Business

Pakistan issues sukuk rules as corporate issuance revives

ISLAMABAD: Pakistan's capital market regulator has published long-awaited rules for the issuance of sukuk, or… Read More

MQM urges calm to supporters

KARACHI: Rabita Committee of Muttahida Qaumi Movement (MQM) has appealed its supporters to remain peaceful… Read More

China to have most robots in world by 2017

FRANKFURT: China will have more robots operating in its production plants by 2017 than any… Read More

Oil extends gains, euro recovers on ECB assurances

HONG KONG: Oil prices extended their gains on Friday at the end of a volatile… Read More

Twitter revenue nearly doubles, user growth misses mark

SAN FRANCISCO: Twitter on Thursday reported its revenue nearly doubled in the final three months… Read More

SBP amends license renewal conditions of exchange companies

ISLAMABAD: State Bank of Pakistan (SBP) on Wednesday amended the license renewal conditions for money… Read More

Credit guarantees look to widen Islamic finance landscape

ISLAMABAD: Credit guarantees are gaining traction in Islamic finance, helping a wider range of firms… Read More

Government seeks settlement with Etisalat in $800mn dispute

ISLAMABAD: Pakistan estimates 34 properties due to Etisalat are worth $92 million, a government official… Read More

K-electric eyes 7-year tenor for largest corporate sukuk

KARACHI: K-Electric will test a seven year tenor for its latest Islamic bond, a 22… Read More

Tokyo stocks slip 0.27% by break

TOKYO: Tokyo stocks slipped 0.27 percent on Tuesday morning as a pick-up in the yen… Read More

Falling fuel prices fail to fall inflation

KARACHI: Regardless of declining trend in petroleum prices, the inflation rate during month of January… Read More

Tokyo stocks down 0.54% by break

TOKYO: Tokyo stocks lost 0.54 percent Monday morning, weighed down by a strong yen and… Read More

PR starts operating special cargo train

ISLAMABAD: For the first time in the history of Pakistan Railway (PR), a cargo train… Read More

Google quarterly profit up 41%

SAN FRANCISCO: Google on Thursday reported that its profit in the recently ended quarter jumped,… Read More

KSE 100-Index recovers a bit

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Thursday recorded the increase of 21.87 points, ARY News… Read More

OGRA proposes cut of Rs. 10.75/ltr for petrol

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Thursday proposed to reduce petrol rates by… Read More

SBP warns Islamic banks to be more equitable

ISLAMABAD: Governor of State Bank of Pakistan (SBP) Ashraf Mahmood Wathra has urged the country's Islamic… Read More

Asian markets fall on back of US declines

HONG KONG: Asian stock markets mostly fell on Thursday, largely on the back of declines… Read More

Tokyo stocks down 0.12% by break

TOKYO: Tokyo stocks slipped 0.12 percent on Thursday morning, after Wall Street finished sharply lower and… Read More

'2014 proved profitable for Facebook'

SAN FRANCISCO: Facebook on Wednesday reported that its quarterly profit jumped 33.8 percent from last… Read More