Dollar rebound slightly as forex market settles

NEW YORK, Mar 22: The dollar edged higher against the euro and yen Monday as foreign exchange markets settled down in the wake of...

India’s Tata Steel begins formal sale of UK unit

LONDON, Apr 12: Indian giant Tata Steel announced Monday the sale of a major European division employing 4,800 people in Britain and France, as...

Pak Rupee looses Rs 2 against US dollar in two days

KARACHI, Oct 28: US dollar gains more than one rupee in last two days in Inter Bank and open money market mainly due to...

USAID agribusiness project helped 27,000 farmers

Islamabad, Nov 6: The U.S. Agency for International Development (USAID) held a ceremony Friday showcasing a successful agricultural program that shared modern techniques with...

Largest LNG ship docked at Port Qasim

KARACHI, Mar 1: The first-ever ship of Liquified Natural Gas (LNG), after reaching an agreement between Pakistan and Qatar on LNG import last month,...

US ambassador says international community acknowledge Pakistan’s economic growth

Islamabad, Dec.18: Finance Minister Ishaq Dar says maximum facilities are being provided to foreign investors in Pakistan. Talking to US Ambassador David Hale in Islamabad,...

Pakistan to issue two LNG tenders

ISLAMABAD, Sep 6: Pakistan plans to issue two international tenders for 750,000 tonnes per year of liquefied natural gas (LNG) each in the coming...

Food department sells 111,000 metric ton of wheat in Oct

KARACHI, Nov 3:  Sindh food department, resorting open market policy, sold 111,000 metric ton of wheat, worth Rs. four billion in October 2015 only,...

London unlikely to capture catastrophe bond market

LONDON, Oct 14: London will struggle to become a home for the catastrophe bond market due to higher taxes and regulatory hurdles compared with...

Asian energy, pharma firms rally but broader markets struggle

HONG KONG, Apr 7: Asian energy firms built on the previous day s gains Thursday thanks to another surge in oil prices while pharmaceuticals also...