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Meta fined for privacy law breaches
EU member Ireland has played a role in policing the bloc’s strict General Data Protection Regulations
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Oil plunges over 7% on easing supply concerns
Both benchmarks fall below $100 per barrel
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Intel investment fuels EU chips race with Asia
Chip production being prioritised in Europe owing to pandemic-driven disruption
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BRI cooperation transforms economic landscape
Envoy says mega project benefited Pakistanis through job creation, improved livelihoods
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Minister stresses farm mechanisation
Highlights importance of regenerative agriculture to boost per acre yield
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Oil price rout brings sigh of relief
WTI crude drops to $95-96 on hopes of early resolution of Russia-Ukraine conflict
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ECC okays Rs11.7b grant for OMCs
Funds will be utilised for payment of price differential claims to oil firms
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Market watch: Stocks turn bullish due to drop in oil prices
Benchmark KSE-100 index gains 352.93 points to settle at 43,719.82
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Riyadh, Beijing mull using yuan instead of dollar for oil trade
Talks between the countries over yuan-priced oil contracts have accelerated this year, reports WSJ
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Oil falls below $100 as Russia seeks resumption of Iran nuclear deal
Brent has lost almost $40 since it hit 14-year high value on March 7
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Oil falls 8% on negotiation hopes
Both have surged since Russia’s February 24 invasion of Ukraine
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Oil price cut to eat up Rs28 billion
Govt will bear this burden for keeping petroleum prices unchanged for a fortnight
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Russia may suspend grain exports until June 30
Moscow is world’s largest wheat exporter with Egypt, Turkey among main buyers
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Sindh to enhance number of SEZs
Minister invites businessmen to set up units in industrial estates
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Saeed lauds overseas Pakistanis
“Overseas Pakistan are the ambassadors of the country and pride of Pakistan,” he said
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Sweden plans $1.5b subsidies against soaring prices
Relief includes temporary reduction of petrol and diesel taxes
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Punjab spends Rs300 billion on projects
Official hopes development fund utilisation will cross Rs550b this fiscal year
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CCP slaps Rs1.1b fine on home appliances firms
Companies resorted to price fixing by entering into arrangements with dealers
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Govt approves Rs8b broadband projects
Over 2.5m people in four provinces, particularly Balochistan, will get such services
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Rupee close to falling below 179 a dollar
Market reacts to fuel price subsidy, amnesty for industrialists
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CCP slaps Rs1.1 billion penalty on two home appliances firms
Companies had entered into resale price maintenance arrangements with dealers
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Market watch: KSE-100 dips amid thin volumes
Benchmark index sheds 286.44 points to settle at 43,366.89
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Oil falls $7 on Russia-Ukraine talk hopes, China lockdowns
Both benchmarks are up roughly 40% in 2022 to date
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Post-monetary policy blues
If markets don’t follow SBP’s signals, then impact of monetary policy will be diluted
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The true purpose of finance: a sustainable society
Lion’s share of $300tr global capital stock should go towards serving society, environment
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Sahulat Account: a simplified way to invest in PSX
It is aimed at facilitating new customers who fall in low-risk category
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Cheaper petrol for the poor
Affordable low octane fuel can be introduced for poor motorcycle and old car users
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Good move for the economy
Incentives should be restricted to exporting industries to curtail trade deficit
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Moscow seeks Indian investment in oil, gas sectors
Economy faces its deepest crisis since 1991 collapse of the Soviet Union
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Sri Lanka tightens trade rules to boost forex reserves
Country approaching IMF for bailout
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Stocks dive on political turmoil
No-confidence motion, jump in global energy prices drive bearish trading
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Global investors jump into commodity market
Volatility has been the norm in commodities over last few weeks
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War threatens neon output for chips
Between 45-54% of world’s semiconductor-grade neon comes from two Kiev companies
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Yunnan enhances cooperation with Pakistan on pest control
Both sides share similar climate, wheat variety characteristics
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Auto sector grows despite inflation
Foreign car companies are entering Pakistan to capitalise on opportunities
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Smartphone giant’s entry brings opportunities
For Pakistan, cheap and affordable smartphones are key to becoming a digital country similar to China
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Gas security growing worry
Houston have stressed increased need for secure energy supply
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Delay in signing of deals irks cabinet body
CCOE directs Power Division to submit pending agreements in next meeting for approval
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Russia seeks Indian investment in its oil and gas sector
Country faces its deepest crisis since the 1991 collapse of the Soviet Union as the West imposes severe sanctions
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Global financial conditions at tightest since May 2009
Goldman Sachs terms it unwelcome development for world economy
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Warehouse financing to help meet credit needs
Baqir says scheme will enhance profit of growers, cut post-harvest losses
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Sri Lanka to start talks with IMF on debt restructuring
Country facing worst financial crisis in years
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Rupee strengthens against dollar
SBP has injected $1.2 billion into the inter-bank market
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SPI increases 0.52%
Prices of nine items fell and rates of remaining 22 goods recorded no change
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Govt looks to lift soybean output
Decides to offer incentives to growers in upcoming budget to avert costly imports
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85 Sindh villages to get gas supply
Govt approves Rs747m grant in bid to avoid contempt of court
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SAAF scheme to enhance access to finance for SMEs
LCCI chief laments high interest rate in Pakistan
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Lawlessness in Karachi perturbs business community
They lament increase in land grabbing that adversely impacts exports of port city
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Oil rises as traders assess supply issues
Biden says G7 will revoke Russia’s most favoured nation trade status
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World Bank okays $435m loans for Punjab
Funds will go to housing finance, land rights and affordable home projects