Business
Business
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…
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…
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…
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…
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…
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…
Stand-off hampers economic growth
KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) believes that ongoing political stand-off in Islamabad and terrorist attack…
KSE ends week on low note
KARACHI: The strong rally built up over the week took a pause on Friday when the KSE-100 index settled lower…
Ethiopia is the new low cost home for manufacturing garments
ADDIS ABABA: As basic wages soar in China, low-end manufacturing is starting to shift to cheaper locations around the world,…