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Oil dips on worries about Chinese demand
LONDON:
Oil prices fell slightly on Tuesday as investors remained focused on the likelihood that China’s economic malaise will…
Power tariff hike of Rs2.07 per unit sought
ISLAMABAD: Consumers are bracing for another hike of Rs2.07 per unit in electricity tariff on account of fuel charges adjustment…
Rupee hits historic low as import pressure mounts
KARACHI: Pakistani currency hit a new historic low at Rs299 against the US dollar in the inter-bank market on Tuesday, making…
PDM govt installed SNGPL board in violation of law
ISLAMABAD: The last Pakistan Democratic Movement (PDM) government illegally replaced five independent directors of Sui Northern…
Rupee touches all-time low of 299 against USD
KARACHI: The Pakistani currency briefly touched an all-time low at Rs299 against the US dollar in the inter-bank market on…
SME credit risk assessment model being developed
LAHORE: The Small and Medium Enterprises Development Authority (Smeda) has launched an initiative to develop a separate credit…
Goldman Sachs weighs selling part of wealth unit
NEW YORK: Goldman Sachs is weighing the sale of a part of its wealth business, it said on Monday, as it shifts its focus back to…
China LNG buyers expand trading
SINGAPORE/LONDON: China’s liquefied natural gas (LNG) importers are starting up or expanding trading desks in London and Singapore…
‘Pakistan’s economic conditions delay CPEC development’
LAHORE: China Overseas Port Holding Company (COPHC) Chairman Yo Bo has emphasised that Pakistan’s economic circumstances were…
Over $5b received for project financing, building reserves
ISLAMABAD: Pakistan got over $5 billion in fresh loans in July, which was the highest amount received in any month, to meet…