Business

Many Zimbabweans have seen their savings evaporate and still struggle to afford basic commodities

Only 1.2% of allocation released for civilian hospitals, 37% for poor

The roundabout has been restored as part of the bank’s commitment to beautify Karachi

Restructuring indexes Alibaba, Xiaomi to join Hang Seng

Lockdowns across globe push many countries into deep recession

Board's term had ended in 2015; earlier efforts went in vain

Joint centre will boost yield to improve domestic food security and supplement export

Total motorcycle sales stood at 300,000 units in July 2020

Will soon kick-start construction of 30-40 buildings in Karachi

Washington and Beijing’s January deal represented partial truce in their trade war

Supreme Court’s GIDC verdict, political concerns keep investors wary

Traders given weak lead from Wall Street where stimulus struggle trumped improved data

Companies report expansion in employee base due to rise in volumetric sales

Approvals granted for AIIC, Bostan and Hub

IMF has asked Pakistan to end state control of the rupee

Committee refers two zone applications for board’s approval

Auto parts maker asks govt to hike duty on imported electric vehicles to 50%

Aims to enhance outreach of companies to wider customer base

Analysts expect low interest rate, improving economic cues to boost car demand

Cabinet body reviews progress on ongoing projects and discusses future plan

Washington says bloc has not done enough but signals willingness to find solution

Eases policy for gas supply schemes to be executed under SDG programme

Central bank attributes decrease to govt’s external debt repayment

Benchmark KSE-100 index falls 182.44 points to settle at 40,290.74

IEA says reduced air travel will cut global oil consumption by 8.1m bpd

ECC approves $105 million bailout package for Roosevelt Hotel in New York

This marks the beginning of a new era in Pakistan’s automobile industry

Turkey’s lira took another 1.5% pounding, China reports a weaker-than-expected loan growth

Earlier, the SBP let rupee depreciate massively in the inter-bank market

GDP contracts by 20.4% in period from April to June

Decline steeper than govt’s post-Covid-19 estimate

Official says Chinese farmers unable to match pace with growing demand

Global agency confirms B3 long-term local currency rating for 5 banks

Finance ministry releases summary of federal, provincial fiscal operations in FY20

SSGC advised to revisit LPG deal with JJVL

Business Optimism Index slips on back of decline in demand, business disruptions

This is second listing for FY21 despite challenges due to Covid-19

Four new companies will be set up to oversee different functions of Pakistan Railways

SAPM says false impression has been created that Saudi Arabia refused to extend pact

Gold has wild day; Turkish lira takes another pounding

Stalemate in talks for US stimulus package may weigh on crude prices

Benchmark KSE-100 index slips 85.97 points to settle at 40,473.18

Pakistan beats IMF forecast of Rs3.9tr or 9.2% of GDP

New environment protection rules, regulations up for public consultation

Benchmark KSE-100 index rises 1.61% to settle at 40,559.15

Experts say FBR has potential to help exporters in current difficult times

Says Cairo is keen to further enhance bilateral ties, tap export potential

Rupee-linked bond issue will be equivalent to $200m with minimum 2-year maturity

Lower interest rate, easing lockdown helps boost sales on month-on-month basis

Exporters adopted alternate strategies to overcome hurdles amid pandemic