoil may disrupt IMF disbursement

KARACHI: Moody’s, the credit rating agency, said in a report on Friday that Pakistan’s political turmoil could disrupt its relations…

2 Min Read

Britain eases rules for foreign bank branches

LONDON: Foreign banks can operate as branches in Britain but only if they hold minimal deposits and meet other safeguards…

1 Min Read