KSE-100 gains another 603 points as rally continues
KARACHI: Stocks rallied on the first trading session of the week, as the indices continued to accumulate gains amid increased market participation. Foreign investors...
NBP’s half-year profit surges 36.8pc to Rs15.2bn
ISLAMABAD: The National Bank of Pakistan's Board of Directors on Wednesday approved the condensed interim financial statements of the bank for the half-year ended...
SBP may object to making ‘Wealth Fund’ for privatising PSEs: economists
ISLAMABAD: While the finance minister-in-waiting Asad Umar has claimed that his government during its first 100 days, will create a ‘wealth fund’ to park around...
CDNS gains Rs23 billion target in islamic finance, sets Rs40 billion goal for FY 2024-25
National Savings aims to boost Islamic finance sector and promote saving culture with new targets
Pakistan to inadvertently suffer if world goes to ‘trade war’
KARACHI: US President Donald Trump is embarking on a journey to adopt protectionist policies which might result in a global trade war. Although Pakistan...
How tech brands are digitally hammering global FMCG giants
According to a Foreign Policy report, the cash that Apple has on-hand exceeds the GDPs of two-thirds of the world’s countries
NA panel criticises government for not increasing cigarette prices
“It is unfortunate that recommendations were made by the committee and the state minister had assured to abolish the third tier on cigarettes – but it did not happen in the budget” PANAH Dr Wajid Ali said.
Pakistan’s agriculture sector records notable improvement: ADB
ISLAMABAD: In Pakistan, agriculture recorded a notable improvement over the previous fiscal year and surpassed the Asian Development Bank’s annual growth target of 3.5...
Yen falls, Australian dollar gains as U.S.-China trade angst eases
Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.
Pakistan prepares to open banking channel with Iran
ISLAMABAD: While Pakistan remained cautioned and reluctant to increase trade ties with Iran during the past four years because of international trade sanctions on the...
With pandemic abating, Naspers backs Bykea in $13mn Series-B round
ISLAMABAD: What do you do when you are a startup and you have survived a ruthless pandemic? If you are Bykea, you raise $10...
Nestlé Pakistan records 4.24pc revenue growth in H1 2018
KARACHI: Nestlé Pakistan recorded a revenue growth of 4.2 per cent for the six months ended on June 30, 2018 with an overall increase...
After $1.4b approval, IMF puts on hold $6b EFF programme
ISLAMABAD: In the wake of coronavirus pandemic and disbursement of $1.386 billion under the Rapid Financing Instrument (RFI) to help Pakistan address the economic...
APTMA sends budget proposals to finance minister
KARACHI: In its budget proposals, the All Pakistan Textile Mills Association (APTMA) has said that the availability of electricity at regionally competitive prices is of the utmost...
Market Daily: Cements, E&Ps push KSE 100 by 400 points
LAHORE: The Pakistan Stock Exchange (PSX) had a lazy start to the week with narrow volumes. With lawmakers playing the number game as they...
