Oil prices fall for third straight session amid supply glut worries
International Market, Dec. 18 (TNS): At the international market, crude oil prices dropped more than one dollar on Tuesday, falling for a...
ECC approves commercial borrowing guarantee limit of PIACL by Rs. 13.585 billion
Islamabad, Nov. 1 (TNS): The Economic Coordination Committee (ECC) approved a proposal to increase the commercial borrowing guarantee limit of PIACL by Rs. 13.585...
Moody’s cautions expected PTI govt over economic plan
ISLAMABAD, July 27 (TNS): Moody’s Investors Service on Friday cautioned expected Pakistan Tehreek-e-Insaf (PTI) government to walk a tight rope as its plan to increase...
Asian shares hit record high, Euro near three-year top
TOKYO Jan 16 (TNS): Asian shares erased early modest losses and pushed to a fresh record high, while the euro remained within sight of...
Marlboro maker leaps into the cannabis trade with $2.4B
Islamabad, Dec. 07 (TNS): One of the world's biggest tobacco companies is diving into the cannabis market with a $2.4 billion investment in Cronos...
India sees 20% rise in dollar millionaires, despite GST impact: Report
MUMBAI, June 19 (TNS): Despite adverse impact on GST implementation, India saw a 20 per cent increase in both the number of dollar millionaires and their wealth in...
Malaysia’s Axiata to buy Pakistan telecom towers
Kuala Lumpur, August 31 (TNS): Malaysian telecommunications firm Axiata Group’s infrastructure unit is buying telecom towers in Pakistan for $940mn in partnership with a...
Kabul-Islamabad Trade Volume Dropped by 80 percent
Kabul, May 5 (TNS): Pakistan and Afghanistan trade via Torkham border has decreased to $500 million from $ 2.5 billion due to governmental stringent...
China’s giant Alibaba Group broke into the Pakistani market with a bang
Islambad, May 8 (TNS): China's giant e-commerce company, Alibaba Group, broke into the Pakistani market on Tuesday by fully acquiring Daraz Group.
"With the acquisition,...
China supports development of new energy intelligent cars
BEIJING Jan 16 (TNS): China's top economic planner has cleared the way for development of domestic new energy cars and intelligent vehicles.
The country will...
