Pakistan's president Asif Ali Zardari, signed into law yesterday a bill to demutualize the nation's stock exchanges, a move aimed at bringing the bourses in line with international peers. Lawmakers approved the stock exchange corporatization, ….
Bloomberg
Pakistan stocks rose, driving the benchmark index to its highest level in four years, as offshore investors increased their holdings of local stocks. Foreigners bought $5 million of equities yesterday, adding to purchases of $8 million on May 2, …See…
Pakistan International Airlines Corp. (PIAA), the nation's largest carrier, posted a first-quarter loss, weighed down by rising fuel and labor costs. The net loss widened to 7.9 billion rupees ($87 million) in the three months ended March 31 from 4…
Pakistan's inflation held at close to a six-month high in March, limiting scope to bolster economic expansion by lowering interest rates. Consumer prices rose 10.8 percent from a year earlier, the Bureau of Statistics said in Islamabad today, …Se…
Officials from Pakistan's petroleum ministry will travel to Russia early next month for talks with Gazprom OAO (GAZP) as the South Asian country seeks financial and technical help to revive a stalled gas pipeline from Iran.See all stories on this t…
Pakistan may export 1 million metric tons of wheat to Iran in return for fertilizer and iron ore, said Tanveer Alam, a public relations officer at the Ministry of Water and Power. A delegation of government officials will visit Iran by next week to ……
President Asif Ali Zardari said Pakistan is seeking to restore ties with the US as Pakistani lawmakers prepare to seek consensus on the relationship after tensions over the conflict in Afghanistan. “Pakistan-US relations are multidimensional and …S…
Pakistani President Asif Ali Zardari said his nation is seeking to restore ties with the US as lawmakers prepare to seek consensus on the countries' future relationship after a challenging year. “We seek to engage meaningfully with the US,” Zar…
A Swiss couple abducted by Taliban guerrillas in July were found alive in Pakistan's tribal region of North Waziristan, the military said in a statement. They were flown to the northwestern city of Peshawar by helicopter after turning up at a …Se…
Pakistan has told the White House it no longer will permit US drones to use its airspace to attack militants and collect intelligence on al-Qaeda and other groups, according to officials involved in the talks. US officials, speaking on condition of ……
