Business & Economy

BEIJING, Sept. 24 (Xinhua/APP):The opening up of China’s financial market has made yuan-denominated assets more alluring for overseas investors, and promoted global use of the Chinese currency, said a latest report by the People’s Bank of China. By the end of 2021, overseas entities had […]

ISLAMABAD, SEP 24 (Online): FPCCI’s Presidential candidate Atif Ikram Sheikh on Saturday said the IMF has given an indication of easing its strict conditions which is a good development but this is insufficient. The international community is showing indifference towards Pakistan to help it respond […]

KARACHI, SEP 24 (Online): PTI leader Asad Umar has said Pakistan has reached highly precarious condition and imported Prime Minister (PM) has failed to understand so far as to why he has been seated on this chair. “Earlier it was said Ishaq Dar is responsible […]

Islamabad (PNI) A team of Pakistan Single Window (PSW) led by Mr. Sheeraz Abdul Rasheed, Head of PSW Network & Infrastructure returned after participating in a week-long training session on the maintenance and technical enhancement of the Trade Information Portal. The training sessions were conducted […]

WELLINGTON, Sept. 22 (Xinhua/APP):Mew Zealand’s dairy gaint Fonterra announced a strong set of results for the financial year ending July 31, 2022, reflecting a 2021/22 farmgate milk price of 9.3 NZ dollars (5.41 U.S. dollars) per kgMS (milk solids) and normalized profit after tax of […]

ISLAMABAD, Sep 22 (APP):The Indus River System Authority (IRSA) on Thursday released 164,700 cusecs water from various rim stations with inflow of 157,900 cusecs. According to the data released by IRSA, Tarbela Dam has already attained its maximum capacity level of 1550 feet and was […]

Istanbul, Sept 22 (AFP/APP): Turkey’s central bank on Thursday cut its policy rate for the second straight month despite an annual inflation rate that has reached 80 percent and still moving higher. The central bank said it was cutting its one-week repo rate to 12 […]

Washington, Sept 21 (AFP/APP):The Federal Reserve raised the key US interest rate again Wednesday and said more hikes are coming as it battles soaring prices — an aggressive stance that has raised fears of a recession. And Federal Reserve Chair Jerome Powell warned that the […]

Islamabad (PNI) The Governments of Japan and Pakistan agreed on debt deferral amounting to approx. US$160 million, as the last phase of “the G20 Debt Service Suspension Initiative (DSSI)”. Prior to this, both Governments agreed on the first debt deferral amounting to approx. US$370 million […]

SIALKOT, Sep 21 (APP): Ruling Ittehad Founders Group swept clean as it clinched all the ten seats of SCCI Executive Committee (five each from both Associate Class and Corporate Class) during the annual elections 2022-23. According to SCCI election results, Abdul Ghafoor Malik, Afzaal Bhatti, […]