Business

Sitara Peroxide, a manufacturer of hydrogen peroxide, said its management has decided to extend the shutdown of the plant for 10 more days. The company, in a notice to the...

UAE-based Al-Futtaim Group has invested Rs2 billion to digitally transform and overhaul the IT infrastructure of its subsidiary Al-Ghazi Tractors, one of Pakistan’s largest agricultural equipment manufacturers. In a statement,...

MOSCOW (Web Desk) - The Russian rouble opened on a steady footing in early trading in Moscow on Monday, hovering close to a nine-month low against the US dollar following...

BEIJING: New home sales in 16 Chinese cities rose for the second straight week with a surge in transactions in the biggest cities, as sentiment continued to improve after Beijing...

ISLAMABAD - The World Bank (WB) on Friday said that Pakistan’s economy could grow sustainably only if the country introduced “productivity-enhancing reforms that facilitate a better allocation of resources and...

LONDON: Pakistan’s government bonds slumped on Friday after the country’s bailout talks with the International Monetary Fund ended without an agreement. The country’s bond due for repayment the soonest, in...

The International Monetary Fund (IMF) issued a short four-paragraph statement at the conclusion of its mission’s 10-day visit to Islamabad, stressing that while it welcomes the commitment, “timely and decisive...

KARACHI - The Pakistani rupee continued to appreciate against the US dollar for the second consecutive day on Thursday. The local currency was being traded at Rs270.50 per dollar in...

SINGAPORE (Reuters) - Oil prices were broadly steady on Thursday as the prospect of higher fuel demand in China as it reopens post-COVID curbs was offset by fears that U.S....

China's economic recovery is expected to take the lead globally in 2023, recent surveys by CGTN showed. One poll indicates that 78.34 percent of the global respondents believe that China has...