SBP sells Rs109.6bn worth of PIBs
KARACHI:Â The State Bank of Pakistan (SBP) has raised Rs109.6 billion through the sale of Pakistan Investment Bonds (PIBs), according to a statement...
BOK posts Rs1.3bn profit for 2019
PESHAWAR: The Board of Directors of The Bank of Khyber (BOK), during its 160th meeting on Wednesday, reported a Rs1,306 million profit...
Senate body recommends wheat support price at Rs1,400
ISLAMABAD:Â Senate's Standing Committee on National Food Security & Research on Wednesday recommended fixing minimum wheat support price at Rs1,400 per 40kg to...
Bearish spell continues as KSE-100 sheds 293 points
KARACHI: Bearish trend continued at the Pakistan Stock Exchange (PSX) on Wednesday, as the indices remained in the negative zone for most...
TDAP, exporters to hold consultations on Pak-UK trade enhancement
LAHORE:Â The Trade Development Authority of Pakistan (TDAP) has prepared an eight-point agenda to capture the United Kingdom market and in this regard,...
Fed cuts benchmark rate by 50bps as coronavirus spreads
The United States Federal Reserve slashed the benchmark US interest rate by half a percentage point on Tuesday, which marks the biggest...
PAMA opposes formulation of ‘local standards’ for vehicles
ISLAMABAD: A tug of war has started between the Ministry of Science & Technology (MoST) and manufacturers/assemblers of vehicles, as the auto...
Bears back in control as index closes in red
KARACHI:Â The Pakistan Stock Exchange (PSX) failed to carry forward its bullish momentum from the previous session, with the indices ending in the...
Cement companies report significant drop in half-year revenue
LAHORE: Cement companies have declared a significant loss in their profit during the first six months (Jul-Dec) of the ongoing fiscal year...
BMW, Daimler aim to cut emissions 20pc this year with new electric models
FRANKFURT: New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20pc this...
‘Pakistan to come out of FATF grey list in June’
Shibli Faraz lauds improvement in economic indicators, sees reduction in interest rate after June 2020
Inflation slows to 12.4pc: PBS
ISLAMABAD: The country’s consumer price inflation slowed to 12.40 per cent in February 2020 as compared to the same month of last...
KSE 100 records 4th highest points gain since 2010
KARACHI: Maintaining a bullish trend, the Pakistan Stock Exchange (PSX) on Monday gained over 1,000 points to cross the 39,000 mark in...
PSX witnesses biggest weekly fall in three years
KARACHI: The Pakistan Stock Exchange (PSX) dropped 2,265 points or 5.6pc to its three-year low during the outgoing week (Feb 28).
The KSE-100...
Pharma exports up 4.5pc in seven months
ISLAMABAD: The export of pharmaceutical goods from the country witnessed an increase of 4.49pc during the first seven months of the current...