ECC approves imports of sugar, cotton from India
Finance Minister Hammad Azhar confirmed on Wednesday that the Economic Coordination Committee ECC allowed the private sector to import 0.5...
KSE-100 index gains 588 points as shares rise at PSX
On Wednesday, shares at the Pakistan stock exchange were on rise since the beginning, with the benchmark KSE-100 index up...
IMF issues third loan tranche of nearly $500m to Pakistan
Pakistan Received the third tranche of around $500 million from the International Monetary Fund's (IMF) loan program, a week after...
Rupee continues hike against US Dollar
The value of the rupee rising against the US dollar continuously with the upsurge of 49 paise on Wednesday as...
ADB to give $300M to Pakistan for 300MW hydropower plant
On Tuesday, The Asian Development Bank announced that it will be extending Pakistan a $300 million loan to finance the...
Hyundai postpones South Korean production
On Tuesday, South Korea’s Hyundai Motor Co said it would suspend production at its Ulsan No.1 plant in South Korea...
PayPal introduces Crypto checkout service
On Tuesday, PayPal will announce that it has started allowing US consumers to use their cryptocurrency holdings to pay at...
Credit Suisse and Nomura struck deep at hedge fund
Major global banks could be hit with billions of dollars in losses after US investment firm Archegos Capital was forced...
Archegos Capital: widespread chaos on wall street
The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much...
Net-profit deluge surpasses $1 billion; 8MFY21
The outflow of profits and dividends on foreign investment crossed $1 billion during the first eight months of the current...