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CNG stations to reopen tomorrow: sources

3 days ago
KARACHI: Compressed Natural Gas (CNG) stations will reopen from tomorrow across the province following an assurance by the Sui Southern Gas Company (SSGC) to restore supply of gas. The development comes in the wake of Minister for…

State Bank receives another US$ one bln Saudi tranche

3 days ago
KARACHI: Pakistan's central bank has received another installment of one billion dollars from Saudi Arabia's bailout package for Pakistan. A spokesman of State Bank of Pakistan (SBP) has said that the bank has received another tranche of…

Euro slides as ECB warns on economic outlook

4 days ago
LONDON: The euro slipped on Thursday after the ECB trimmed its growth forecast for the eurozone because of "mounting uncertainties" from within and outside the region. European Central Bank chief Mario Draghi said risks facing the area…

Qualcomm to file suits to ban sales of iPhone XS and XR

4 days ago
Qualcomm Inc is asking courts in China to ban sales of Apple Inc’s latest iPhone models XS and XR after winning a preliminary injunction against older models, the Financial Times reported on Thursday. On Monday, A Chinese court had…

Moody’s predicts Pakistan’s GDP growth to slow in FY19

4 days ago
KARACHI: Pakistan’s GDP growth expected to slow to 4.3 to 4.7% in current and the next fiscal year from 5.8% in FY18 due to policy measures taken to address the external imbalance, Moody’s rating agency has said in a report released on…