Business

Officials say lockdown in foreign countries may impact supply of raw material to Pakistan

Expect higher oil imports, low demand in wake of coronavirus pandemic

Big businesses bearing the brunt of very high interest rate

Deficit contracts to $2.84b mainly due to significant drop in imports

Decline comes on back of overall slowdown in economy

Move aimed at reducing need to visit bank branches or ATMs

Industries ministry withdraws summary for import of 300,000 tons of sweetener

STOXX 600 index sinks 4.6% and goes back towards near seven-year lows

Plunge comes as fuel demand darkens with travel, social lockdowns

Benchmark index loses 6.75% to close at 30,416.05

Federal cabinet approves 3% GDP growth target, inflation target set at 8.4% for FY21

Petroleum Division engages in consultation to cut UFG level, return on assets for gas utilities

Exporters ask govt to come up with supportive measures on a war footing

Airline drafts three scenarios to assess impact of coronavirus

Funds will enhance capacity of resources-deficient public hospitals and labs

Emergency central bank rate cuts globally have only added to investor panic

Move comes after some bourses around the world closed trading floors or paused trade

Factory closures around the world will interrupt deliveries of parts needed to keep car production going

Move in line with expectations due to low inflation outlook, combating virus impact on economy

Benchmark index loses 1,067 points to close at 32,616.93

US, other countries plan to take advantage of low oil prices to fill storage tanks

Lender agrees that spending on coronavirus not to be counted for budget deficit target purposes

In total, committee gave go-ahead to six projects worth Rs101 billion

Jump comes on back of inflows into telecom sector due to licence renewal fee

Fee will come down if hurdles to import by private sector are removed

Precious metal closes at Rs89,000 per tola

It will be in backdrop of low inflation outlook, coronavirus fears

Cut in interest rates by Fed adds to alarm while traders worry pandemic is paralysing supply chains

Investors dump hard assets in favour of cash after US rate cut failed to stem coronavirus-led sell-off

Main European bourses plunge nearly 8% in brutal opening trade

Borrowing rate cut to a range of 0-0.25%, where it was during the 2008 global financial crisis

Emergency rate cuts by US Federal Reserve, global counterparts fail to tame markets

With growing concerns that the world will be catapulted into a damaging recession

KSE-100 dives 2,376 points amid plunge in global markets, growing pandemic fears

Air pollution is enough reason to embark on path to change that will save lives

India is pressing Qatar to renegotiate LNG prices, which may benefit Pakistan as well

Nexus between politics, sugar industry makes this sector one of the most profitable businesses

Investors will anxiously watch for coordinated response to fight global health crisis

In developed economy, no quick bucks will be made and elite culture will diminish

The current market volatility in Pakistan is externally driven, says SBP Governor Reza Baqir

foreign investors would return to domestic debt market once world successfully overcomes spread of the coronavirus

Provincial govt plans to launch Rs6b project to promote mechanisation of agriculture sector

Alarm wipes trillions from Asian stocks, send futures for European and US markets plunging

SBP says Islamabad prefers short-term loans, which seems contrary to facts

KSE-100 dives 2,159 points or 5.65% to finish at 36,061

Hotel booking rate dive from 95% to 40% by first week of March

Advisories came after an IMF employee was diagnosed with COVID-19

Corporate, income tax collection for this fiscal year is set to fall for first time in at least two decades

Amid the country's weakest economic growth in over six years

Treasury chief says Trump likely to consider exemptions for small businesses