The Economic Coordination Committee in a meeting on Monday approved a financial support package amounting to Rs17 billion for Pakistan International Airlines (PIA) – the country’s national flag […]
Delta Air Lines Inc said on Tuesday that in agreement with Boeing Co it would cancel an order for 18 787 Dreamliner aircraft, which it assumed as a […]
ISLAMABAD: Pakistan expects to secure soft loans from China of about $1 billion this week for three road projects in the China Pakistan Economic Corridor (CPEC), a Pakistani […]
WASHINGTON: The US Justice Department sued the British financial giant Barclays on Thursday, accusing the bank of massive fraud in the sale of mortgage-backed securities which contributed to […]
KARACHI: The rupee fell to its lowest against the dollar this year in the open market, despite efforts by Finance Minister Ishaq Dar. Dollar rose to PKR109 in […]
KARACHI: The Pakistan Stock Exchange (PSX) created yet another record as the benchmark 100-index crossed the 47,000 mark. New week trading at PSX started with positive note and […]
KARACHI: During the financial year 2016 (FY16), Payment Systems in Pakistan have shown significant growth in key performance indicators, State Bank of Pakistan (SBP) said in a press […]
KIEV: Ukraine on Sunday nationalised the country’s biggest bank in a bid to avert a financial meltdown in the war-scarred former Soviet state. The government moved to take […]
COLOMBO: Sri Lanka has secured $1.34 billion in loans from the World Bank to boost the cash-strapped island’s economy over the next three years, the finance ministry said […]
GENEVA: The Swiss parliament on Friday finally agreed on a plan to curb immigration from the EU, as called for in a 2014 referendum, without jeopardising its vital […]