Foreign outflows reach $292m in April
KARACHI: Total gross divestment during April 2020 has reached $292 million, according to data released by the State Bank of Pakistan (SBP),...
SBP reserves drop $463m to $10.7bn
KARACHI: Foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $463 million to $10,722.5 million during the week...
PRCS, Humanetek settle dispute over mobile app Â
The Pakistan Red Crescent Society (PRCS) and Humanetek have amicably resolved their dispute over a mobile application and wished success to each...
Experts suggest duty-free import of sugar to curb cartelisation
LAHORE: Economic experts have recommended the government to lift the ban on sugar imports (allow duty free imports) and let the market...
Bulls regain control as KSE-100 accumulates 866 points
KARACHI: Bulls helped the Pakistan Stock Exchange (PSX) recover losses accumulated in the previous session, with the benchmark KSE-100 Index crossing the...
OPEC, allies to consider output cut after price crash
Top crude producers will hold a crucial teleconference on Thursday to discuss a possible cut in output after a collapse in demand...
Asian equities mostly rise as dealers eye slowing infection rate
Asian markets were mostly in positive territory Thursday following another strong day for Wall Street as traders buy into optimism that the...
Oil rallies as deal takes shape before key meeting
Oil prices extended gains Thursday after Russia signalled it was ready to cut output before a key producers' meeting aimed at boosting...
PSX completes pilot run of new surveillance system
KARACHI: The Pakistan Stock Exchange (PSX) successfully completed the pilot run of its new surveillance system in the last week of March...
SBP raises Rs458.8bn from T-bill auction
KARACHI: The State Bank of Pakistan (SBP) has reported that the government raised Rs458.8 billion through T-bills, against the auction target of...
Broiler chicken prices on the rise
LAHORE:Â Due to the improper supply, the price of broiler chicken price here in the provincial capital has increased by Rs21 per Kg...
10,000 Pakistanis unemployed in UAE after coronavirus outbreak
ISLAMABAD: Pakistani consul general in Dubai said on Wednesday that around 10,000 Pakistanis have lost their jobs in the United Arab Emirates...
Stocks drift lower amid lack of triggers
Benchmark KSE-100 sheds 260 points to end below 31,000-mark
Oil rebounds as hopes grow for output cut deal
Oil prices rebounded Wednesday as traders jockey for position ahead of a key producers' meeting this week aimed at cutting output to...
DRAP bars unlicenced companies from making sanitisers
The Drugs Regulatory Authority of Pakistan has said that the manufacturers with valid drug manufacturing licence (DML) or valid enlistment certificates (Form-6)...