Business

Investors bet they will shine as Fed fights to cool down US economy

Political turbulence, rupee depreciation steer decline

Amount will support banks to address liquidity crunch in financial market

Plan labeled protective shield for firms hit by Russia-Ukraine war

The SPI for the lowest income group increased 1.85% compared to the previous week

Canada’s jobless rate at record low

Govt-owned zone will help reduce construction time, address financing issues

Crude benchmarks have been most volatile since June 2020

Issuance across the broader market fell 5% to $2.49 trillion over the same period

CPEC has played important role in development of industrial sector

Geopolitical turmoil causes disruption in stable grains, edible oil markets

Weakening of local currency forces firms to hike rates

Clarity on political front, policy rate hike aid currency’s recovery

Benchmark KSE-100 index gains 657.75 points to settle at 44,444.58

Hike in policy rate highlights how behind the curve SBP was in terms of monetary policy

CEO wants to move quickly on creation of two entities

Claims hit a record high of 6.137 million in early April 2020

Move part of €8.7 billion plan to support auto industry

Experts say it can play vital role in achieving goal of digital transformation

Western companies from McDonald’s and Starbucks to Deutsche Bank and Shell have stepped back from Russia

Core inflation increased 6.78% in the year through March

Investors digest hawkish signals from Federal Reserve

Pakistan uses intercropping planters for first time to relieve sowing burden

Besides expensive inputs, surge in freight rates, rupee fall deal blow to industry

Says tariff increase needed to meet revenue requirement for FY23

Decrease reflects debt repayment, settlement of arbitration award related to mining project

DG Petroleum Concession demands undertaking ahead of transfer of Eni assets

Benchmark KSE-100 index drops 324.27 points to settle at 43,786.83

Decrease reflects debt repayment, settlement of arbitration award related to mining project

Crosses Rs190 mark in open market

Asian Development Bank projects growth slowdown, double-digit inflation

Central bank moves after local currency hits historical low level of Rs189.51 against US dollar

The world’s biggest furniture retailer said on Wednesday it was buying the projects

Urges lawmakers to separate economy and politics

Industry sells 5.04m tons against 5.37m tons in March 2021

Official terms efficient communication structure vital for development

Foreign players express interest in entering Pakistan’s market

Amount received under price differential claims; another Rs11.7b will be released

Political turmoil fuelling persistent decline in currency’s value

Nearly one dozen firms are at different stages of listing process

Benchmark KSE-100 index adds 183.02 points to settle at 44,111.10

BOJ was carefully watching currency moves due to their huge impact on the economy and prices

No agreements have yet been announced for mineral extraction or refining

Envoy says Ashgabat can supply LPG to Islamabad to address energy woes

German Foreign Minister Annalena Baerbock said the ban on coal will be followed by oil and then gas

They stress need for use of technology during general meetings

Money will be used to clear claims of state-owned utilities

Says it is increasing cost of doing business for firms

Falls to Rs185.23 against dollar in inter-bank market

In next phase, K-P govt will present final feasibility with cost estimates