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Oil falls on fresh lockdowns, US poll uncertainty
Countries across Europe reimpose restrictions to try to slow Covid-19 infection rates
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Govt has no plan to expand SCO operations
Minister says focus is on improving IT services in underserved areas
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Kiev ready to transfer technology
Envoy calls for using military cooperation for enhancing bilateral trade
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Market watch: KSE-100 nosedives as lockdown fear spreads
Benchmark index falls 775.82 points to settle at 39,112.18
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Oil falls on widening lockdowns, US poll uncertainty
Countries across Europe reimpose restrictions to try to slow Covid-19 infection rates
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Pandemic-related trade challenges
Country should sustain rise in remittances, push for economic growth revival
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Lack of unity hurts growth
Rift between Centre, Sindh restricts Karachi’s development and progress
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SEZs development: challenges abound
Developers decry duplication of role of state agencies, lengthy approval processes
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Policy initiatives for loss-making PSEs
Govt works on plan to run these units in partnership with private sector
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Economic potential and priorities
There is missing link between incentives and efficiency, output, job creation
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Ant Group’s IPO sees record $3tr
Investors, both retail and institutional, are rushing to buy into Ant
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Kyrgyz envoy urges exploring JVs
Says Pakistan can enhance exports to EU and Central Asia through Kyrgyzstan
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Businessmen call for cut in POL levies
Say slashing taxes will support industry and trade activities
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Pilots distressed over up to 44% salary cut
Urge government to resolve issue as it poses risk to flight safety
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Vessels carrying wheat, sugar arrive
Imports of commodities will help overcome shortfall, control prices
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Pakistan to seek China loan rollover
Trade facility of $3b was used to repay maturing debt, bolster forex reserves
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Virus, consolidation take toll on energy jobs
Oil and gas firms worldwide axe workers to survive prolonged stretch of weak demand
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China’s factory activity slows slightly in Oct
Figures suggest continuing economic recovery as country rebounds from Covid shock
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Inspire Brands to buy Dunkin’ Brands
Transaction likely to be finalised by end of year
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US stocks finish worst week and month since March
Markets brace for US elections amid worries over rising coronavirus cases
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Rising Covid cases push stocks in red
Benchmark index sheds 1,378 points as turmoil in global markets wreaks havoc
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PM urged to define mandates of SAPM, FBR chief
Haroon Akhtar says SAPM on revenue should be asked to submit plan for FBR reforms
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Govt reduces prices of petrol, diesel by up to Rs1.57
LPG rate increased by Rs10 per kilo; kerosene, LDO rates remain unchanged
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Dollar gains on US election caution, surging Covid-19 cases
Greenback posted its largest weekly percentage gain since late September amid fears of a contested election
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PHMA stresses boosting exports
Sheikh said the economic scenario has totally changed due to the coronavirus pandemic
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Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs160.25 in the inter-bank market
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SBP reserves rise $55m to $12.12b
Total liquid foreign currency reserves stand at $19.29b
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Cabinet initiates inquiry against food ministry
Seeks reasons for not procuring wheat when prices were at the lowest
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Demand for high-end vehicles soars after easing of curbs
Travellers buying SUVs to explore country owing to global travel restrictions
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CCOE to swiftly set up competitive power market
Directs Power Division to present analysis of market model and reforms plan
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Govt approves subsidy for farmers
Approval comes in wake of ruckus in cabinet over surging inflation
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OGDC’s earnings dip 14% in Jul-Sept quarter
Profit goes down on back of hefty decline in international oil prices
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Banks to give Rs330b in housing finance
SBP intends to improve housing, construction financing to 1% of GDP from current 0.2%
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ExxonMobil scraps LNG terminal plan
US giant had partnered with Energas for setting up terminal in Pakistan
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Nepra to rule on tariff hike next week
Regulator reserves ruling over CPPA’s petition for Rs1.37 per unit increase under fuel price adjustment for September
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Oil extends losses with 5% slump on renewed lockdowns
OPEC and allies will be monitoring deteriorating demand outlook closely
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Foreign exchange: SBP reserves rise $55m to $12.12b
Total liquid foreign currency reserves stand at $19.29b
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Market watch: New Covid-19 measures trigger near 1,300-point drop
Benchmark index falls 1,298.86 points to settle at 39,888
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ADB lauds Pakistan’s smart lockdown
Shaikh appreciated the strong support extended by ADB for fight against Covid-19
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Inter-bank market Rupee strengthens against dollar
The rupee strengthened against the dollar at Rs160.62 in the inter-bank market
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Private sector to import 150 mmcfd of LNG
Will utilise excess capacity of terminal, help overcome gas shortage
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Indus Motor profit jumps 40% to Rs1.8b
Increase in car sales plays vital role in uplifting earnings
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Experts outline challenges to digitisation
Fear growth in remote banking may stall if stakeholders’ concerns remain unaddressed
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Indecisiveness mars ECC meeting
Committee fails to evolve consensus on tax incentives for telecom sector
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Central banks flex green muscle for climate fight
Climate-driven events increasingly affect inflation, economic growth and financial stability
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Battered by pandemic: Boeing to cut 30,000 jobs in two years
Announcement comes amid drop in commercial travel and hit from 737 MAX
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Migrant workers face layoffs
Expert estimates 2.5% of Pakistan’s total labour force to get affected due to Covid-19
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Gas output to fall less than half of domestic demand
Omar Ayub says Sindh’s production had already dropped by 7%; urges early decision on weighted average cost
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Market watch: Bears hold sway on stock market
Benchmark KSE-100 index drops 194.97 points to settle at 41,186.86
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Oil in reverse as crude stock build fans oversupply fears
Rising coronavirus infections in US, Europe stoke weaker fuel demand worries













































