Business

BANGKOK: Pakistan has assured the International Monetary Fund (IMF) that its subsidies will remain targeted, time-bound, and budget-neutral as part of its ongoing economic...

WASHINGTON: Bank of America has been hit with a substantial $1.2 billion fine by the U.S. Treasury for failing to adequately flag transactions associated...

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has released a comprehensive Guidebook on Targeted Financial Sanctions (TFS) aimed at bolstering measures against...

KARACHI: Despite a notable 12% year-on-year and 3% month-on-month decline in auto sales, the overall quarterly sales in Pakistan have risen by 19% in...

KARACHI: A recent assessment reveals that major commercial banks in Pakistan are falling short in their sustainability commitments, particularly regarding climate change and biodiversity....

KARACHI: The State Bank of Pakistan (SBP) has unveiled the second edition of its Banking on Equality (BoE) Policy, aimed at further reducing the...

ISLAMABAD: A staggering seven per cent of Pakistan’s youth have access to formal technical and vocational training, significantly lower than the regional average of...

ISLAMABAD: Textile and clothing exporters are calling on the government to implement structural reforms and provide temporary financial assistance to mitigate the sector’s downturn...

KARACHI: Pakistan’s leading 20 listed textile companies have reported a remarkable combined profit of Rs. 51.9 billion for the fiscal year 2026, reflecting an...

WASHINGTON: Anthropic, a leading artificial intelligence company, is poised to unveil its latest revenue figures as the competition in the AI financial landscape intensifies....