Business

Bank Islami awaits final approval for 4.3bln rupee share issue

ISLAMABAD: Bank Islami Pakistan, the country's second largest full-fledged Islamic bank, is awaiting final regulatory… Read More

Smartphone expansion cooling, prices dropping: survey

WASHINGTON: The global smartphone market will see cooler growth in the next few years, amid… Read More

KSE 100-Index advances by 101.74pts

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Monday recorded the increase of 101.74 points, ARY… Read More

Islamic finance body IIFM to develop trade, corporate finance contracts

MANAMA: The Bahrain-based International Islamic Financial Market (IIFM) will develop contract templates for sharia-compliant corporate… Read More

Petrol to be sold at Rs. 84.53/ltr from December 1

ISLAMABAD: Prime Minister Mian Mohammad Nawaz Sharif on Saturday approved the decrease in petroleum prices… Read More

Meezan Bank studies purchase of HSBC Bank Oman's Pakistani unit

KARACHI: Karachi-based Meezan Bank Ltd has received regulatory approval to study the acquisition of the… Read More

Oil slumps to four-year low as OPEC shuns output cut

LONDON: Oil hit four-year lows around $70 a barrel on Thursday and commodity currencies were… Read More

KSE 100-Index falls by 184.37pts

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Thursday witnessed the decline of 184.37 points, ARY… Read More

Oil extends losses ahead of key OPEC meeting

SINGAPORE: Oil prices retreated further in Asia Thursday on expectations the OPEC cartel will keep… Read More

Tokyo stocks fall 0.29% by break

TOKYO: Tokyo stocks were down 0.29 percent Thursday morning as a stronger yen took the… Read More

HP fourth-quarter revenue drops on weak enterprise demand

Hewlett-Packard Co (HP) said its quarterly revenue fell in almost every business segment over the year,… Read More

Pakistan is all set for 'Heimtextil' trade fair in Frankfurt

KARACHI/FRANKFURT: Pakistan has become one of the top participant of Heimtextilt - the biggest international… Read More

KSE 100-Index lowers by 93.22pts

KARACHI: Karachi Stock Exchange recorded the downward turn on second working day as KSE 100-Index… Read More

Pakistan opens books on five-year US dollar benchmark sukuk

LONDON: The Islamic Republic of Pakistan has opened books on a five-year US dollar benchmark… Read More

Tokyo stocks up 0.38% by break

TOKYO: Tokyo stocks rose 0.38 percent on Tuesday morning after another record close on Wall… Read More

Oil prices lower as hopes dim for OPEC output cut

SINGAPORE: Oil prices edged lower in Asia Tuesday as dealers bet that the OPEC cartel… Read More

Denmark is world's most connected country: study

GENEVA: Denmark has overtaken South Korea as the world's top country for cellphone and Internet… Read More

KSE 100-Index slumps by 177.88pts

KARACHI: Karachi Stock Exchange on Monday recorded a decrease of 177.88 points, ARY News reported. Read More

Pakistan picks banks to hold dollar sukuk roadshows

ISLAMABAD: Pakistan has mandated four banks to arrange fixed income investor meetings started Monday ahead… Read More

India approves $2.6 billion mounted gun purchase: official

NEW DELHI: India approved on Saturday the purchase of 814 mounted gun systems for the… Read More