HNL contemplating right shares issue of Rs140 million for Hum Mart
In late February, HNL had announced the incorporation of HM as its wholly-owned subsidiary and enter the online grocery business in Pakistan
Oil prices touch $64 a barrel, as North Sea pipeline issues continue
NEW YORK: Oil edged up toward $64 a barrel on Tuesday, helped by a North Sea pipeline outage, OPEC-led supply cuts and...
Dollar sheds Rs1.77 in two days, slips to Rs159.28
KARACHI: Continuing with the previous day's momentum, Pakistani Rupee gained another 81 paisas against the US Dollar in the interbank on Wednesday.
According...
HBL, CRBC sign accord for development of Rashakai SEZ
HBL and China Road & Bridge Corporation (CRBC) recently signed a memorandum of understanding (MOU) at the HBL office in Karachi.
Under the...
New power tariff likely to hamper textile exports
Due to the imposition of multiple surcharges, electricity tariff for Pakistan’s export sector has become highest in region
ADB to provide Pakistan $305m to fight pandemic
ISLAMABAD: The Asian Development Bank (ADB) will provide $305 million to Pakistan to deal with the coronavirus pandemic in the country.
This was...
KSE-100 drops 279 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Friday, with the KSE-100 Index failing to sustain gains and closing...
Apple pulls plug on AirPower wireless charging mat
SAN FRANCISCO: Apple has confirmed that it will not deliver on its promise of helping usher in a wireless future with an...
Oil jumps on China export bounce but long-term outlook remains weak
LONDON: Oil prices jumped on Thursday on news that China’s exports unexpectedly rose last month, and on the back of US output...
Oil prices dip, as US dollar surges
NEW YORK: Oil prices fell on Friday as the dollar surged following strong U.S. jobs numbers, though compliance with output cuts by...
Unemployment fuelling unrest in Arab states: IMF
WASHINGTON: Unemployment and sluggish economic growth are fuelling social tension and popular protests in several Arab countries, the International Monetary Fund said...
Bitcoin volatile ride continues, as futures trading set to commence
NEW YORK: The newest way to bet on bitcoin, the cryptocurrency that has taken Wall Street by storm with its stratospheric price...
Market Daily: KSE 100 drops as political temperatures set to rise
LAHORE: The Pakistan Stock Exchange (PSX) ended a range bound session in the red. With just one more day left for the...
China’s exports tumble, imports slow as coronavirus batters trade and business
BEIJING: China’s exports contracted sharply in the first two months of the year, and imports slowed, as the health crisis triggered by...
PSX reacts to Saudi aid, index gains 1,556 points
'Pakistan might get a $6-7 billion financial package from IMF in the wake of Saudi deal'
KARACHI: Bulls of the Pakistan Stock...