Business

Both contracts fell over $1 in earlier trade

Industrial surplus cannot be created unless factories are provided with latest machinery

Higher agricultural production is required to tackle food inflation

Semi-depleted fields, LNG land terminals can be used for building storages

Skill development, mentorship for entrepreneurs can accelerate journey towards prosperity

Policy will lead to market distortion by subsidising consumers at expense of farmers

They enjoy high premium in China and are listed as high-end snacks

Shipment for October is 65% more expensive than furnace oil available in the country

Say country can lift auto part exports to $300m over next five years

Imports surge, exports dip for third successive month

New plant in Shanghai aims to expand capacity amid global chip shortage

Minister says steps are being taken to resolve their issues

Resurgence in infections weighs on demand at restaurants, hotels

Current account, inflation concerns drag index 179 points lower

Cheapest developed land is being doled out to industrialists and start-ups to immediately launch their projects

Finance minister says provinces should share financial burden

Also decides to enhance penalties by 300% against those unwilling to integrate system with FBR

In early September, the rupee became the worst-performing currency in Asia

The move to clean technologies comes as Tesla Inc is gearing up to enter India

Company board not willing to take risk of NAB investigation

Joint venture will set up low-cost passenger airline serving domestic and international routes from Pakistan

Benchmark KSE-100 index gains 0.12% to settle at 46,957.47

Currency drops to 13-month low of 166.98 to a dollar in inter-bank market

SDR allocation from IMF lifts reserves to historic highs

Government unable to take decision regarding excess capacity of LNG terminal

Delay in release of tax refunds sparks challenges for manufacturers

Suspects two major companies were involved in price collusion

Finance ministry says depreciation, not borrowing, added 20% to public debt

Financing risk of banks will be secured through mortgage of project land based on specific arrangements with builders

President Alvi urges businessmen to prepare to capitalise on emerging opportunities

Petroleum Division says refineries invested Rs200b in projects

Benchmark index sheds 510.40 points to settle at 46,903.06

SDR allocation from IMF lifts reserves to historic level

PM aide presses exporters to step up efforts to achieve target

New passenger car fleet to be carbon dioxide-neutral

Many market players remained cautiously positive

Demand for foreign currency remains high in country

Stresses cooperation between federal, provincial governments

Requests assistance of attorney general office to vacate multiple intra-court appeals of oil firms

Group will release 400,000 bpd to market in Oct after doing so in Sept

Pace of increase in prices of non-food items slows but food inflation remains high

May allow increase of Rs1.37 per unit on account of fuel cost adjustment

President says steps being taken to improve business environment

Ministries complain firm not using national entities for transport of POL products

Benchmark index edges down 6.28 points to settle at 47,413.46

Relies heavily on foreign inflows to build foreign exchange reserves, pay debt

Collection at import stage contributes 55% of total revenues

China’s largest e-commerce platforms include Alibaba’s Taobao and Tmall marketplaces, JD.com and Pinduoduo

It has depreciated 9.2% since hitting recent high of 152.28 on May 14, 2021

Zoom will need to find new avenues for growth