Business

UK inflation turns negative for first time since 1960

LONDON: British inflation sank into negative territory last month for the first time in more… Read More

EAC overviews budget making process for FY 2015-16

ISLAMABAD: Federal Finance Minister Ishaq Dar has said that Pakistan would not be able to… Read More

World Bank pledges $5 billion to improve education in poor nations

NEW YORK: The World Bank unveiled plans on Monday to double its investment in public… Read More

KSE 100-Index slumps by 153.13pts

KARACHI: Karachi Stock Exchange (KSE) fell on Monday ahead of the announcement of the annual… Read More

KSE 100-Index drops 64.54pts

KARACHI: Karachi Stock Exchange (KSE) closed lower on Friday as investors awaited a monetary policy announcement this… Read More

IDB puts Islamic finance on AIIB drawing board

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the… Read More

HSBC subsidiary announces sale of 10pc stake in Chinese bank

HONG KONG: Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on… Read More

ADB to finance $6bn in Pakistan infrastructure projects

KARACHI: The Asian Development Bank (ADB) on Tuesday approved a $6 billion loan to help… Read More

KSE 100-Index falls by 1023.94pts

KARACHI: Karachi Stock Exchange (KSE) on Monday witnessed huge decline with certain rumors keep on… Read More

Private Indian banker named first BRICS bank head

NEW DELHI: Indian private banker K.V Kamath was named Monday as the first head of… Read More

Japan’s Toyota, Mazda eye green alliance: report

TOKYO: Japanese automakers Toyota and Mazda are considering a comprehensive tie-up in environmentally-friendly technology amid… Read More

KSE 100-Index lower as oil prices dip; rupee strengthens

KARACHI: Karachi Stock Exchange (KSE) closed slightly lower on Friday, as market heavyweights in the energy… Read More

Govt approves KASB merger with BankIslami

ISLAMABAD: The Federal Government has approved the scheme of amalgamation of the KASB Bank Limited… Read More

LNG import price to be finalized soon: minister

ISLAMABAD: Petroleum Minister Shahid Khaqan Abbassi has said that import price of Liquefied Natural Gas… Read More

S&P raises Pakistan’s outlook, forecasts higher growth

KARACHI: Standard and Poor's ( S&P) on Tuesday revised Pakistan's credit rating outlook from stable… Read More

Pakistan, Azerbaijan agree to maintain close contacts in all international forums

BAKU: Federal Finance Minister Ishaq Dar called on Tuesday called on Foreign Minister of Azerbaijan… Read More

EU eyes McDonald’s tax probe: official

The EU may probe sweetheart tax deals that US fast food icon McDonald's allegedly agreed… Read More

Siemens, Philips, GE units in China bribery probe: report

BEIJING: Chinese regulators are investigating units of foreign medical device companies including Germany's Siemens, Dutch… Read More

Global tablet sales continue to slump

SAN FRANCISCO: Figures released on Thursday by International Data Corporation showed that the global tablet… Read More

Islamic loan books shift towards profit-sharing in Indonesia, Pakistan

JAKARTA/ISLAMABAD: The make-up of Islamic banks' loan books is changing in Pakistan and Indonesia with… Read More