Business

Following reports that China had agreed to immediately lend $2 billion to Pakistan, the rupee appreciated

High sales, lower tax rate contribute to increase in profit

It earns significantly lower income from associated firms

Earnings posted by Attock Refinery dip 81%, while Attock Petroleum’s jump 7%

Will also set up a small hydroelectric power project at the dam

Trade centre aims at promote joint business activities between China and Pakistan

APG calls for giving offence monitoring powers to SECP, NAB

It will present case to incoming govt for reversing decision on EDB shutdown

Negotiations continued for three years before reaching the deal

It was largely due to last govt’s expansionary fiscal policies and failure to reform tax administration

Wide-range of mango delicacies such as milk-shake, lassi, ice cream, salad served, made of fresh Pakistani mangoes

Benchmark index decreases 191 points to settle at 42,446.56

Incoming govt will face daunting task of paying billions in capacity charges

Bilateral relations plummet sending Turkish lira into free fall against dollar

Pakistan, with more than 58 million fixed and mobile broadband users, is providing affordable internet services

More European companies have cancelled plans in Iran

The euro recovered on Tuesday from earlier losses linked to the collapse of the Turkish lira

Indian rupee hit a record low of 70 to the dollar on Tuesday as emerging market currencies

Foreign minister says Moscow has been using national currencies to settle bilateral trade deals

Telenor CEO says growth exists in e-commerce and digital payments segment

Bajwa calls for providing funds to SMEs, agriculture and low-cost housing units

Incoming PTI govt may appoint FBR chief from private sector to improve revenue

PM-in-waiting lauds 'effective' anti-corruption campaign initiated under Prince Mohammed

Foreign minister says Moscow has been using national currencies to settle bilateral trade deals

Last unit was synchronised with national grid on Monday

If the United States have the iPhone, there's Samsung on the other side, says Erdogan

The Indian rupee has been on a downward spiral throughout 2018 after starting the year at 63.67

President of Pakistan, Mamnoon Hussain, distributed the awards at a ceremony held at the Sindh Governor House

The demand comes in a bid to promote local industry and generate employment

Board recommends cash dividend of Rs5 per share, 20% bonus shares

SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange

The new index to be implemented with effect from September 14

PHMA fears cancellation of export orders and decrease in shipments

Initial test confirms presence of commercial quantities of hydrocarbons

Will have to pay damages of millions of dollars to Pakistan-US joint venture

Up 0.31% year-on-year, imports amount to $4.838b during the month

Benchmark index decreases 0.48% to settle at 42,637.59

Will import CBUs from next month; dealers expect it to be priced between Rs3.8m and Rs4.8m

Report says Beijing will lend money to 'overcome crunch on foreign payments'

The dispute between the two NATO allies reached new intensity over the detention of an American pastor in Turkey

Road to Naya Pakistan passes through entrepreneurship and innovation

This will allow the country reduce reliance on global lenders and external loans

All parties must arrive at consensus on undertaking governance reforms

Bar on local players from participating in CPEC projects dented govt’s relations with special interest groups

Lender usually follows carrot and stick formula and its conditions are almost universal in nature

Software’s link is frequently down and passengers have to wait in queues for hours

Shikun & Binui, Israel's largest construction firm, are being questioned by police

Beijing's retaliatory tariffs on US pork, beef are making them prohibitively expensive

M-wallet’s share in Rs21b worth of branchless banking transactions expands to 71%

Citizens complain of exorbitant rates, demand govt enforce price regulatory mechanism