Business

Karachi stocks end higher; rupee weakens

KARACHI: Karachi Stock index ended higher on Monday, buoyed by banking stocks after remaining under… Read More

Meezan Bank signs agreement to acquire HSBC Bank Oman

KARACHI: Karachi-based Meezan Bank Ltd has signed an arrangement with the Pakistani unit of HSBC… Read More

China’s Silk Road fund eyes listings among exit strategies – CEO

BEIJING: China's $40 billion 'Silk Road' infrastructure fund will explore market listings and government transfers… Read More

Nestle chief trying to restore firm’s image after Maggi ban

GENEVA: Nestle chief Paul Bulcke says he has drawn the lessons from India's shock ban… Read More

Honda reports eighth death in exploding airbag crisis

TOKYO: Japanese automaker Honda on Monday confirmed a new death linked to an exploding air… Read More

Qatar vast gas reserves ‘to last 138 years’

DOHA: Qatar's gas reserves are so vast it can maintain production at current rates for… Read More

Workers’ remittances rise by 16pc during first 11 months of FY15

ISLAMABAD: Workers’ remittances rise 16 percent during to first eleven months of Fiscal Year 2014-15,… Read More

Rapid groundwater depletion threatens Pakistan food security: officials

PAKPATTAN: Until recently, Ghulam Mustafa made a living growing sugarcane, rice, barley and wheat on his… Read More

Gulf expat workers send home $100 billion: report

KUWAIT CITY: Foreigners working in the energy-rich Arab states of the Gulf sent more than… Read More

Govt. spends 0.42pc of its GDP on health care services as compare to 0.69pc previous year

ISLAMABAD: Better health and healthy living environment contribute to the improvement of family life, human… Read More

MQM appeals traders to resume business activities

KARACHI: The Mutahidda Qaumi Movement has appealed traders and transporters across Karachi resume their activities,… Read More

European oil companies rattle coal with call for fee on carbon emissions

Europe's oil and gas companies took direct aim at the coal industry Monday, calling upon… Read More

Are watermills in Kashmir a solution to Pakistan’s energy crisis?

Arshad Rashid thinks he has an answer to his country's energy shortages. Read More

K-electric sells country’s largest corporate sukuk

KARACHI: Karachi-based utility K-Electric has sold 22 billion rupee ($215.9 million) worth of seven-year Islamic… Read More

Govt not to ignore agriculture sector in upcoming budget: Dar

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar on Tuesday  said that government during the last two… Read More

UAE banks discuss plan for centralised Islamic finance board

ABU DHABI: The United Arab Emirates' bank industry association has discussed a proposal to create… Read More

Islamic financial products risk losing uniqueness

KARACHI: Islamic finance continues to expand globally but the industry risks losing its differentation from… Read More

Gunvor, Vitol place lowest offers for Pakistan gasoline tender

SINGAPORE: Oil traders Gunvor and Vitol placed the lowest offers for a tender by Pakistan… Read More

KSE 100-Index drop on gas tax; rupee steady

KARACHI: Karachi Stock Exchange (KSE) closed lower on Wednesday, falling after news that parliament had approved… Read More

KSE 100-Index ends lower

KARACHI: Karachi Stock Exchange (KSE) closed lower on Tuesday with the KSE 100-share index closing 0.48… Read More