Following another positive session, KSE-100 gains 2,537 points in week

KARACHI: The Pakistan Stock Exchange witnessed a volatile session on the last trading day of the week, as the indices swung in both...

Oil slumps more than 4pc on trade tensions

LONDON: Oil prices slumped more than four per cent Thursday on growing trade tensions, which have deepened over the US blackballing Chinese telecom...

Wall Street tumbles over 1pc on trade, growth fears

Technology, among sectors most exposed to China, was the hardest hit US stock indexes fell more than 1pc on Thursday, as investors...

British Airways to resume flight operations to Pakistan next week

ISLAMABAD: British Airways (BA) will resume its flight operations to Pakistan from 2nd June, it was learnt on Thursday. The airline suspended its operations...

Fitch forecasts stability in Pakistan following tough economic decisions

The US-based research house expects SBP to maintain its benchmark interest rate at 12.25pc throughout the year Fitch Solutions, a US-based global research...

Bull run continues at PSX, index ends 977 points higher

KARACHI: Bulls of the Pakistan Stock Exchange (PSX) were once again successful in conquering the market, as the indices continued on the upward...

Turkish giant Arçelik eyes further expansion in Pakistan

The chief technology officer of Arçelik, the largest Turkish enterprise, visited Pakistan on an official visit from 14th to 16th of May,...

US official acknowledges consumers will pay some tariff costs

WASHINGTON: US Treasury Secretary Steven Mnuchin on Wednesday acknowledged that consumers may pay higher prices as a result of the steep tariffs imposed...

Govt to facilitate exploration companies under new petroleum policy: PM

Kuwait Petroleum evinces keen interest in expanding business activities in Pakistan ISLAMABAD: Prime Minister Imran Khan said on Wednesday that the government was...

Petroleum Division grants oil exploration licence to Kuwaiti firm

The Petroleum Division has granted Kirthar Pakistan BV — a subsidiary of Kuwait Foreign Petroleum Exploration Company (Kufpec) — the license for...

Jewellery exports drop 22pc in 10 months

ISLAMABAD: Jewellery exports from Pakistan decreased by 22.47 per cent during the first ten months of the current fiscal year as compared to...

Prepare for difficult times, China’s Xi urges as trade war simmers

BEIJING/WASHINGTON: China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state...

Bulls take charge as KSE-100 closes 1,195 points higher

Index records highest single-day gain for 2019 KARACHI: After days of volatile trading, the Pakistan Stock Exchange (PSX) made a much-needed recovery...

KSE 100 jumps 1,055.41pts, anticipates Pakistan’s greylist removal

The KSE 100 index has gained 1,055.41 points in the very first hour of the trading session here on Wednesday

Who pays Trump’s tariffs, China or US customers and companies?

US President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States. But...