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Category: Business

Business

Pakistan’s foreign debt rises to highest level, says central ban

By sundaytimesDecember 5, 2018

The volume of the external debt and liabilities in the first quarter of the current fiscal year reported at 1.394 billion. The debt stood at 95.342 billion at […]

Business

Economic crisis of Pakistan is ‘over’: Asad Umer

By sundaytimesDecember 4, 2018

Speaking at the inauguration of the 11th South Asia Economic Summit in Islamabad, the federal minister said, “There is no economic crisis in the year 2018 and the […]

Business

Benchmark 100 index goes down by 1300 points in initial trading

By sundaytimesDecember 3, 2018

The PSX with opening of trading today at 40,496 points, dropped to 39,187 points within an hour. The drop in the stock exchange on the first day of […]

Business

Asian shares wobble before Trump-Xi meeting

By sundaytimesNovember 30, 2018

MSCI’s broadest index of Asia-Pacific shares outside Japan wobbled between positive and negative territory in early trade, as more evidence of a slowdown in China dampened sentiment. It […]

Business

Dollar rises to historic high of Rs 142 in interbank market

By sundaytimesNovember 30, 2018

The rate of dollar rate has now reached Rs 142 in the interbank market, against Rs 134 trading yesterday Nov 29. The current account deficit is said to […]

Business

Govt borrowed $1.58 billion during July-October

By sundaytimesNovember 29, 2018

In the first two months of the fiscal year (July and August), the caretaker government took out loans of $820 million. With the new Pakistan Tehreek-e-Insaf government in power, […]

Business

ExxonMobil returns to Pakistan after 27 years

By sundaytimesNovember 28, 2018

US oil and gas company ExxonMobil will resume operation in Pakistan after 27 years. A delegation from the ExxonMobil led by LNG Market Development Chairperson Emma Cochrane called […]

Business

Gold price increases by Rs2300 per tola in last week

By sundaytimesNovember 27, 2018

According to Federation of Gold and Silver Dealers Association , the precious yellow metal is being traded at Rs 54,612 per 10 grams after an increase of Rs1971 […]

Business

Pakistan, IMF to hold policy-level talks from today

By sundaytimesNovember 12, 2018

Pakistan and the International Monetary Fund (IMF) will hold policy-level talks from today (Monday) as technical discussions have concluded. Harald Finger will lead the IMF delegation for policy-level […]

Business

Alibaba Singles’ Day smashes $25 billion sales record

By sundaytimesNovember 12, 2018

Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under […]

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