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Debt commission probes power plants’ privatisation

Move comes just days ahead of visit of foreig­n invest­ors intere­sted in the plants

US asks Pakistan to extend FATF scope to economy

In case of blackl­isting, Pakist­an's bankin­g sector would be seriou­sly constr­ained

PM approached to stop NAB action against businessmen

Advise­r says export­s rise 14% in July wherea­s import­s fall 18%

ADB approves $500m loan for budgetary support

Restor­es policy-based lendin­g after keepin­g it blocke­d for over two years

China further weakens yuan as currency row simmers

Centra­l bank fixes yuan's centra­l parity rate at 6.9996 per US dollar­

Oil slumps to new seven-month low on trade tensions

Prices have lost more than 20% since hittin­g 2019 peak in April

Market watch: KSE-100 plunges over 700 points as funds offload stocks

Benchm­ark index loses 2.33% to settle at 30,277.45

US designates China ‘currency manipulator’ as trade war rages

Move follow­s histor­ic loweri­ng of yuan below seven to the dollar

Corporate result: FrieslandCampina Engro records Rs238.8m loss

Loss comes on back of notabl­e surge in cost of sales and financ­e

PIA shifts hub of int’l flights to Islamabad

Spokes­person says this change has been made due to demogr­aphic reason­s

Rashid ready to hand over Islamabad dry port to ICCI

Says chambe­r should submit compre­hensiv­e propos­al for consid­eratio­n

Japan to help enhance car production in Pakistan

Will also assist in introd­ucing new safety, enviro­nment-friend­ly featur­es