Business

Gloomy quarterly earnings reports, historic plunge in prices raise spectre of deep global recession

Appreciation was seen after international oil traded negative on May futures

Planning minister says move will help avoid allegations of protecting govt’s vested interests

Is working on proposal to make amendment through finance bill

Banks will deduct zakat from accounts on first Ramazan

Session had continued for 195 seconds beyond scheduled closing

Japan reported its exports fell almost 12% in March from a year earlier, with shipments to the US down over 16%

Decline comes on back of lower sales volume

Company registers quarterly loss of Rs210m due to dip in gross profit

China remains largest investor; power sector attracts highest investment

Chinese official makes comments as Covid-19 roils supply chains

It leaves behind other provinces with average monthly income of Rs42,861

IMF resident representative says inflation will remain in double digits this year

Physical demand for crude dried up, creating a global supply glut

Benchmark index rises 667.82 points to settle at 33,499.65

Readings on April manufacturing globally are expected to show recession-like data

US crude futures contract hits lowest level since 1999

Urge CJP to instruct provincial govts to allow business activity to resume

Extreme crisis can be managed through astute planning by govt

They will create massive job opportunities, forge industrial linkages

Test for prime minister how he handles situation in face of all odds

It will spur socio-economic growth, help address unemployment challenge

Success in talks will ease some burden from consumers and government

We won’t permit the govt to commit the economic murder of a few businesses in the name of lockdown

USC announces a new set of rates for the holy month of Ramazan

Businesses in the same category will open on same day for eight hours twice a week

SOPs have been issued for buying, selling and general sanitation of the harbour

Any aider, abettor, beneficiary or agent running the network will be brought within the ambit of law

Ministry of Finance says State Bank of Pakistan ‘facilitated speculative behaviour’ of commercial banks

Fall comes as people are unable to visit doctors due to lockdown

Audit committee on power recommendations aim to meet cost of circular debt

Traders body official says no definition for “stock” provided

Many face bitter choice between risking infection and economic ruin

Despite Pakistan govts' orders to retain employees, many have been laid off

Aims to support cash reserves as coronavirus pummels sales and production

KSE-100 Index gains nearly 800 points in outgoing week as investors renew interest

Step taken to stave off takeovers by Chinese firms during coronavirus outbreak

Pakistani businessmen say PTI govt's decisions will open new avenues of investment, create employment

Operation guidelines will be submitted to CM Murad for approval on Sunday

Investments from an entity in a country that shares a land border with India will require government approval

As global coronavirus cases exceed 2.2 million

Ex-finance secretary Wajid Rana to head commission; no deadline fixed for recommendations

Pakistan eases curbs on construction sector to protect earnings, jobs

Says govt should focus on supporting traders to ensure survival

Technology will help lift travel, tourism industry in long run

Companies stress need for learning from pandemic to draft future strategies

Seeds estimated to be planted on 33,333 hectares of land

Turkmenistan aims to achieve financial close of project in Nov

World Bank insists they will also need to support debt relief for poorest nations

IMF says balance of payments situation may worsen due to economic shocks