ISLAMABAD: Against the backdrop of a still weak global economic outlook, the International Monetary Fund (IMF) work agenda for the coming months is designed to support bold policy implementation to secure the economic recovery and anchor the future. This was the key themes of Managing Director (MD) Christine Lagarde’s Global Policy Agenda presented at the IMF’s annual meetings in Tokyo. The Executive Board’ ...

ISLAMABAD: Indonesia has said that we are exploring new venues of cooperation and bilateral trade between two brotherly countries is to touch $ 15 billion mark by 2015. Indonesian Minister for Industries Hidayat and Minister for Agriculture Suswono said that current bilateral trade volume is below USD 1.5 billion but Pakistan’s exports to the largest ASEAN economy is increasing which will get a great push a ...

LONDON, Nov 23: Roche has offered an olive branch to scientific critics in a bid to end a bitter fight over blockbuster flu drug Tamiflu that has led to calls for a boycott of the Swiss drugmaker's products.  Tamiflu has been approved by regulators worldwide and stockpiled by many governments in case of a global outbreak - but some researchers claim there is little evidence it works and have lobbied since 2 ...

LAHORE, Nov 23: Pakistan Railways has faced fiscal deficit amounting to Rs 132 billion during the last five years.  As per statistics of fiscal deficit, Pakistan Railways had to face fiscal deficit to the tune of Rs 16.86 billion during the fiscal year 2007-08, Rs 23 billion in 2008-09, Rs 24.10 billion in 2009-10, Rs 31.01 billion in 2010-11 and Rs 30.37 billion in 2011-12. ...

ISLAMABAD, Nov 23: Nigeria will host trade talks among the Developing Eight in February as part of efforts to increase business within member states and Africa, Nigeria's trade and investment minister said.  "I will be hosting the trade and industry ministers from the D8 countries sometime around February next year to come up with a strategy plan on how we can increase trade within the D8," Olusegun Aganga ...

TOKYO, Nov 23: Panasonic Corp (6752.T) has a better chance than rival Sony Corp (6758.T) of surviving Japan's consumer electronics slump because of its unglamorous but stable appliance business of washing machines and fridges, credit rating agency Fitch said Friday. ...

KARACHI: Pakistan’s economy face dramatic changes, business and local leaders are struggling with uncertainties and deepening conflicts. The Business leaders Conference focused on the leadership capabilities that are increasingly essential for building enterprise in a world of intensifying conflicts. DS-Concept team along with the top management of various financial institutions participated in an interacti ...

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met here Thursday under the chairmanship of Federal Minister for Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh to discuss various agenda items of national importance. ...

KARACHI: PS spokesman said that present CEO of Pakistan Steel Major Gen M Javed (R) has successfully stepped forward by achieving the basic and important targets for the revival of PS, during his first 6 months tenure. ...

KARACHI, Nov 19: The Karachi Stock Exchange (KSE) on Monday witnessed presence of bulls which started the fresh week by hitting yet another historic highest level as investors thronged the local bourse with confidence in the cement sector companies.  The benchmark KSE 100-Index gained 0.33 percent or 53.64 points to close at 16,251.38 levels on Monday as investors showed keen interest in the cement companie ...