Dollar rises for second day as U.S., Canada end talks with no deal
The greenback is on track to end the month of August on a positive note, up about 0.6 percent amid trade tensions
SECP, US Department of Justice hold workshop on securities’ fraud
ISLAMABAD:Â In collaboration with the US Department of Justice, the Securities and Exchange Commission of Pakistan organised a workshop on securities and commodities...
SBP announces five-fold increase in payment limit for freelancers
KARACHI: The State Bank of Pakistan (SBP) has dramatically increased payment limits for freelancers working in the digital and IT sector, and...
Why the Pakistan Banao Certificates are a bad investment
My first job out of college was at a brokerage firm in New York whose offices were just two blocks north of...
Market Daily: KSE 100 closes red on weak corporate results
LAHORE:Â Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a...
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SBP reserves fall 2.4pc, stand at $8.8bn
The foreign exchange reserves held by the central bank declined 2.43pc on a weekly basis and were recorded at $8.8 billion, according...
IMF links Pakistan bailout talks to FATF gray list
As Pakistan and the International Monetary Fund (IMF) insisted that they will meet again in coming weeks, sources close to the negotiation...
SECP chairman’s appointment challenged in LHC
KARACHI: A petition has been filed in the Lahore High Court (LHC) against the appointment of Shaukat Hussain as chairman Securities and...
Islamic Banking Industry’s assets grow by 12.4pc
ISLAMABAD: The Islamic Banking Industry (IBI) has grown considerably as its assets witnessed a growth of 12.4 per cent by the end...
Pakistan, several other countries likely to get Paris Club debt relief
Pakistan and the number of countries to get Paris Club debt relief this year under a deal with the G20 is set...
PSX ends 220 points higher despite early tremors
KARACHI: The Pakistan Stock Exchange (PSX), after witnessing a volatile trading session, managed to close in the green.
As per news reports, a team affiliated...
Cabinet endorses gas tariff hike proposed by ECC
ISLAMABAD:Â The federal cabinet on Thursday endorsed a hike in gas tariff and other decisions taken by the Economic Coordination Committee (ECC).
The meeting...
PSX set to launch ETF this year: Morin
KARACHI: Pakistan Stock Exchange (PSX) CEO Richard Morin said on Thursday an exchange-traded fund (ETF) will be launched on the bourse in the second...
Bears in control as KSE-100 sheds another 380 points
KARACHI: Bearish sentiments surrounded the Pakistan Stock Exchange (PSX) on the last trading session of the week, as indices bled all day...