SBP cuts key interest rate by 75bps to 12.50pc Â
Bank announces Rs5bn scheme to combat coronavirus
Motorbike, three-wheeler sales drop 9.6pc
ISLAMABAD: The sale of motorbikes and three-wheelers witnessed a decline of 9.68pc during the first eight months (July-February) of the current financial...
Stocks plunge over 1,000 points as coronavirus intensifies in Pakistan
KARACHI: After registering its biggest decline in a decade yesterday, the Pakistan Stock Exchange (PSX) continued with its downward trajectory on Tuesday,...
SBP to announce monetary policy todayÂ
KARACHI: The MoneÂtary Policy Committee of State Bank of Pakistan (SBP) will meet on Tuesday (today) to announce its decision on the...
Philippine Stock Exchange closed for indefinite period as coronavirus spreads
SINGAPORE: The Philippines halted stock, bond and currency trading until further notice, becoming the first country to shut financial markets in response...
Aramco says will tap inventories to raise output
DUBAI: Oil giant Saudi Aramco will syphon 300,000 barrels of crude per day from its vast stocks as it boosts output, its...
Wall Street dives, S&P 500 sheds $2tr in value
S&P 500 companies lost more than $2 trillion in value in the first few minutes of trading on Monday as investors panicked...
POL prices likely to be slashed by up to Rs25 per litre
ISLAMABAD: In light of 40pc decline in the price of Arab Light crude oil, Prime Minister Imran Khan has advised the Ministry...
Textile exports up 3.68pc in seven months
ISLAMABAD: Textile exports from the country during the first seven months of the current financial year grew by 3.68pc as compared to...
Crude oil falls below $30 as coronavirus spreads
LONDON: Brent and US crude fell below $30 on Monday as emergency rate cuts by the US Federal Reserve and its global...
Horticulture exporters fear huge losses amid border closures
ISLAMABAD: As borders have been closed and the services of international airlines have been suspended in wake of coronavirus outbreak, the exporters...
PM orders early privatisation of cabinet-approved institutions
ISLAMABAD: Prime Minister Imran Khan on Monday directed the Ministry of Industries to speed up the process of privatization of the institutions...
Stock market crashes as virus spreads in Pakistan
KSE-100 closes 2,375 points lower; marks biggest daily loss since 2009
SBP ready to take needed actions amid COVID-19 crisis
Keeping in view financial fall outs due to the coronavirus pandemic, the State Bank of Pakistan Governor Reza Baqir has vowed to...
Covid-19 scare: PSX nosedives as KSE-100 loses 2,200 pointsÂ
KARACHI: The Pakistan Stock Exchange (PSX) nosedived on Monday after the benchmark KSE-100 Index dropped over 2,200 points in the opening hours...