40% increase in Tesla stock price is driven by growth in China
Shares of Tesla Inc. charged higher to a fourth-straight record close Monday after even the most bearish analyst on Wall Street analyst lifted his...
Another milestone for JS Bank as deposits reach monumental $2.3 Bn mark
JS Bank, one of the fastest-growing financial institutions in Pakistan, recorded another milestone with its deposit base reaching the Rs 400 billion (approx. USD...
Further disgrace for PIA as airline outlawed by European Union
Regulators in the European Union (EU) have banned Pakistan International Airlines (PIA) for six months after the state-run carrier grounded nearly a third of...
Gulf economies to nosedive by 7.6% say IMF estimates
Gulf Cooperation Council (GCC) countries will see their economies shrink by 7.6% this year, an International Monetary Fund official said on Tuesday, revising downwards...
Power dynamics to shift in post-covid world
The new coronavirus represents a new battlefield in international politics that will determine the rise and fall of nations through the shift in power...
Boris Johnson channels Roosevelt to combat virus depression
British Prime Minister Boris Johnson said Monday the coronavirus crisis needed the type of massive economic response US president Franklin D. Roosevelt mobilised to...
Much left to be desired: The PTI Budget 2020-21
The national budget 2020-21 presented today offers no surprises. Announced in a typical PTI style where, as usual, ambiguity prevails on where the real...
Economy to take a hit as Hajj curtailed for 2020 by Saudi Arabia
Vacant religious sites. Abandoned pilgrim tents. Lifeless hotels. A stunning emptiness - and fears of economic ruin - haunt the usually bustling city of...
How is federal budget a success story, and not the other way round?
Pakistan’s economy had already been suffering before the COVID-19 outbreak, it was in no imminent danger of a recession. The Current Account Deficit dropped...
Emirates, Etihad and Fly Dubai suspend flights from Pakistan
Etihad Airways on Thursday suspended its flight operations from Pakistan, a day after several passengers who had travelled to Hong Kong by another airliner...
Iraq’s Kurds starve as tourism receipts go extinct
In a normal year, Ahmed Hazem's mountainside restaurant would be teeming with tourists. But a nationwide curfew aimed at combatting the novel coronavirus has...
JS Banks takes the lead in SBP Rozgar Finance Scheme
Under the context of the COVID-19 pandemic, all around the globe central banks are using policy instruments to stimulate growth and reduce layoffs. In...