Attack on PSX thwarted, all four terrorists killed: Rangers

Trading was not halted and continued smoothly, responsibility for the attack was claimed by the Balochistan Liberation Army (BLA) on Twitter

‘Trade diplomacy’: Pakistan to gift mangoes to heads of states

'The initiative has a well-defined objective to further strengthen diplomatic relationships with friendly countries, besides introducing the fruit to new markets'

Business community resents ‘exorbitant hike’ in POL prices

--Lahore chamber fears an increase in cost of doing business; calls for reduction in petroleum taxes --ICCI chief criticises timing of decision,...

SBP reserves fall below $10bn

KARACHI: The net foreign exchange reserves held by the State Bank of Pakistan (SBP) decreased by $146 million to $9.961 billion during...

Oil slips towards $40 on record US inventories, Covid-19 fears

LONDON: Oil slipped towards $40 a barrel on Thursday after a more than 5pc fall the previous session, as record-high US crude...

Stocks fall 325 points as selling pressure persists

KARACHI: In line with the downtrend witnessed in global stock markets, the Pakistan Stock Exchange (PSX) remained in the negative territory throughout...

Covid cut: SBP slashes interest rate to 7pc

--This is the fifth rate cut since coronavirus pandemic hit the global economy, with total reduction being 625bps in the last 100...

SBP sells Rs112bn worth of PIBs

KARACHI: The State Bank of Pakistan (SBP) has raised Rs112 billion through the sale of Pakistan Investment Bonds (PIBs), according to a...

Gold price jumps Rs2,000 to 105,100 per tola

Price of 10-gram gold reaches Rs90,106

Stocks end flat amid dull, directionless trade

KARACHI: After cumulatively adding around 600 points in the first two days of the week, the Pakistan Stock Exchange (PSX) moved within...

PSX appoints Nadir Rahman as chief operating officer

KARACHI: Nadir Rahman has joined the Pakistan Stock Exchange (PSX) as its Chief Operating Officer (COO), according to a statement issued by...

WTO predicts 18.5pc fall in global trade in 2Q

'While trade volumes will register a steep decline in 2020, they are unlikely to reach the worst-case scenario projected in April'

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...