UK electric van startup Arrival to get US listing at $5.4bn valuation
LONDON: British electric van startup Arrival has agreed to merge with CIIG Merger Corp to get a US listing at a market...
Stocks shed 138 points amid lack of triggers
KARACHI: The Pakistan Stock Exchange (PSX) was back in the negative territory on Wednesday, with the indices failing to maintain yesterday's momentum...
Finja gets SECP approval to launch P2P lending platform in its regulatory sandbox
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has granted approval for launch of a Peer-to-Peer (P2P) Lending Platform under the...
Bulls lift KSE-100 by 147 points
KARACHI: Bulls took charge of the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark index closing positive despite further contraction in...
PKR is Asia’s third-best and EM’s fifth best-performing currency
KARACHI: After registering approximate gains of 5.94pc this fiscal year, the Pakistani Rupee now stands as Asia's third-best and Emerging Market's fifth-best...
Stocks slip as investor sentiment wavers
KARACHI: Pakistan Stock Exchange (PSX) moved in a narrow range on Monday, with the benchmark index failing to sustain gains amid weak...
FBR to probe service providers involved in lavish ‘Rs2bn wedding ceremony’
ISLAMABAD: The tax department has been asked to probe service providers involved in the lavish arrangement of the social media dubbed "Rs2...
Dollar falls to eight-month low against rupee
KARACHI: Pakistani Rupee continued with its winning streak against the US Dollar, gaining 17 paisas in the interbank market on Friday.
According to...
Oil falls on coronavirus surge but on track for weekly gain
LONDON: Oil prices fell on Friday, pressured by fears about a slow recovery in the global economy and fuel demand due to...
Stocks close flat on lack of triggers
KARACHI:Â The Pakistan Stock Exchange (PSX) witnessed a turbulent session on Friday, with the indices swaying both ways in search of a clear...
SBP reserves surge $558m to $12.7bn
The State Bank of Pakistan's foreign exchange reserves rose 4.57pc on a weekly basis, data released by the central bank read.
On November...
Rupee ascend continues as dollar slips to Rs158.33
Pakistani Rupee maintained its winning run against the US Dollar for 21st consecutive day, gaining another 16 paisas in the interbank market...
Bears dominate trading as PSX sheds 632 points
KARACHI: Bearish sentiments prevailed at the Pakistan Stock Exchange (PSX) on Thursday, with the indices accumulating losses all day long while volumes...
SECP mulls regulating digital, virtual assets
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Wednesday published an outline of digital assets to seek proposals for regulating...
Car sales rise 25pc YoY in October
ISLAMABAD: Car sales in Pakistan rose 25 per cent to 11,997 units in October 2020, as against the sale of 9,566 units...