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1 day ago
Raja Pervez Ashraf submits written statement before NAB
Former prime minister Raja Pervez Ashraf appeared before the NAB and submitted a written statement over the Rental power plant cases.
Former prime minister Raja Pervez Ashraf appeared before the NAB and submitted a written statement over the Rental power plant cases.
2 days ago
Bangladesh economic growth slows to four-year low
Analysts have said that a crisis in the disaster-strewn garment sector and strikes could do lasting economic damage.
Analysts have said that a crisis in the disaster-strewn garment sector and strikes could do lasting economic damage.
2 days ago
Toyota becomes Asia’s biggest firm by market value
Toyota's market capitalisation stood at 22.23 trillion yen on Thursday, beating out the Galaxy smartphone giant which was worth the equivalent of 20.32 trillion yen.
Toyota's market capitalisation stood at 22.23 trillion yen on Thursday, beating out the Galaxy smartphone giant which was worth the equivalent of 20.32 trillion yen.
3 days ago
Arab tycoons unveil 100m euro film partnership
Their partnership aims to produce and distribute films and television programmes in the Arab world and internationally.
Their partnership aims to produce and distribute films and television programmes in the Arab world and internationally.
3 days ago
Second brokerage house goes broke
The KSE released a notice informing investors that the trading entitlement certificate of stock brokerage firm ZHV Securities had been forfeited with immediate effect.
The KSE released a notice informing investors that the trading entitlement certificate of stock brokerage firm ZHV Securities had been forfeited with immediate effect.
3 days ago
Pakistan stocks close higher, rupee weakens
The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.45 percent, or 92.07 points, higher at 20,566.69 points.
The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.45 percent, or 92.07 points, higher at 20,566.69 points.
3 days ago
Eurozone recession extends into sixth quarter
Overall, the euro region's economy contracted 0.2 per cent in the January-March period from the previous three months.
Overall, the euro region's economy contracted 0.2 per cent in the January-March period from the previous three months.
15th May, 2013
Warner Music wins EU approval to purchase Parlophone
Warner Music won EU regulatory's approval on Wednesday to buy the Parlophone Label Group from Vivendi's Universal Music Group for 487 million pounds.
Warner Music won EU regulatory's approval on Wednesday to buy the Parlophone Label Group from Vivendi's Universal Music Group for 487 million pounds.
15th May, 2013
Donald Trump testifies at Chicago trial
The real estate magnate was the one on the hot seat as a plaintiff's attorney grilled him over allegations he had engaged in a bait-and-switch.
The real estate magnate was the one on the hot seat as a plaintiff's attorney grilled him over allegations he had engaged in a bait-and-switch.
15th May, 2013
Sony shares surges after US fund proposes spin-off
Sony shares rocketed on Wednesday after a US hedge fund called on the company to sell off part of its entertainment unit.
Sony shares rocketed on Wednesday after a US hedge fund called on the company to sell off part of its entertainment unit.
15th May, 2013
Political uncertainty keeps buyers away
Buyers are staying away from markets, with traders maintaining that sit-ins and uncertainty have dampened their sales.
Buyers are staying away from markets, with traders maintaining that sit-ins and uncertainty have dampened their sales.
15th May, 2013
Uphill task for FBR to collect Rs650bn
With the fiscal deficit, the FBR seemed to be struggling to meet even its revised revenue target of Rs 2.135 trillion.
With the fiscal deficit, the FBR seemed to be struggling to meet even its revised revenue target of Rs 2.135 trillion.
14th May, 2013
Pakistani stocks skyrocket to new record highs
The KSE-100 index rose 229.80 points to close at 20,474.62 points on Tuesday, with the market already rising 9 per cent this month.
The KSE-100 index rose 229.80 points to close at 20,474.62 points on Tuesday, with the market already rising 9 per cent this month.
14th May, 2013
Eurozone growth hopes emerge after industrial data
Official figures released Tuesday from Eurostat showed eurozone industrial output rose a monthly one per cent in March.
Official figures released Tuesday from Eurostat showed eurozone industrial output rose a monthly one per cent in March.
14th May, 2013
Indian inflation slips below five pc for first time since 2009
The Wholesale Price Index rose 4.89 per cent in April from a year earlier, sharply lower than the previous month's rise of 5.96 per cent.
The Wholesale Price Index rose 4.89 per cent in April from a year earlier, sharply lower than the previous month's rise of 5.96 per cent.
14th May, 2013
Pakistan trade deficit to $16.518 bln in July-April FY12/13
On a monthly basis, the trade deficit fell to $1.779 billion in April from $1.553 billion the previous month. Exports totaled $2.130 billion in April and imports were $3.909 billion.
On a monthly basis, the trade deficit fell to $1.779 billion in April from $1.553 billion the previous month. Exports totaled $2.130 billion in April and imports were $3.909 billion.
14th May, 2013
$11.5bn remitted in 10 months
Overseas Pakistanis sent more than $11.5 billion remittances during the first 10 months of the current fiscal year, almost equal to the entire present reserves.
Overseas Pakistanis sent more than $11.5 billion remittances during the first 10 months of the current fiscal year, almost equal to the entire present reserves.
14th May, 2013
Gold prices fall
The decline in domestic prices was caused by drop of $42 an ounce in world market in the last few days to $1,429 on Monday.
The decline in domestic prices was caused by drop of $42 an ounce in world market in the last few days to $1,429 on Monday.
13th May, 2013
British PM praises Nawaz Sharif for economic aims
Cameron spoke to Nawaz Sharif on the telephone and they agreed to work to reinforce the “strong bond” between the two countries.
Cameron spoke to Nawaz Sharif on the telephone and they agreed to work to reinforce the “strong bond” between the two countries.
13th May, 2013
Ishaq Dar to become finance minister: PML-N spokesperson
Ishaq Dar, who served as finance minister in Sharif's second administration and again briefly in 2008, would return to the job.
Ishaq Dar, who served as finance minister in Sharif's second administration and again briefly in 2008, would return to the job.
