Business

China may issue 6 trillion yuan in bonds to boost its economy, but unclear details are dampening investor sentiment.

Says heavy-handed measures are hurting businesses, calls for immediate end to harassment

HSD will rise from Rs246.29 to Rs251.29 per litre while price of petrol will remain steady at Rs247.03 per litre

PKR marginally declines against USD, depreciating 0.03% to close at 277.74 in the inter-bank market

Rupee rises to Rs278.10 against the USD but falls to Rs302.98 for the euro.

Mini-budget looms as Q1FY2024-25 target missed despite taking advances

Chinese firm Modern Ceramics to invest Rs8 billion in Punjab for a premium sanitary products facility.

Independent bank will help reduce reliance on Western currencies, promote trade

Prices fall 2% as report projects world oil demand will rise by 1.93 million barrels per day

Fan will lead consultation for new partnership strategy to lift growth, boost competitiveness

Ignite sponsors 10 innovative startups at Dubai tech exhibition

KSE-100 index drops 222 points as political noise, foreign outflows weigh

Funds will help execute 'SAFER' initiative over course of 3.5 years

Study highlights importance of connectivity in regional prosperity

PKR remains relatively stable, inching down against USD in the interbank market to close at Rs277.66

Five of the 11 sectors inched higher as Tech shares lead, gaining 1.5%. Energy fell 0.4%, tracking lower oil prices

Roshan Digital Accounts exceed $8.749 billion in remittances, with overseas Pakistanis investing $1.532 billion.

Rising imports risk a BoP crisis, IMF bailouts, making it crucial to rethink import strategy

Excessive govt spending, borrowing and footprint cause economic freedom to fall

USD trades at Rs278.05 for buying, GBP at Rs363.12.

If structural constraints remain unaddressed, Pakistan may seek another loan

It will slow down tech evolution, impact global trade in electric vehicles

Investors have limited choices: stay in fixed income, invest in taxed property, buy gold, or turn to equity

Economists, traders demand 300 basis point reduction to reignite investment

Pakistan faces $30.35 billion in foreign debt repayments and interest in the coming year, prompting economic reforms.

Other fuel costs also expected to rise as working paper draft is underway for price adjustments

Urge govt to balance security with economic well-being

New measures will slash costs for IMF members by $1.2b annually

Despite foreign selling, KSE-100 index rises 1,951 points and settles at 85,483

Says order will harm company, spark serious safety, security and privacy risks

Plans increased debt issuance to support low-income households, property market

Delays first 777X jet as strike hits finances

China warns EU against separate EV price talks, citing risks to bilateral negotiations and mutual trust concerns.

Claim even after exports, surplus sugar will meet one month of consumption

Target for previous financial year was set at Rs235 billion, but province managed to collect Rs237 billion

US aircraft manufacturer has been impacted by month-long strike of 33,000 West Coast workers halting jet production

Acknowledges risk of its loan programme going off track

KSE-100 index adds 30.18 points, settles at 85,483.40

Australia pledges AUD 3 million to boost Pakistan's climate-resilient water management.

Say boilers firing up by Nov will benefit growers impacted by climate change

Ogra cuts RLNG prices by up to 7.11% for October 2024, due to lower Delivery Ex-ship rates

Forex reserves hit 30-month high, remittances and exports bolster rupee

Online retail payments surge 84% on changing preferences, tech adoption

ECC allows shipment of 500,000 tons based on contradictory summaries

SPI slows down after two consecutive weeks of increase

Govt pledges to limit powers of SIFC, PSWF

Last month, price hit an all-time high of Rs277,000 per tola

Out of 435 companies traded, 130 registered an increase, 251 saw a decline while 54 remained unchanged

Petrol and diesel prices expected to rise by Rs5 and Rs13 per litre due oil price increase in the international market

Lower interest rates fail to give boost to demand for cars