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. China milk. Photo: Reuters BEIJING: China’s national market regulator instructed infant formula manufacturers on Thursday to conduct tests for the toxin identified in a global product recall, which has been linked to a Chinese biotech company. Since December, several manufacturers, including Swiss giant Nestle, have issued recalls of infant formula that could be contaminated … Read more

[ Shares of 345 companies were traded. At the end of the day, 75 stocks closed higher, 254 declined and 16 remained unchanged. PHOTO: FILE KARACHI: Hopes of further recovery were dashed at the Pakistan Stock Exchange (PSX) on Thursday as heavy selling pulled the benchmark KSE-100 index down by over 2,500 points. In the … Read more

[ KARACHI: State Bank of Pakistan (SBP) governor has urged banks to focus on expanding the agricultural borrower base, strengthening inclusion of small farmers and scaling up digital delivery channels to support sustainable growth in the farming sector. Jameel Ahmad noted that agriculture remained critical for improving farm productivity, supporting rural livelihoods and ensuring food … Read more

[ The central bank injected financing at a stable rate of 17.25% compared to previous injections made at 17.04% about a week ago. photo: Afp KARACHI: Pakistan’s startup ecosystem, once a headline-grabbing post-Covid-19 success story that attracted aggressive venture capital chasing growth and buzzworthy “disruption,” is now entering a more cautious and structurally different phase. … Read more

Screengrab from a video posted online shows Asim Azhar’s moment with a bouncer during a concert in Karachi. PHOTO: FACEBOOK/Pakistani Cinema During a recent performance at a university in Karachi this week, celebrated singer Asim Azhar made headlines not just for his music, but for his staunch defence of his audience. After a video went … Read more