Business

Stronger dollar drags safe haven; rupee inches up vs dollar

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Recovers, allocates 230 acres via open tenders for business ventures

PASMIDA secures cooperation pledge as five-year agreement with JISMA paves way for local exhibition next year

Geopolitical tensions, budget jitters also fuel heavy stock selling

Half of capital will go to SoftBank data centres; Macron aims to make France AI leader

The price of 10 grams of gold also decreased by Rs3,773 to Rs404,459

Absence of positive signals from Strait of Hormuz and budgetary concern weigh on market sentiment

US crude futures up $2.88 to $90.24 a barrel as of 12:01pm PST, Brent futures rose $2.78 to $93.9 a barrel

Energy has become a weapon, supply chains are being redrawn and vulnerable economies like Pakistan stand exposed

Tax potential is Rs30tr if informal economy, real estate & others are documented

Digital inclusion not technical problem; it's design problem that can be fixed

A mid-level and high-earner now pay same top rate; ambition being taxed out of formal economy

Young freelancers built bridge to global economy; that bridge is now burning

GDP declines 0.1% as trade uncertainty, tariffs and falling investment pressure economy

KSE-100 index adds 6,119 points on US-Iran ceasefire extension

Pilot salary payments, healthcare disbursements using e-CNY; incentivises banks to boost usage

P@SHA calls for clear distinction between freelancers, remote workers

Trade agency said that the two sides will continue to advance their discussions on June 16-17 in Washington, DC

Tax collectors need Rs91.6b per day in June to salvage the year

Policymakers take steps to rein in prices; political pressure erodes trust

Current policy focuses on structural reforms, greater utilisation of local resources, less reliance on external chains

Chinese brands lead as nine full EVs, 11 plug-in hybrids prepare for launch

The price of gold rises by Rs1,300 per tola in Pakistan

Musharaka contracts at 11.5% dominate as banks manage short-term liquidity

KSE-100 index surges 2,238 points; FFC leads rally after signing $1.1b China deal

Over Rs640b transactions, 7.4m animals sacrificed as banks facilitate ATM access

Growth target 4.1%, employees demand 100% salary rise as IMF limits fiscal space

Central bank injects over Rs650b into banking system; gold falls despite global rebound

Beats OpenAI in battle for dominance in rapidly evolving AI sector

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Near-term supply likely to improve with arrival of import shipments in June

Iran war sends global yields to multi-year highs; investors fret over inflation shock, public debt

Narrows 3.4% to $82.4b in April; exports of goods jump 4.0%, imports increase 1.9%

KSE-100 settles past 173,000 level as FFC leads rally on $1.1 billion China deal

Brent crude futures for July fell 1.32% or $1.24 to $92.47 a barrel

Brent crude futures rise $3.51, or 3.72%, to $97.8 a barrel

Analysts see tighter policy with focus on revenue mobilisation, structural adjustments

SECP weighs swing pricing to encourage long-term equity investment

Policy designed to enhance agricultural output, adopt global farming practices

FAMSUN, Shandong Xinxu and CCCC reaffirm interest in agriculture, maritime and infrastructure projects

Such products help enhance exports and attract investment

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OpenAI CEO says he was initially concerned about tech's social, economic impact

Pound wavers throughout war; investors buy, sell safe-haven dollar

US stocks rose, European shares dipped; inflation fears grip investors

Turns to African soybean imports as local prices jumped 41% in a month

Sets up panel to address salary freeze issue of foreign-qualified professors

Developments sent Brent futures rising more than 2% in Asian trade to $98.21 a barrel

Index surges nearly 3,900 points over regional optimism, robust investor interest