Stocks hit record high as Biden transition, vaccines brighten outlook

LONDON/TOKYO: Global shares reached record highs on Wednesday after the Dow Jones broke 30,000, with investors relieved at the prospect of a smooth handover...

India bans 43 more mobile apps as it takes on China

NEW DELHI: India banned 43 mobile apps on Tuesday, including Alibaba Group Holding Ltd’s e-commerce app Aliexpress, in a new wave of web sanctions...

EU Commission chief sees “genuine progress” in Brexit talks, no-deal outcome still possible

BRUSSELS: The head of the European Union’s executive on Wednesday reported “genuine progress” in Brexit talks but said the risk of Britain leaving the...

KP Minerals dept collects Rs1.10bn in Q1FY21

PESHAWAR: The Khyber Pakhtunkhwa (KP) Minerals Department has collected Rs1.10 billion in Q1FY21 as compared to the previous year's annual revenue of Rs3.38 bn...

Panther Tyres applies for listing at PSX

Panther Tyres Limited has applied for listing at the Pakistan Stock Exchange (PSX). According to the notification issued by the PSX, the company has planned...

Sindh traders to resist ‘impractical’ business timings

KARACHI: The Sindh Tajir Ittehad (STI) and All Pakistan Jewellers Manufacturers Association (APJMA) on Tuesday rejected the Sindh government’s decision of banning businesses and...

Traders to resume onion export as prices drop 50pc

ISLAMABAD: Exporters on Tuesday decided to resume the export of onions keeping in view the reduction in prices and market stability after the arrival of...

Punjab govt, CPEC Authority agree to promote agriculture research

LAHORE: The Punjab government and China-Pakistan Economic Corridor (CPEC) Authority have agreed to promote seed development and research related to the agriculture sector. The development...

Rupee recovers 96 paisas against US dollar

ISLAMABAD: The rupee strengthened by 96 paisas against the US dollar in interbank trading on Tuesday, closing at Rs160.08 against the previous day's closing...

Bitcoin climbs towards all-time high after topping $19,000

LONDON: Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 for the first time in nearly three years. The...

Consumer confidence continues to improve in Pakistan

LAHORE: Gallup Pakistan and Dun & Bradstreet Pakistan have issued their third report on ‘Pakistan’s Consumer Confidence Index (CCI)’ for the third quarter (July-Sept)...

Oil hits highest since March collapse on vaccine, Biden transition

LONDON: Oil hit its highest since in March on Tuesday, rising towards $47 a barrel, as a third promising coronavirus vaccine spurred demand recovery...

Elon Musk edges out Bill Gates to become world’s second richest person

WASHINGTON: Elon Musk’s year of dizzying ascents hit a new apex as the Tesla co-founder passed Bill Gates to become the world’s second richest...

Bulls dominate as index gains 230 points

KARACHI: Bulls paraded back to the Pakistan Stock Exchange (PSX) on Tuesday, as the indices remained in the positive territory despite negativity surrounding the...

APTMA lauds govt for approval of five-year textile policy

The All Pakistan Textile Mills Association (APTMA) on Tuesday thanked the federal government for approving a progressive and innovative five year textile policy that...