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Daily Times - Business

US factory activity near 14-year high; home sales rise in December - Daily Times

US manufacturing activity surged to its highest level in nearly 14 years in early January, but bottlenecks in the supply chain caused by the COVID-19 pandemic are driving up prices and signaling a rise in inflation in the months ahead. Other data on Friday showed an unexpected increase in sales of previously owned homes in […]

Dawn - Business

IFAD plans $500m fund for small farmers

Small farmers “do little to cause climate change, but suffer the most from its impacts,” says IFAD president.

Dawn - Business

Morgan Stanley CEO gets $6m pay raise

Morgan Stanley directors based the decision on the firm’s record financial performance in 2020.

Dawn - Business

Reward for whistleblowers notified by FBR

The reward for officials/officers will be a two-year salary in cases of detecting tax evasion, completing adjudication process.

Daily Times - Business

PSX likely to trade in green next week due to positive indicators - Daily Times

The Pakistan Stock Market is likely to stay in green during the next week owing to the central bank’s decision to keep policy rate unchanged at 7 percent. Analysts at Arif Habib Limited hoped that the market to trade in green due to following reasons: the central bank keeping policy rate unchanged while also hinting […]

Daily Times - Business

Yellen nomination sails through Senate panel; final vote set for Monday - Daily Times

The US Senate Finance Committee on Friday unanimously approved Janet Yellen’s nomination as the first woman Treasury secretary, indicating that she will easily win full Senate approval, but Republicans called for her to work with them in developing economic policies. The full Senate will vote on Yellen’s nomination on Monday, Senate Majority Leader Chuck Schumer […]