Wednesday, August 12, 2020

Export of engineering goods up 176.72pc

ISLAMABAD: The export of engineering goods from the country during the first month of current financial year 2019-20 increased by 176.72 percent against the...

India announces mega public sector bank merger

MUMBAI: Finance Minister Nirmala Sitharaman on August 30 unveiled a mega merger plan for public sector banks (PSBs), amalgamating 10 banks into 4. The consolidation...

Stock futures lower on recession worries

NEW YORK: U.S. stock index futures fell on Wednesday after moves in the U.S. bond market returned investors to worrying about the risk of...

Lloyds tackles scourge of domestic financial abuse with special team

LONDON: Lloyds Banking Group is launching a specialist economic abuse support team with powers to help liberate thousands of vulnerable customers from financial oppression...

Africa’s biggest bank may offer credit to small firms

KIEV: South Africa's Standard Bank has taken a stake in local fintech firm Nomanini to offer credit to potentially millions of small shop owners...

Eng Ashiq Ali appointed CEO PSM

ISLAMABAD: Engineer Ashiq Ali has been appointed Chief Executive Officer (CEO) of Pakistan Steel Mills Karachi. He is gold medalist and brings with him rich...

World Bank president to visit Pakistan in November

ISLAMABAD: World Bank President David Malpass will visit Islamabad in the first week of November to finalise enhanced financial support for institutional reforms and...

Pakistan gets $440m worth of fresh loans in July

ISLAMABAD: Pakistan received $440 million in fresh loans last month amid a gradual shift in the financing source from China to multilateral creditors due...

SBP’s SMEs policy aims to strengthen women

KARACHI: Additional director of State Bank head office Karachi Imran Ahmed said that state bank's special SMEs policy for women will play a key...

Pakistan’s economic policy achieves remarkable results: Sina Finance

BEIJING: Pakistan’s economic policy adopted by the present government led by Prime Minister Imran Khan during the last one year, has achieved remarkable results,...

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