Business

Bank says it will scrap global equities operations and cut some in fixed income

Data of 500,000 customers was stolen from its website last year

US-China trade war has dampened prospects for global economic growth and oil demand

Benchmark index decreases 1.31% to settle at 33,742.68

The stolen data comprised customer names, postal addresses, email addresses and credit card information

Tribal industrialists urge govt to reconsider the decision to eliminate tax-free zone

Export potential is much higher provided adequate facilities are given, infestation is checked

Country’s per hour productivity has marginally improved from 1970 to 2015

Currency depreciation can attract foreign investors if they benefit from cheaper production costs

It can make use of available solar energy for improving socio-economic conditions

US and Chinese officials are working to schedule top-level trade talks by telephone next week

There is a need for developing policies to boost exports instead of borrowing funds from the State Bank of Pakistan

KSE-100 index closes higher by 288 points to settle at 34,190

Turkish president wants lower rates to kick-start the economy

With increasing need, mobile network operators outsource towers

Lagarde’s nomination as ECB chief raises question of who will replace her at IMF

Businessmen ask govt to withdraw anti-business budget

Efforts afoot to ensure competitiveness of Pakistani products

FBR chief insists steps being taken to stop these kinds of trade misconduct

NEPRA report says they also failed to recover Rs78b in consumer bills

Benchmark index decreases 380.60 points or 1.10% to settle at 34,190.02

Will administer two $100m loans to finance project’s civil works, equipment costs

Using new technologies and strategies for geospatial data, Punjab can exploit alternative information sources

Official says improving image of country in international market has garnered investor interest

It will secure thousands of jobs in major boost to post-Brexit Britain

Move aimed at stemming supply to Afghanistan

Recent recovery in currency was seen on expectations of increase in supply

Claims increasing gas rates was never a demand of IMF

Decides to transfer 2,500 officials to break criminal nexus; achieve uphill tax collection target

Chinese quarantine experts and govt officials visit G-B, express satisfaction over quality of Pakistani cherry

ADB hopes the project will enhance access to quality public transport for people in Pakistan’s most populated city

Urges establishment of barter trade mechanism to ramp up ties

Prices rise as companies pass impact of new taxes on to customers

Cement industry contributed Rs110 billion to the national exchequer in the last fiscal year

Cumulatively, the rupee has depreciated almost 49% since December 2017

Behbood certificates, meant for pensioners and families of martyrs, will have profit rate of 14.76%

Says gratuity, PF and leave encashment are not liability of federal government

Decision violates law which binds authorities to approve only financially viable schemes

FBR has not issued any notice to people who have offshore accounts after Jan

Financial institution will assist in all stages of development schemes, from conceptualisation to its financial close

Finance adviser says 100,000 non-filers added to tax net with amnesty scheme

Decrease comes on account of external debt servicing and other official payments

Markets remain unmoved by detention of supertanker by British Royal Marines in Gibraltar

Benchmark index decreases 0.93% to settle at 34,570.62

Hafeez Shaikh says nearly 137,000 people registered at the closure of the amnesty this week

Pakistan is preparing for the sale of Eurobonds, Sukuk and Chinese Renminbi bonds

Plan to engage in Islamabad IT SEZ project as a public-private partnership

PM aide calls relief to farmers, working relationship with industry top priority

EU leaders choose France’s Lagarde as next ECB chief; euro zone bond yields hit record lows

Former UK govt official says planning for no-deal is like preparing for crisis