SBP likely to yield to IMF demands, raising interest rates again
KARACHI: According to analysts, the central bank of Pakistan is likely to raise its key interest rate again in response to persistently high inflation,...
Market Daily: A glimmer of hope for investors at PSX, up 261.42 points
LAHORE: Driven by Thursday’s inertia, the KSE 100 index was off to a weak start at open and after falling to fresh lows the...
Pakistan has the potential to add $60bn to economy with digital transformation
Pakistan is seeking to transform its economy through digitalization, and a recent round table conference in Islamabad organized by the Ministry of Planning, Development,...
CPEC to ensure prosperity in Pakistan: Governor
LAHORE: Punjab Governor Malik Muhammad Rafique Rajwana said on Monday that China-Pakistan Economic Corridor (CPEC) would prove to be a game changer and ensure...
Pakistan facing obstacles to achieving self-reliance
Writing for Dawn, author Mansoor Hassan Khan discusses Pakistan's external debt and its reliance on multilateral financial institutions (MFIs) and aid agencies for financing.Â
According...
US regulator sues top crypto exchange Binance, CEO for ‘willful evasion’
The world's biggest crypto exchange Binance and its CEO and founder Changpeng Zhao were sued by the U.S. Commodity Futures Trading Commission (CFTC) on...
Transport corridor projects to create economic surplus: WB report
ISLAMABAD: A report launched by the World Bank Group (WB) here on Thursday revealed that investment in transport corridors is expected to create large...
Pakistani authorities seek “Plan B” amid uncertainty over IMF program
ISLAMABAD: On Wednesday, the United States inquired with Pakistan about its backup plan in case the International Monetary Fund (IMF) program concludes next week...
Bank of Punjab, NCMCL join hands for EWR project to support farmers against storage of agri commodities
KARACHI: The Bank of Punjab (BoP) and Naymat Collateral Management Limited (NCMCL) have signed a memorandum of understanding (MoU) for the development of Electronic...
For nth time, Dar claims staff-level agreement right around the cornerÂ
The finance minister’s promises seem to have stopped giving confidence to the markets which continued to show negative trends.Â
Slowdown in venture capital funding spells trouble for Pakistan’s startups
Writing for Dawn, author Mutaher Khan explains that the startup ecosystem in Pakistan was thriving just over a year ago, with investment surging more...
Analysts estimate increase of Rs6 per share to ASTL after SITE expansion
LAHORE: In Amri Steels Ltd's (ASTL) latest notice to the exchange it had informed about finalisation of its plans regarding the Balancing, Modernisation and...
China’s exports tumble in May as global demand falters
China's exports shrank much faster than expected in May and imports fell, albeit at a slower pace, as manufacturers struggled to find demand abroad...
Once booming Indian startups set for more pain as funding crunch worsens
A funding squeeze at Indian startups that has already led to layoffs and delayed stock listings is set to worsen as investors reckon with...
Market Daily:Â Ongoing rally sees KSE-100 rake in 2,130 pointsÂ
The Pakistan Stock Exchange (PSX) continued its winning streak as the equity market stretched Wednesday’s rally, gaining 898 points (2.19 per cent) to close the day at 41,796.
