Economy

APPIslamabad: Global Vice President, the Suzuki Motor Corporation Kenichi Ayukawa on Thursday said that Suzuki Motors Corporation wanted to set up a biogas plant in Karachi to boost the automobile sector in Pakistan. He said, "The…

AFP/APPSwitzerland: Switzerland's Federal Criminal Court on Wednesday sentenced Gambian former interior minister Ousman Sonko to 20 years in prison for crimes against humanity.Sonko, 55, was convicted over a string of offenses…

Shazia Mehboob Islamabad: Pakistan is embarking on a transformative journey towards economic prosperity, fueled by a concerted effort to attract foreign direct investment (FDI). With a robust foundation of economic governance, the…

APPIslamabad: Pakistani Rupee on Thursday shed 10 paisa against the US dollar in the interbank trading and closed at Rs 278.20 against the previous day’s closing of Rs 278.10.According to the Forex Association of Pakistan (FAP), the…

News Desk Rawalpindi: Director General of Inter-Services Public Relations (DG ISPR) Major General Ahmed Sharif Chaudhry emphasized on Tuesday the importance of holding accountable those responsible for the May 9 riots, in accordance…

APP Islamabad: Developing Asia and the Pacific are unprepared to secure the well-being of its rapidly aging population as the growing share of older people in the region faces challenges from low pension coverage to health problems, social…

AFP/APPNew York: Wall Street stocks shot higher Wednesday afternoon after Federal Reserve Chair Jerome Powell said the central bank is "unlikely" to raise interest rates.Major indices were up about one percent or more after Powell…

APPIslamabad: The 100-Index of Pakistan Stock Exchange (PSX) turned around to bullish trend on Wednesday, gaining 692.49 points, a positive change of 0.97 percent, closing at 72,051.89 points against 71,359.41 points the previous…

AFP/APPTokyo: Tokyo stocks opened higher on Wednesday after Wall Street rose for a second straight session on good corporate earnings.The benchmark Nikkei 225 index was up 1.04 percent, or 388.86 points, at 37,941.02 in early trade,…

Xinhua/APPBeijing: The ongoing heavy rain in south China is expected to subside from Monday, according to the country's national observatory.However, rainfall is forecast to continue over the coming three days across the southern…