Trump tariffs could sink Mexican peso to lowest point this year: analysts
Jesus Lopez, an analyst at the Banco Base, said it is difficult to envision a sustained appreciation of the currency because the country’s credit profile may continue to weaken.
ICCI concerned over 50 percent rise in external debt
Pakistan's external debt and liabilities have soared to a record level of $91.8 billion as per SBP’s latest report showing an increase of over 50 per cent.
Dollar settles unchanged while Yen takes a fall
NEW YORK:Â The dollar was little changed against a basket of currencies on Friday as monthly US job growth data was its strongest...
SoftBank to raise $100 billion fund every 2-3 years, spend $50 billion annually
TOKYO: SoftBank Group Corp plans to create a new $100 billion fund every two to three years and spend $50 billion annually,...
Stocks shed 65 points in range-bound trading
KARACHI:Â Unable to carry forward the winning momentum, the Pakistan Stock Exchange (PSX) ended the last session of the week in the red...
Market Daily: Bulls in control as Imran becomes PM
LAHORE: It was an exciting day for the investors of the Pakistan Stock Exchange (PSX) where bulls finally gave up on sleep...
ADB repurposes $50m for Pakistan to help combat Covid-19
ISLAMABAD: The Asian Development Bank (ADB) has repurposed $50 million from Pakistan's National Disaster Risk Management Fund (NDRMF) to support the government's...
PBC delegation meets Finance Minister, discusses business policy
ISLAMABAD:Â A delegation of the Pakistan Business Council (PBC) led by Ehsan Malik and Bashir Ali Mohammad met the Finance Minister, Dr Shamshad...
China provided Rs121 bn debt to Pakistan in first eight months
ISLAMABAD:Â China has given Rs121 billion debt to Pakistan in the first eight months of the current fiscal year 2017-18, it has been...
NSS mobilises savings worth Rs3.27bn, down 86.4pc
KARACHI:Â Savings mobilised by the National Savings Schemes (NSS) amounted to Rs3.27 billion in January, down 86.4 per cent from a year ago.
According...
Market Daily: PSX gains 163 points, closes in green post-Eid
LAHORE: As the Pakistan Stock Exchange (PSX) opened for a single session after the Eid holidays, trading remained dull. Investors preferred to...
Market Daily: PSX recovery on halt, sheds 87 points
The KSE 100 depreciated by 247.51 points to an intraday low of 41,750.01. The index lost 86.95 points and settled at 41,910.90.
Senate body to consider modalities for implementing special tax relief regimes
ISLAMABAD: The Senate Standing Committee on Finance, Revenue and Economic Affairs is all set to consider the issues of modalities for implementation...
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.
PM seeks details of loans taken in last decade
ISLAMABAD: Deeply concerned over the alarming rise in the country’s debt from Rs6 to 30 trillion in the past ten years, Prime...