Italy’s Eni mulls exiting Pakistan after 20 years

The proposed plan includes disposal of Eni's producing assets in Bhit, Badhra and Kadanwari, as well as its processing facilities and several non-operating assets

Oil tops $42 as OPEC+ laggards pledge better compliance

LONDON: Brent oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC producers and...

Stocks extend losses amid lack of triggers

Despite a good start, KSE-100 settles lower by 100 points at 33,438.94

SBP raises Rs47bn from Sukuk auction

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs47.24 billion through the auction of the five-year Government...

Mango exporters welcome opening of borders with Iran, Afghanistan

--Iran allows six more Pakistani companies to export mangoes --PIA announces concessional air freight charges for mango exporters  ISLAMABAD: With the government's intervention, major...

SBP reserves rise by $11m to $10.1bn

KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $11 million to $10.107 billion during...

Bears dominate PSX as index sheds 308 points

'Political uncertainty amid emergency lockdown in different parts of the country caused investors to rethink their decisions'

Pakistan’s rice exports may surpass 4 million tonnes in FY20

With more orders during Covid-19, basmati exports surge 42.6pc in 11MFY20

Fearing food emergency, govt imposes Essential Services Act on utility stores

--Move to ensure union activities remain subdued and there are no strike calls during Covid-19 --USC Union chief says govt's decision is 'tantamount...

SBP raises Rs186.8bn from T-bill, PIB auctions

KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised a collective amount of Rs186.8 billion from the auction...

Oil falls on fears of more Covid-19 cases

LONDON: Oil prices fell on Wednesday on fears about fresh outbreaks of Covid-19 but prices drew some support from stimulus measures and...
ECC meeting

ECC approves Rs100m grant for locust control in Punjab

Committee okays Rs500m for media campaign on Covid-19; Rs4.5bn for capacity building of civil armed forces

Stocks lose 170 points amid political uncertainty

KSE-100 took a U-turn after BNP Mengal's decision to quit PTI alliance

Oil prices up 4pc on supply cuts, improving demand

IEA forecast oil demand at 91.7 million barrels per day in 2020, 500,000bpd higher than its estimate in May's report

Stocks rally 194 points to cross 34,000 mark

KARACHI: After a lacklustre start to the week, the Pakistan Stock Exchange (PSX) changed its path on Tuesday, with the benchmark KSE-100...