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Rupee drops as dollar demand rises
Ends two-day winning streak, loses 0.13% at Rs238.50
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ECC defers handing over airports to foreign country
Clears Rs6.2b payment as part of Reko Diq mines settlement deal
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Oil rises on Kurdistan output halt
After arbitration case confirmed Baghdad’s consent was needed to ship oil from Turkey
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Saudi Aramco invests in two Chinese refineries
The two companies will be supplied with 690,000 bpd of crude oil
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Focus on quality, not price: Finnish envoy
Says Pakistani companies need to improve branding, packaging, and marketing
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200,000 MTs of Russian wheat processed
Remaining wheat to be handled is around 250,000 MTs
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BOI assures businessmen of minimising regulations
Says laws will be relaxed, businesses will be consulted before bringing new rules
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MNCs’ profit repatriation plunges 80%
They send to headquarters abroad just $225m as dollars become scarce
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Russia frustrated with Pakistan
Delay in establishing new SPV company becomes roadblock to oil import
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Personal data – a big threat
As technology continues to advance, concerns around privacy and data security grow
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Stagflation: a complicated situation for policymakers
Unemployment increasing along with acceleration in goods prices
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Pakistan fails to earn dollars through carbon credits
Credits can be earned via reforestation, green covers, solar and wind power
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Petro problems pile up
Govt’s inaction stalls solutions as it fears loss of political capital
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IMF's massive $15.6b loan to Ukraine will be its first to a country at war
IMF approves massive loan to Ukraine as Pakistan struggles with tough conditionalities to secure staff-level agreement
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Russians embrace Chinese cars
Chinese brands such as Haval, Chery and Geely now account for 40% of new car sales
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Germany, EU reach deal on combustion engines
Greenpeace calls agreement a setback for climate protection
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Banking woes, Fed keep US investors on edge
Banking sector concerns drive sharp moves in financial stocks after collapse of US lenders
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Court stays proceedings against TRG board
An ex-employee of Afiniti, testified for an arbitration award against Chishti for sexual harassment and assault
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Balochistan sets wheat price at Rs4,000 per 40 kg
Fixes price at same level as in other provinces to encourage farmers
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Bears dominate, drag PSX below 40,000
KSE-100 index plunges 1,388 points, or 3.36%, at 39,942
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Exports fall as policymaking becomes rudderless
Businessmen say economic managers lack direction with no consultation with them
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Cash margin removal to lift industry
Businessmen welcome scrapping of 100% cash margin requirement
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SBP allows foreign investment in REIT schemes
Amends foreign exchange manual that also permits withdrawal of investment
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Govt allows full range of imports
SBP removes condition of 100% advance payment on import of hundreds of items
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Pakistan, China scientists to combat citrus diseases
Explore green solutions to enhance quality, quantity of citrus fruit
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Deutsche Bank shares plunge 14.9%
Germany’s largest bank sees $3b wiped off market value in just a week
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Steps being taken to enhance exports: Iqbal
Minister reiterates commitment to implementing CPEC project
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MoU inked to empower flaxseed research
Flax a promising crop that can produce edible oil to meet Pakistan’s needs
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Forex reserves increase to $4.59 billion
SBP attributes rise to $500m commercial loan disbursement
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OGRA accused of flouting price mechanism
OMCs seek recovery of exchange rate losses on petroleum imports
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CDWP okays six projects of Rs21b
Schemes are related to Ministry of Climate Change, aviation and provinces
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China rolls over $2b in SAFE deposits
It was one of IMF's requirements set for country for staff-level agreement
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Yearly inflation hits another peak at 46.65%
Record increase attributed to rising food prices
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New fuel pricing scheme needs to be agreed before IMF deal
Global money lender says Islamabad did not consult prior to finalising new fuel policy
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Oil steady on jobs data
Jobs report counters bearish signals from Fed chair
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China Evergrande’s EV unit may halt production
Aims to cut costs by reducing staff numbers and improving management efficiency
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Low horsepower tractors hurt agriculture
PBC report underlines need for using better machinery for sustainable growth
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Adani to expand aviation business
Plans to bid for more govt-run airports
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Toshiba accepts $15.2b buyout proposal
Deal will see scandal-ridden company taken in domestic hands
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Luban Workshop empowering Pakistani youth
Under this initiative, youth get technical knowhow, job opportunities
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Pakistan’s cotton yield 50% lower than region
Shrinking crop planting area sparks concern among policymakers
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Bitcoin mining booms in Texas
Bankruptcies, worries over power consumption fail to dent industry’s growth
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Banks jack up lending rate for govt to record high
Govt raised Rs1.14tr through sale of T-bills to meet its expenditures
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Panel finalised for SBP deputy chief
Govt notifies Saifullah Dogar as senior adviser to IMF executive director
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IMF shrugs off ECP’s funds blockage claim
Foreign lenders says govt has to reprioritise expenses to meet constitutional obligations
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UBS buys back bonds
Repurchase highlights efforts to shore up sentiment
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Chinese firms to promote renewable energy
Solar goods exhibitor says Pakistan should opt for industrial transfer from China
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Project team urged to start work on Mohmand Dam
WAPDA chief calls for completing diversion of Swat River this year
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Tech-based agri-revival must for economy
Experts stress biotechnology can address food challenges, ensure sustainable supply
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Rupee continues upward march
Rupee increased by 0.25%, or Rs0.70, to Rs283.20 against the US dollar