Business & Economy Published 07 Nov, 2023 09:20am Shared Workspace Giant WeWork Files For Bankruptcy WeWork's shares were worth just 80 cents at the close of trading
Business & Economy Updated 18 Aug, 2023 05:11pm Interim PM Kakar forms committee for revival of economy Members from finance and planning ministries will be part of it
Business & Economy Published 06 Aug, 2023 09:58am Pakistan’s economic woes leave textile industry in tatters In 2022-2023, textile exports fell by 15 per cent to $16.5 billion
Business & Economy Updated 28 Jul, 2023 01:16am Chinese bank rolls over $2.4b loan for two years, says Ishaq Dar Finance minister cites Pakistan will make interest payments only in both years
Business & Economy Published 25 Jul, 2023 05:54pm Pakistan’s friends to experience slower growth for two years Oil and other commodity prices to fall in 2023 and 2024
▶️ Business & Economy Published 24 Jul, 2023 12:13am SBP forex reserves likely to hit $14b by Dec 2023, says economist Terms broadening of tax base and privatisation essential for economic progress
Pakistan Updated 24 Jul, 2023 08:46am Dar first choice for interim PM as coalition agrees on appointing economic expert Pakistan recently clinched last-minute IMF deal
Business & Economy Updated 30 Jun, 2023 09:00am Pakistan-IMF reach $3 billion staff-level agreement, says Fund Earlier, Ishaq Dar told Reuters the deal was going to be signed in 24 hours
Business & Economy Updated 27 Jun, 2023 08:46pm Pakistan hopes for IMF bailout decision in a day or two Finance Minister Ishaq Dar reiterates expectations that review 'will be done'
Business & Economy Updated 26 Jun, 2023 06:30pm SBP raises key policy rate to 22% Central bank notes potential upside risks to the inflation outlook have increased from the last meeting
Pakistan Updated 22 Jun, 2023 08:27pm Finance Minister Ishaq Dar loses temper, hits journalist over IMF question He also ordered guards to take away the journalist's phone
Business & Economy Updated 02 May, 2023 03:54pm ADB pledges to support Pakistan’s economic recovery President Askawa says Islamabad taking ‘quick’ required stabilisation measures
▶️ Business & Economy Updated 19 Apr, 2023 01:38am Former finance czar backs elections in June-July to have next IMF programme Pakistan needs around $30 billion on an annual basis for three years, says Hafeez Pasha
Business & Economy Published 14 Apr, 2023 09:49am Pakistan hopes to seal key IMF bailout agreement soon We can complete our current programme successfully, says Georgieva
Business & Economy Published 13 Apr, 2023 11:16pm Pakistan reiterates it has completed all requirements for bailout Finance minister says all international obligations have been addressed in time
World Published 13 Apr, 2023 02:22pm India opens new investigation into BBC in widening crackdown The tax raids in February had come close on the heels
Technology Published 06 Apr, 2023 03:10pm Australia cancels Binance’s financial services licence amid probe Retail investors are entitled to a higher level of regulatory protection
Business & Economy Published 06 Apr, 2023 11:00am German banks hit by wave of complaints from savers It received 15,000 complaints from consumers in Europe’s largest economy
Business & Economy Published 05 Apr, 2023 02:55pm UBS tells investors shotgun Credit Suisse takeover a ‘major challenge’ the first merger of two globally systematically important banks
Business & Economy Published 05 Apr, 2023 02:51pm Exclusive: Europe’s banks ramp up bespoke loan trades to reduce risk These “significant risk transfer” (SRT) transactions are not new
Technology Published 04 Apr, 2023 11:48am SK Hynix raises $1.7bln in convertible bond as chip slump deepens the first such deal by the firm since it was acquired by energy
Business & Economy Published 01 Apr, 2023 03:11pm ECB’s De Guindos warns of broad risks in financial sector The European Central Bank (ECB) is monitoring broad
Business & Economy Published 01 Apr, 2023 02:24pm Indexes jump on inflation data; Nasdaq posts best quarter since 2020 The S&P 500 closed at its highest level since Feb 15
Business & Economy Published 31 Mar, 2023 08:08pm China rolls over $2b loan to Pakistan as it struggles with external liquidity Formal confirmation of refinancing would be made after process was completed, says official
Business & Economy Published 29 Mar, 2023 02:33pm Sergio Ermotti returns as UBS CEO to steer Credit Suisse takeover rebuilding the bank after the global financial crisis.
▶️ Pakistan Published 26 Mar, 2023 11:24pm Even friendly countries’ patience is running thin, says Zubair Former Sindh governor cites seeking IMF loan for the 23rd is a ‘world record’ for Pakistan
Business & Economy Updated 23 Mar, 2023 11:12pm Banking hours for Ramazan in Pakistan Fridays will be different
Business & Economy Published 21 Mar, 2023 11:28am Switzerland’s secretive Credit Suisse rescue rocks global finance Customers have already pulled $110b from Zurich-based bank in the last three months of 2022
Business & Economy Published 20 Mar, 2023 12:55pm Stocks drop despite Credit Suisse buyout, central banks’ pledge Asian equities sank Monday following a sell-off in New York on fears over the financial sector
Business & Economy Published 19 Mar, 2023 11:45am Crunch time for Credit Suisse talks as UBS seeks Swiss assurances Guarantees UBS is seeking 'would cover the cost of winding down parts of Credit Suisse and potential litigation charges'