Oil prices fall as economic growth worries spread

International Brent crude oil futures were at $62.26 per barrel at 0410 GMT, down 48 cents, or 0.8 percent, from their previous close

Cost to insure Tesla debt reaches highest price ever

It cost about $71,300 to insure $1 million of the electric carmaker’s debt, plus an upfront cost of around 22.45 percent, which was also at an all-time high, representing a total of 29.58 percent of the face value of the company’s 2025 junk bond, or around $295,000

TPL Life: A matter of perception

TPL-Life pioneering of instant scratch card concept life and health insurance backed by technology and ease of enrolment is a source of pride for the company

Why funding is no object for Pak-Qatar Investment

Backed by very strong sponsors, from amongst Qatar’s royals, the company has never faced any issue in calling capital

Market Daily: PSX rallies up as rupee devalues

LAHORE: The KSE 100 index extended its rally from Tuesday’s session on the back of the depreciated rupee after the central bank...

FPCCI appoints Muhammad Kamran Saleem as Takaful Standing Committee Chairman

KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has appointed Pak-Qatar Takaful Group (PQTG) Chief Financial Officer (CFO) and...

Global insurers start offering services against cryptocurrency theft

NEW YORK: Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...

NADRA reduces microfinance verification cost under NFIS

ISLAMABAD: National Database and Registration Authority (NADRA), on the recommendation of Technical Committee on Insurance, formed under the National Financial Inclusion Strategy (NFIS),...

PICIC insurance set to merge into Crescent Star Foods

LAHORE: A bourse notification Tuesday filed by PICIC Insurance revealed the company's board of directors had approved its merger with Crescent Star...

PSX isn’t doing well because the regulator is over-regulating: Financial analysts

The key dilemmas facing Pakistan’s equity market — a small investor base, few new listings on the Pakistan Stock Exchange (PSX), and shrinking...

Crescent Star Foods set to become 1st food chain to get listed on stock exchange

KARACHI: Crescent Star Foods (Pvt) Limited has slowly been plotting its move into the food sector and what was once a general...

Regulations impending investments from private equity funds: Experts

KARACHI: A consultative workshop “Pakistan private equity regulatory regime” was held on Thursday by USAID in partnership with Securities and Exchange Commission...

Commerce ministry proposes Khursheed Shah’s nephew name for NICL chief

ISLAMABAD: Ministry of Commerce (MoC) has proposed the name of Syed Khursheed Shah’s nephew Rafeo Bashir Shah for the slot of National...

NICL CEO tenders notice of resignation to the board

ISLAMABAD: Allegedly involved in the recruitment of nine senior officials at National Insurance Company Limited (NICL), NICL Chief Executive Officer (CEO) Captain...

Commerce ministry removes CEO, nine senior officials of NICL over allegations

ISLAMABAD: The Ministry of Commerce has now removed Chief Executive officer (CEO) and nine senior officials of National Insurance Company Limited (NICL)...