Economy

  IHC issues show cause notice to finance secretary, summons on Oct. 9

ISLAMABAD: Islamabad High Court (IHC) Monday issued a show cause notice to the finance secretary and summoned him on October 9, media reported.   The court issuing show cause notice has asked the finance secretary to explain as to why a contempt ...

  Oil prices tumble

SINGAPORE: Oil prices tumbled in Asian trade Monday as a budget impasse in the United States threatens to shut down parts of the economy, analysts said. New York's main contract, West Texas Intermediate for delivery in November fell $1.16 to $...

  IMF policies known for wiping out economic stability, social and economic equality

Economies depending on IMF haven’t improved, facing unrest International lender leading Pakistan, world to starvation Revival of currency, investors’ confidence not linked to rate hike Islamabad:The Federation of Pakistan Chambers of Commerce an...

  Business community to provide assistance to quake victims

LAHORE: The business community expressed sympathy with the victims of earthquake in Balochistan and assured its proactive support for provision of relief goods and their early rehabilitation. This was assured in a meeting of the Lahore Chamber ...

  Govt determined to pull country of troubles: PM

NEW YORK: Prime Minister Muhammad Nawaz Sharif has said his government is determined to lift the country out of morass it finds itself in after years of neglect and mismanagement and will bring the hard-working Pakistanis much-deserved economic pr...

  Sindh CNG stations closed for 24 hours

KARACHI: CNG stations across Sindh have been closed for the next 24 hours effective Saturday 8.00 A.M. to Sunday 8.00 A.M., media reported.   According to Sui Southern Gas Company (SSGC) load management plan, the CNG stations have been closed Sat...

  20 dead as asylum-seeker boat sinks off Indonesia

JAKARTA: At least 20 people, mostly children, drowned and scores are missing after an Australia-bound boat carrying Middle Eastern asylum-seekers sank off Indonesia, police said Friday.   Twenty-five people were plucked to safety but about 75 wer...

  Plummeting banking stocks knock 393 points out of KSE

KARACHI: Led by a sharp fall in banking stocks, Karachi Stock Exchange (KSE) declined by two percent on Friday to close at   The benchmark 100-Index lost 1.73 percent or 393.51 points to 22,387.31.   Banking stocks closed at the lower circuit bre...

  Global sugar surplus risks upward revision on Asian supply

SINGAPORE/LONDON: The global sugar surplus in the next crop year, which starts on Tuesday, may have to be revised upwards after favourable rain across much of Asia augured for better-than-expected output in several key producing countries.   Upw...

  OGRA recommends increase in POL prices

ISLAMABAD: OGRA has sent the summary for an increase in the price of petroleum products to the Ministry of Petroleum.   According to the summary, OGRA has recommended Rs5.45 increase in the per litre price of petrol.   The price of diesel has bee...

  Fukushima operator seeks reactor restart

TOKYO: Fukushima operator TEPCO on Friday asked Japan's nuclear watchdog for permission to restart a separate atomic power station, as it resumed cleaning polluted water at the crippled plant. Tokyo Electric Power switched on treatment systems ...

  Yen rebounds in Asia

TOKYO: The yen rallied in Asia on Friday, rebounding from the previous day's losses fuelled by a report that Japan would cut corporate taxes to offset the impact of an expected hike in sales tax.   In Tokyo midday trade, the dollar bought 98.72 y...

  Oil prices down

SINGAPORE: Oil prices eased in Asian trade Friday after the United States and Russia agreed a draft UN Security Council resolution on destroying Syria's chemical arms, analysts said. New York's main contract, West Texas Intermediate for deliver...

  Nawaz, Kerry meet in New York

NEW YORK: Prime Minister Nawaz Sharif met with US Secretary of State John Kerry here on Thursday. The prime minister and US Secretary of State discussed the war against terrorism along with cooperation in different fields including energy and t...

  Exchange rate of dollar decreases to Rs105.35

KARACHI: The inter-bank exchange rate of the dollar has decreased by Rs4.65 and it is now being traded at Rs105.35   On Thursday morning the dollar was being traded at Rs110 after an increase throughout the week. The exchange saw a decrease after ...

  Oil prices lower in Asian trade

SINGAPORE: Oil prices edged lower in Asian trade Thursday after an unexpected surge in US crude stockpiles and fresh signs of warming relations between the West and crude producer Iran, analysts said.   New York's main contract, West Texas Interm...

  Volatile rupee takes big toll on Pakistani equities

KARACHI: Karachi Stock Exchange (KSE) turned a loss of around 280 points at the end of a day as a sharply volatile rupee sent waves of jitters across the local bourse here on Thursday.   The benchmark 100-Index took a mighty fall of 1.21 percent ...

  CNG stations to stay shut for 24 hours

KARACHI: All the CNG stations in Sindh will remain closed on Thursday (today) as part of the Gas Load Management Plan, media reported.   The fuel stations will stay shut for 24 hours from Thursday 8:00 am to Friday 8:00 am.  ...

  Yen weakens in Asia on Japan corporate tax cut report

TOKYO: The yen weakened in Asia Thursday as traders got a confidence boost on a report that Japan may cut corporate taxes to offset an expected hike in a sales levy.   The dollar bought 98.75 yen in the afternoon -- after briefly topping the 99-...

  Asian shares lower on US budget fears

HONG KONG: Asian markets slipped on Thursday, with attention now on another stand-off in Washington over the US budget that could see parts of the government shut down if a deal is not agreed within days.   The dollar sank further following some ...


«Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 Next»

Feature / Analysis

  • SMOG IN INDIA, CHINA IS CHANGING WEATHER PATTERNS IN US, FINDS STUDY

    Man-made air pollution in Asia is exacerbating climate change and link...

    Read More »

  • Amid construction boom, Myanmar starts to build disaster resilience

    YANGON, Myanmar: The Sule Pagoda Road in downtown Yangon is famous for...

    Read More »

  • EPA scores big win to limit mercury in power plants

    The Environmental Protection Agency took home a sweeping victory Tuesd...

    Read More »

  • Asian Pollution Boosts Pacific Storm Power

    Pollution from China's coal-burning power plants is pumping up winter ...

    Read More »


Opinion

  • Coal Returns to German Utilities Replacing Lost Nuclear

    What’s a beleaguered utility to do when forced by the government to cl...

    Read More »

  • US Is an Oligarchy Not a Democracy, says Scientific Study

    A study, to appear in the Fall 2014 issue of the academic journalPersp...

    Read More »

  • An unequal battle

    WHILE going to the Karachi Press Club to attend a press conference cal...

    Read More »

  • Turtles Change Migration Routes Due to Climate Change

    CAHUITA NATIONAL PARK, Costa Rica : The critically endangered hawksbil...

    Read More »