Housing finance among top priorities of SBP: Dr Reza Baqir

SBP governor chairs first meeting of Steering Committee on Housing and Construction Finance

Oil up after Trump assurance on China trade deal

LONDON: Oil prices rose on Tuesday in a volatile session after US President Donald Trump soothed jangled nerves over the status of...

Stocks extend rally with 314-point gain

KARACHI: Bullish trend continued at the Pakistan Stock Exchange (PSX) on Tuesday, as the indices kept accumulating gains throughout the day despite...

Two companies issued show cause notices over deceptive marketing practices

As per CCP's report, SM Food Makers and Volka Food Int'l were deceptively copying the trademark of various products belonging to Ismail Industries Ltd

PSX calls for reduction in Capital Gains Tax

The exchange recommends CGT rate be brought down to 10pc for short-term investments, and be made nil for long-term investments

Surge in gas tariffs likely to trigger jump in urea prices

ISLAMABAD: As gas companies have sought up to 100pc hike in their tariffs, the fertiliser industry may also increase the price of...

SECP gets re-elected to IOSCO board for 5th consecutive term

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has been re-elected to the International Organization of Securities Commissions (IOSCO) Board for...

Stocks rebound with 298-point rally

Recovery was led by fertiliser, oil & gas exploration and power generation & distribution sectors

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'