Business

US wants World Trade Organisation dispute system fixed by 2024

GENEVA: The United States is entering a third phase of talks with countries to reform the World Trade Organization’s (WTO) hobbled trade dispute arbitration system and a...

Default fears still loom but risks reduced: Ismail

KARACHI: There is uncertainty at moment along with probability of Pakistan going into default, odds of which have spiked since country drifted away from negotiations with Inte...

Oil prices advance on us growth, chinese recovery hope

London: Oil prices edged ahead for second session buoyed by stronger-than-expected US economic growth and hopes of rapid recovery in Chinese demand as Covid-19 cases and death...

Event in honour of Turkish trade team at HMR Waterfront

KARACHI: Haji Rafiq Pardesi Chairman HMR Group organised an event in honour of visiting Turkish trade delegation at HMR Waterfront here. Chief Guest Cemal Sangu Consul General...

KSE-100 sheds 396pts owing to economic uncertainty

Karachi: Pakistan Stock Exchange (PSX) KSE-1000 index closed in red as KSE-100 Index dropped nearly 1 percent owing to weak investor sentiment. Weakening macroeconomic cues an...

Rupee nosedives, value stays to 268.30 versus dollar

Karachi: Rupee battered unabated by dollar as domestic unit plunged by fresh 4.78 percent (or Rs 8.87) to new all-time low of Rs 268.30 against dollar in interbank market. Rup...

Miftah says Dar’s attempts to run economy without IMF harmed Pakistan

Islamabad: Pakistan Muslim League-Nawaz leader Miftah Ismail slammed Finance Minister Ishaq Dar on doubting his ability to keep economy afloat. “I don’t know why D...

Dollar reaches all-time high in interbank, trades at Rs255

KARACHI: Domestic unit took an enormous blow in interbank market during intraday trade as it depreciated by more than Rs 24, day after lifting of unofficial cap in open market...

Pak-Russia to sign low-cost oil accord in March: Musadik

ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik said Pakistan would sign an agreement with Russia in March to get inexpensive crude oil besides ‘Holistic ene...

‘IT policies hurting foreign investment’

KARACHI: Government is being urged by leaders in Information Technology (IT) sector to improve its policies. Business people believe sector holds high potential to emerge as l...

Govt successfully brought back country from brink of bankruptcy: Dr Aisha Ghaus

ISLAMABAD: Minister of State for Finance and Revenue Dr Aisha Ghaus Pasha informed Senate that incumbent government successfully brought back country from verge of bankruptcy,...

19 Pakistani manufacturers to join Paris exhibition starting from Feb 6

KARACHI: Nineteen fabric and garments manufacturers of Pakistan will take part in three-day Texworld/Apparel Sourcing Paris fair to be held from February 6-8, 2023. Pakistan w...

Imran Khan backs IMF role in Pakistan

ISLAMABAD: PTI Chairman Imran Khan believes that Pakistan cannot shun idea of reaching out to International Monetary Fund (IMF) for an economic bailout any sooner and says his...

KSA-Pakistan agree to enhance bilateral trade volume

ISLAMABAD: Kingdom of Saudi Arabia (KSA) and Pakistan discussed matters of mutual interests and agreed to enhance bilateral trade volume between two countries. Nawaf Saeed A....

NC Big Stories

‘MQM property battle concludes, verdict awaited’

LONDON: Trial pivoted on ownership of multiple north London properties concluded, marking end of series of hearings which saw Muttahida Qaumi Movement-London supremo Altaf Hus...

Parvez Elahi apologises to Fawad’s brother over diatribe

LAHORE: Pakistan Muslim League-Quaid and former Punjab Chief Minister Chaudhry Parvez Elahi apologised to family of PTI leader Fawad Chaudhry for his hurtful statement over hi...

IK’s arrest not on cards but statements may land him in jail: Sanaullah

London: Interior Minister Rana Sanaullah said that although Pakistan Tehreek-e-Insaf Chairman Imran Khan’s arrest is not on cards, his statements are forcing him to thin...

Court approves 14-day judicial remand of PTI leader Fawad Ch

ISLAMABAD: A District and Sessions Court rejecting plea for 7-day extension in physical remand sent Pakistan Tehreek-e-Insaf leader Fawad Chaudry to Adiala Jail on 14-day judi...
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