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Amazon faces nationwide strike amid holiday rush
Management says most strikers are outsiders brought in by Teamsters, dismissing the union's claims
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Eurozone crypto ownership doubles in two years, mostly as investment: ECB survey
Nine percent of those quizzed said they owned crypto assets such as bitcoin or ether, up from four percent in 2022
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'Oil price cut must benefit consumers'
Centre asks provinces to take steps for passing on full impact of lower rates
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PSX sees another record single-day drop, loses around 4,800 points
KSE-100 index drops by 4.32% or 4795.32 points closing at 106,274.97 points.
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Pakistan sees decline in gold prices
The price of silver per tola increased by Rs50, reaching Rs3,350.
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Currency exchange rate: Saudi Riyal to PKR for December 19, 2024
Saudi Riyal exchange rate today stands at Rs73.94 for buying.
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ECC green-lights new EPZ in Balochistan
Approves key economic measures worth Rs48b including Rs14b for tubewell solarisation, Rs523.1m for SIFC
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Digital bill deferred despite initial consensus
Several committee members express strong reservations about rapid pace of bill's advancement, call for transparency
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G20 watchdog calls for addressing risks
Says growth in non-bank sector can pose substantial risks to financial stability
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Honda, Nissan explore possible merger
Challenges from Tesla, Chinese rivals and deepening financial trouble add urgency for closer cooperation
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OPEC+ wary of US oil output rise under Trump
Increase in production could undermine oil group's efforts to prop up prices
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Gold rises Rs1,000 on global fluctuations
Currency closes at Rs278.23/$, gains Re0.04 in interbank as PSX witnesses sharp decline
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PSX dives due to profit-taking
Index plummets 3,790 points amid slump in global equities, foreign outflows
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PFC to participate in Dhaka fair
PFC to debut at Dhaka International Trade Fair, showcasing Pakistan’s premium furniture to global markets.
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UK envoy introduces export programme
Mahesh Mishra discusses UK’s new programme to boost Pakistani exports and strengthen trade relations.
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US Federal Reserve cuts interest rates, signals slower pace of future reductions
US central bankers now project they will make just two quarter-percentage-point rate reductions by the end of 2025
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Honda and Nissan in talks over possible merger, sources say
A combined Honda and Nissan would create a $54 billion company with annual output of 7.4 million vehicles
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Gold prices see hike in Pakistan
The international bullion market witnessed a $10 increase in gold prices, pushing the per ounce rate to $2,647
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Driving change: How inclusive business models can shape Pakistan’s future
To flourish, corporate Pakistan needs to invest in people, embrace diversity, and adopt sustainable practices
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PSX sees biggest single-day decline, plummets over 3,700 points
The index eventually closed at 111,070.29, reflecting a historic single-day drop of 3,790.39 points.
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Power consumers to get relief of Rs0.63/unit
Fuel adjustment for November 2024 promises cost savings on diverse energy mix
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Decade-high C/A surplus posted
Surge in remittances, decline in imports drive surplus to $729m in November
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Bitcoin rallies past $107,000
Number 2 digital currency ether was up 1.85% at $3,975.70.
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Plan to end agri-sector intervention sought
Food ministry is required to come up with plan to shift to market-determined prices of commodities.
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World Bank, Pakistan discuss climate resilience
Agree to collaborate on investing in agriculture, water, energy, floodwater management, and disaster risk reduction
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PSX closes lower amid volatility
KSE-100 index drops 1,309 points, settles at 114,861
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Display centres to be set up to boost trade
Trade with Kazakhstan set to double in three years through joint initiatives
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E-commerce sector can surge above $6b
Pakistan's demographic dividend is major advantage
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Langrial for improving tax receipts
Reveals Rs3.1tr shortfall in sales tax, Rs2tr in income tax; says ratio must be 14%
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Gold falls Rs2,100 ahead of Fed rate decision
Rupee loses 10 paisa to 278.27 vs dollar, which remains strong internationally
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Cabinet committee discusses roadmap to boost Gwadar port utilisation
Commerce Minister Jam Kamal chaired a meeting to explore routing 60% of public sector imports via Gwadar Port
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US Fed Reserve kicks off meeting with expectations of final rate cut of 2024
Its rate decision will be published once the meeting concludes on Wednesday
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Gold price falls below Rs275,000 per tola
On Tuesday, 24K gold fell by Rs2,100 per tola, reaching Rs274,900
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PSX turns bearish after Index briefly crosses 117k mark
KSE-100 index drops 1.13% today with the decline, reflecting market volatility.
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Currency exchange rate: Saudi Riyal to PKR for December 17, 2024
The Saudi Riyal today is buying at Rs73.95.
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US eyes boosting investment in Pakistan
Envoy highlights employment of Pakistanis at US firms, women's inclusion initiatives
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Uplift spending down to Rs115 billion
Despite resource shortages and IMF conditions, govt prioritises provincial projects
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Trump team to roll back Biden EV policies
Proposes cuts to electric vehicle support, strengthen China-related auto restrictions
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Pakistan, Russia to cooperate across key sectors
Protocol signed to enhance EV assembly, eCommerce, pharmaceuticals, agricultural machinery, etc
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'Produce local medical devices'
Experts urge govt to address regulatory delays, support local manufacturers
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OGDCL revives heavy oil well in Chakwal
Enhances production at Rajian oil field to 2500bpd via optimisation techniques
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Industrialists warn of persistent smuggling in Pakistan
Urge govt to implement policy reforms alongside its enforcement in critical sectors of tobacco, sugar
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Gold prices, rupee value drop slightly
Bullion's price falls by Rs800/tola on global trends; currency slips by 0.02%
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Business leaders criticise 'insufficient' rate cut
Industrialists urge SBP to slash rates by 5% or convene MPC every 15 days to bring rates to single digit
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PSX soars on rate cut optimism
KSE-100 index jumps 1,867 points to 116,169.41 as investor confidence strengthens
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Walton family tops Bloomberg's wealthiest families list with $432.4b
House of Nahyan, UAE rulers, took second place with $323.9b, while Al Thani family of Qatar secured third with $172.9b
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PSX hits historic high as KSE-100 briefly crosses 116k points
Stock market rises 1.25% , with the current index at 115,987 during intra-day trading.
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Winners of Rs200 prize bond draw for December 2024 announced
The much-awaited Rs200 Prize Bond draw took place today at the National Savings Centre in Sialkot
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PIA cuts fares for international flights
PIA cut fares following the approval of a waiver on FED
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USD exchange rate: Rupee edges lower against dollar, stable against others
The rates show slight fluctuations, with the Pakistani rupee experiencing minor changes against key currencies








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