NEW YORK: The rout in emerging-nation assets spread to developed markets, as stocks tumbled around the world and demand for havens spiked on intensifying concern that global growth is slowing.
Kazakhstan became the latest country to stop defending its currency, as developing nations struggle to overcome plunging prices for commodity exports. The selloff spread to U.S. equities, wiping out the Standard & Poor’s 500 Index’s gain for 2015 as investors sought the safety of gold and Treasuries.
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday directed Petroleum Minister Ali Pervaiz Malik to immediately reach Karachi and hold negotiations...
LAHORE: Lahore Chamber of Commerce and Industry (LCCI) President Faheem Ur Rehman Saigol visited the Saggian Industrial Area and met...
PESHAWAR: The Federal Board of Revenue (FBR) and the Institute of Chartered Accountants of Pakistan (ICAP), Peshawar Office, jointly organised...
ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb on Wednesday launched a retailer app, saying the government had simplified and made...
