Business

Benchmark KSE-100 index falls 113.95 points

Country has potential to export cattle to Saudi Arabia, says FPCCI

Local assemblers sold 31,585 units in July and August

Libya’s National Oil Corp says it will double production, adding to worries

Investment touched Rs7.2 trillion by the end of June 2016

Convention aims to curb tax evasion, federal cabinet has given approval

Apparently, the fuel being imported in Pakistan and also being produced by oil refineries is of the lowest grade

Company says a software update that will limit battery recharges to 60 per cent of capacity

Central bank exempts Islamic banks from interest-based benchmarks

IMF says it won’t give a penny unless it sees concrete plan to cut debt burden

Hang Seng index fell 3.4%, the worst performer in regional markets

SVP says this system has enormous potential, is growing at fast pace

We don’t want North Korean refugees flooding into China, a driver explains

Transaction part of Samsung’s efforts to concentrate on core business areas

US West Texas Intermediate fell 81 cents to $45.07, Brent fell 75 cents  to $47.26

Dubai-based joint venture sees business potential in the wake of Pakistan’s booming economy

Advances show considerable growth of 12.6%, touching Rs5.70tr in FY16 compared to Rs5.06tr in previous year

Negotiations on tariffs, duties and other hurdles to start soon

India and United States have 60 days to try to reach an agreement, after which a WTO panel may decide the case

Sale of the printing business and Lee's nomination were approved by the board

Would Steve Jobs approve of Apple’s current level of innovation zombification?

Shares in the firm -- South Korea's largest by value -- dived 7.11% on the Seoul stock market

SBP has taken a number of steps to improve authenticity of Islamic financial products

Says it would continue to serve riders, drivers of Macau

Focus on short-term political gains has caused structural problems

Country’s textile exports fell to $12.46b in FY16, down 7.42% compared to previous year

Proposal is to let public sector entity acquire/lay optic fibre infrastructure and sell onwards

Afghanistan’s warning to deny Pakistan access to Central Asia markets is not new

The European Commission last month ordered Apple to reimburse a record 13 billion euros

This partnership of Team Lahore Qalandars and Jazz is a step to compliment the true spirit of Pakistan Super League

Few Nigerians can escape the country’s economic troubles, includes Muslims preparing for Eid

Positive fundamentals meant bulls continued to dominate

Airlines around the world have warned passengers against using them on flights

Says negotiating trade deals a waste without exporters to fill market

NAVTTC introducing technical, vocational system reforms, training

Suggests potential markets and sectors to be tapped

Says approval for ordinance not taken from cabinet, violates judgment of SC

Will split two Sui gas companies into four distribution firms, no layoffs intended

Finance ministry says there has been remarkable increase in foreign exchange reserves

Non-interest income clocked up at Rs2.2 billion, 22.5% higher

Iranian ambassador says his country is ready to invest in CPEC

Bilateral trade will increase to $1 billion from existing $390 million

Project will lead to job creation, shared interests, lasting peace

PSO will also ask Gulf state to extend the time frame for oil import credit facility

Accepts proposal to disburse employees’ salary amounting to Rs760m

Benchmark KSE-100 index rises 203.30 points

Amount to $1.761b, however, two-month data conveys 3.2% drop compared to 2015

Applications of only 16,951 people out of 71,644 were approved by June 30, 2016

Exports continue to fall amid concerns of tougher challenges ahead for the country

Twitter has been the subject of takeover rumors for months