SBP reserves cross $11.5bn markÂ
KARACHI: The foreign exchange reserves held by the State Bank of Pakistan (SBP) increased by $14.3 million on a weekly basis.Â
According to...
No agreed target for exchange rate under IMF programme: SBP
KARACHI:Â The State Bank of Pakistan (SBP) on Friday issued a series of tweets through its official Twitter handle, clarifying that the exchange...
Showroom of Pakistan’s first electric car company inaugurated in Lahore
LAHORE: Pakistan in collaboration with China recently introduced the first-ever electric car company, Topsun Motors, in Lahore.
Punjab Minister for Housing, Urban Development...
Samsung, BMW join hands to make 5G powered car
SEOUL: Samsung and BMW have joined hands to make 5G powered car by 2021. The BMW announced that 2021’s BMW iNEXT will...
Jubilee Life Insurance sells 355,000 shares of Highnoon Laboratories
KARACHI: The Jubilee Life Insurance Company Limited on Friday disclosed that it sold 355,000 ordinary shares on January 9, 2020 of M/s...
PSX Director Shahnawaz Mahmood tenders resignation
KARACHI: Shahnawaz Mahmood, the Director of Pakistan Stock Exchange Limited tendered resignation with immediate effect.
According to a notification published on PSX website...
World stocks scale records on easing of Mideast tensions
NEW YORK:Â Crude prices slid and equity markets around the world set new highs on Thursday as investors took on greater risk in...
Oil slips as focus shifts from Iran tensions to US crude stocks
LONDON:Â Oil prices retreated further on Thursday after sharp losses in the previous session, as the market shifted its focused towards rising US...
PSX kicks off mock trading competition for students
KARACHI: The Pakistan Stock Exchange Ltd (PSX) held an opening ceremony for the ‘PSX Stock Challenge’ on Thursday at the exchange's main trading...
Economic recovery expected by end FY20: MoF
'Govt expects to achieve higher growth rate than World Bank projections'
Shahid Salim Khan takes charge as OGDCL managing director
The state-owned oil & gas giant was being run by acting and caretaker heads for the last six years
Tractor sales drop 40pc in first half of FY20
'Govt must provide some relief and breathing space to the industry for its partial revival'
KSE-100 surges 1,165 points as geopolitical tensions ease
KARACHI:Â It was a day of relief for investors at the Pakistan Stock Exchange (PSX) as the indices recovered losses accumulated in the...
Commercial airlines get higher fuel bills as they avoid Iran, Iraq
Tokyo: Airlines are getting higher fuel bills as they reroute flights to avoid airspace over Iran and Iraq due to recent heightened...
In a first, flour mills to cut prices despite shortage Â
LAHORE: For the first time in 72 years history of Pakistan,the Punjab Flour Mills Association (PFMA) on the request of the government...