KSE-100 surges 1,165 points as geopolitical tensions ease
KARACHI:Â It was a day of relief for investors at the Pakistan Stock Exchange (PSX) as the indices recovered losses accumulated in the...
Commercial airlines get higher fuel bills as they avoid Iran, Iraq
Tokyo: Airlines are getting higher fuel bills as they reroute flights to avoid airspace over Iran and Iraq due to recent heightened...
In a first, flour mills to cut prices despite shortage Â
LAHORE: For the first time in 72 years history of Pakistan,the Punjab Flour Mills Association (PFMA) on the request of the government...
Asian stocks, oil prices rebound amid lull in global tension
Asian stock markets and oil prices rebounded on Thursday as anxiety over potential US-Iranian conflict eased.
Tokyo's benchmark gained more than 2 per...
FBR to question 24,000 Pakistanis for hoarding dollars
LAHORE: The Federal Board of Revenue (FBR) has obtained the record of 24,000 Pakistanis who had bought dollars in bulk during the...
US, UK, China remain Pakistan’s top export destinations
The United States (US) has maintained its position as the top export destination for Pakistani products during the first five months of...
Strike by millions of workers in India hits businesses
NEW DELHI: Banking and other businesses across India suffered on Wednesday as millions of workers went on strike protesting the Hindu nationalist government’s...
SBP sells Rs95.7bn worth of PIBs
KARACHI:Â The State Bank of Pakistan (SBP) raised Rs95.67 billion through the sale of Pakistan Investment Bonds (PIBs) at an auction on Wednesday.
As...
Pakistan to export 500,000MT additional rice to China
ISLAMABAD:Â After successfully completing the export quota of 250,000 metric tonnes of rice to China, Pakistan would now export an additional 500,000MT of...
After 15-month lapse, govt all set to appoint PSO managing director
ISLAMABAD:Â The government is all set to appoint a managing director (MD) for the Pakistan State Oil (PSO), as the Petroleum Division, after...
SECP warns investors of third-party accounts, unlicensed brokers
ISLAMABAD:Â The Securities and Exchange Commission of Pakistan (SECP) on Wednesday issued a statement on its official Twitter handle, guiding capital market investors...
Bears dominate as KSE-100 drops 546 points
KARACHI: After recovering some losses in the previous session, the Pakistan Stock Exchange (PSX) fell back in the grip of bears as...
FBR clarifies news about significant reduction of taxes on import of smart phones
ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday issued a clarification that according to Government’s Digital Pakistan Initiative, the government is...
Gold and oil prices jump, stocks down after Iran attack on US troops
Escalating geopolitical risk has increased oil and gold prices while Asian stock markets plummeted following firing of Iranian missiles at US airbases...
Euronet Worldwide to work with Visa in bolstering the Visa Fintech Fast Track programme in CEMEA Â
DUBAI: Visa (NYSE: V) on Wednesday announced Euronet Worldwide, a leading global financial technology solutions and payments provider based in Dubai, is...