Business

Decrease comes on back of external debt, other payments

Benchmark KSE-100 index drops 283.89 points to settle at 45,249.41

Senate panel irked over biting load-sheddings

United States crude stocks edge higher

Wall Street rises after rout drove Nasdaq to lowest close since Dec 2020

SBP has injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year

Indonesia stopped palm oil shipments abroad to stabilise prices in domestic market

Opts for asset fractionalisation to make high-value assets accessible to investors

Pakistan ready to join IT revolution by integrating and absorbing innovations in US technologies

Rupee depreciation, surge in crude oil, gas prices aided the rise in earnings of firm

Official suggests LPG prices can be brought down by Rs100 per kg

Expert laments agri sector was ignored under initial CPEC agreement

Govt raises Rs614b through auctioning treasury bills to commercial banks

Benchmark KSE-100 index drops 284.38 points to settle at 45,533.30

Cabinet to take up summary for removing Ashfaq Ahmad, appointing new FBR chairman

It comes due to rebound in Chinese domestic demand despite lockdowns

High import cost, rupee fall reverse earnings of automobile company

Last year’s surge in new coal plants of about 25.2 GW in China

Supply tightness related to phasing out of Russian oil adds to bullish sentiment

Russian oil now accounts for only 12% of Germany’s supply

Experts claim rise comes in anticipation of a further spike in inflation reading

Most European gas buyers initially rejected rouble payment scheme

Rupee closed at an all-time low at Rs188.18

Pakistan had great potential in the field of IT and the Ministry of IT would ensure cooperation

Project will consist of storage tanks, distribution centre and regas trains in long run

Beijing seeks upward revision in cost of railway scheme

Alphaliner, is likely to be seen as a negative sign for the global economy

Benchmark KSE-100 index drops 255.57 points to settle at 45,817.68

Financial institution suspends international transactions services

Shanghai shows no signs of letting up its zero-Covid policy

Pakistan and Bangladesh import nearly 80% of their palm oil from Indonesia

Imports make up around 85% of India’s overall coking coal needs

Announcement of $3 billion cash deposit by Saudi Arabia in the State Bank helped the rupee

Demand flexibility and security bolstered by pandemic, tight labour market

Grower says Chinese varieties increasing their incomes

Previous govt failed to create 404 HR positions due to internal rifts

ICCI says Pakistan needs industrialisation to create jobs, encourage investment

Domestic production estimated at 3.2m tons from Apr-Sept 2022

Benchmark KSE-100 index adds 520.23 points to settle at 46,073.25

Currency volatility, rising deficit, fiscal woes exacerbate economic challenges

Let’s not be too late in 5G rollout as ministry works out comprehensive strategy

Though customers trust banks more than fintech challengers, this won’t last forever

Don’t put all eggs in one basket and go for investment diversification

Country relies on foreign capital goods, raw material to keep wheels of economy moving

Financial institution suspends international transaction services

US treasury secretary highlights it can help lower soaring inflation

Cites improvement in economy as country deals with fallout of war

Megacap companies highlight big earnings in ongoing season

SBP has injected $1.2 billion into inter-bank market to defend rupee in ongoing fiscal year

Source confirmed the delay that Boeing expects to delay certification target until late 2024