Market Daily: KSE 100 settles at 43539.60 points, up 176.39
LAHORE: In a narrowly traded session, bulls came out as winners. The Pakistan Stock Exchange (PSX) saw no excitement from investors at...
Market Daily: Indices feel the heat post budget, sheds 271pts
Having lost 680.33 points intraday to reach levels of 43,386.63, market bulls tried hard to stage a recovery after noon. Their efforts paid off to some extent and the index ended short of 271.96 points at 43,795.00.
SaudiGulf Airline to commence operations in Pakistan
 -- The airline will offer the highest number of flights between the eastern province of Saudi Arabia and Pakistan
KARACHI: SaudiGulf Airlines – the...
CLSA to enter Pakistan’s brokerage & investment sector with investment in Alfalah Securities
In January, CLSA expressed keenness to enter the country’s banking sector, as it saw significant investment opportunities in Pakistan
PM invites foreign investors to explore economic, trade potential in Pakistan
ISLAMABAD: Prime Minister Shahid Khaqan Abbasi, on Monday, while speaking to a delegation of the International Federation of Freight Forwarders Associations (FIATA)...
Rupee continues to tumble, down 3.1 per cent
It is speculated that the rupee will continue to fall and is expected to be valued at around Rs180 by December 2020 against the US dollar.
RCCI hosts foreign dignitaries, business community
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) President Zahid Latif Khan hosted a dinner in honour of the ambassadors, high...
Market Daily: KSE 100 breaks 43,000 mark
LAHORE: The Pakistan Stock Exchange (PSX) closed positive for the second consecutive session, with the benchmark KSE 100 index gaining 244 points...
Revisions in aid to Pakistan unlikely to shake its finances: Moody’s
LAHORE: International rating agency Moody’s Investors Service (Moody’s) has maintained that Trump administration’s revision of US military aid is highly unlikely to...
7th NFC Award fails to give any policy in devolution of fiscal resources: IMF report
ISLAMABAD:Â The 7th National Finance Commission (NFC) Award has become redundant as it has failed to give any policy in terms of devolution...
SBP injects Rs1,141.7bn into money market
KARACHI: State Bank of Pakistan (SBP) on Friday injected Rs1,141.7 billion into money market for seven days as reverse repo through its...
PM establishes Cabinet Committee on Chinese Investment Projects
Committee will oversee and facilitate Chinese investment initiatives
Cabinet approves Rs100bn youth loan programme
Briefing the media about cabinet decisions here, Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said the cabinet held a thorough discussion on education policy and the new Rs100 billion youth loan programme.
Goldman Sachs says 1MDB scandal could hit pay for top executives
The U.S. Justice Department has estimated that a total of $4.5 billion was misappropriated by high-level 1MDB fund officials and their associates between 2009 and 2014, including some of the funds that Goldman Sachs helped raise
Ali Jahangir Siddiqui in hot waters once again as NAB expands investigation
Azgard Nine Limited, JS Global, Swiss Bank Julius Baer and Securities and Exchange Commission all alleged in illegal remittances worth €23.75 million.