Business

Business

$1.25/day not enough for minimum welfare: ADB

A new report from the Asian Development Bank says that the $1.25 per day measures do not fully capture the…

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ECB hemmed in by its own plans

The European Central Bank is in a policy no man’s land, bombarded by news of a stagnating eurozone economy but…

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Czech Republic’s launches Bitcoin-style currency

The Czech Republic launched its answer to Bitcoin on Tuesday when new virtual currency CzechCrownCoin started trading. “Early this afternoon…

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Bears rampage all over KSE due to political deadlock

Stocks took a sharp plunge on Tuesday as the KSE-100 index fell 222.03 points or 0.77 per cent to close…

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SME financing improves amid low default

The small and medium enterprises (SMEs) have shown significant improvement over the last two years in utilisation of bank loans…

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Dollar rises to Rs101 mark

The US dollar rose 70 paisas in the inter-bank market on Wednesday after which it touched the Rs101.10 mark. The…

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NBP profit rises up to Rs8.1bn

The National Bank of Pakistan (NBP) earned a whopping after-tax profit of Rs8.1 billion during the first half (January-June) of…

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Supply of goods starts stabilizing

The supply of goods to and from Karachi has normalised to some extent after having remained disturbed in the last…

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Import and export of Services industry decline in outgoing fiscal year

Export of services witnessed a decline of over 21 per cent in the outgoing fiscal year (2013-14) from a year…

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