Asia stocks inch up, nerves fray ahead of Brexit vote

LONDON/FRANKFURT: European stocks finished higher for a third session in a row Tuesday as investors bet the U.K. will vote...

CANADA STOCKS-TSX dips as gold losses weigh ahead of Brexit vote

TORONTO: Canada's main stocks edged lower on Tuesday as losses for gold ahead of a vote by Britain on its...

Stocks climb as ‘Brexit’ outlook steers markets

NEW YORK: U.S. stocks rose Tuesday in relatively quiet trading as investors refrained from making big moves ahead of the...

Government sets Q3 domestic borrowing at P135B

DAVAO CITY: The government would be borrowing P135 billion from the domestic market in the third quarter through the sale...

No more bonuses for bosses of bankrupt firms: new law

AMSTERDAM: The Dutch parliament is set to ban bosses from taking a bonus from bankrupted firms. Labour MP Jeroen Recourt...

Default risk for Greece’s biggest supermarket chain

ATHENS: The restructuring of Marinopoulos, Greece’s biggest supermarket chain, is under threat, as there appears to be disagreement among creditor...

LCCI gives recipe to boost business confidence

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) President Sheikh Muhammad Arshad has urged the Federal Board of Revenue...

Nepra approves Rs 3.32 per unit cut in power tariff

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) Tuesday approved Rs.3.32 per unit reduction in power tariff for May under...

Rs 120 billion project: 53 small dams completed in KP

ISLAMABAD: Khyber Pakhtunkhwa Minister for Education and Energy Atif Khan has said that 53 small dams have been completed to...

Microcredit outreach hits 4m in Q1

LAHORE: The microcredit outreach reached an all-time high of four million and the Gross Loan Portfolio (GLP) of the sector...

Meezan Bank signs agreement to promote SMEs

KARACHI: Meezan Bank and Karandaaz Pakistan and Millat Tractors Limited have joined hands to promote small and medium enterprises (SMEs)...

Customs blocks NTNs of 50 defaulter companies to recover Rs 2b

KARACHI: In bid to recover huge outstanding dues, Pakistan Customs has blocked National Tax Numbers (NTNs) of more than 50...

Idaho unemployment rate steady at 3.7% in May

WASHINGTON: The seasonally adjusted unemployment rate in Idaho in May was 3.7 percent, which was the same rate as April....

Pressure gauges, pipes and valves are pictured at an "Dashava" underground gas storage facility near Striy, Ukraine May 28, 2015. Ukrainian state energy firm Naftogaz paid Russia's Gazprom another $30 million in prepayment for gas supplies, the Ukrainian company said on Wednesday. REUTERS/Gleb Garanich

SSGC posts Rs7 billion losses

KARACHI: Sui Southern Gas Company Limited (SSGC) has posted Rs3.57 billion losses for the quarter ended December 31, 2015 and...

Finnish unemployment falls to 8.9% in May

HELSINKI: Finland's seasonally adjusted unemployment rate fell to 8.9 percent in May from a revised 9.0 percent in the previous...

Bangladesh central bank officials to meet New York Fed over stolen funds

DHAKA: Bangladesh central bank officials will hold a meeting with the New York Federal Reserve next month to try and...

JVA can improve revenue flows

AMMAN: Jordan has seen a decline of its agricultural sector productivity over the last six years as a result of...

Exports-imports service gap narrowed down in Q1

HELSINKI: The fall in imports of services narrowed down the difference between imports and exports of services in the first...

Central Bank of Oman meeting reviews several important issues