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China grain deal with Brazil tests US ties
China approves Brazil's sorghum exports, potentially shifting US market share amid trade tensions.
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Bitcoin eyes $100,000 as investors bank on crypto-friendly Trump era to spark boom
Bitcoin prices topped $98,000 for the first time during European trading, and were last up around 4% on Thursday
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Gold continues upward trend in global, local markets
The price of silver also saw an increase, with a Rs200 rise per tola, bringing its new rate to Rs3,450.
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PSX sets new record as KSE-100 index crosses 97,000 points
The KSE-100 index gained 1483.74 points in the intra-day trading.
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Full reserve banking system sought
It will help curtail debt, inflation, unemployment and interest cost
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Plan unveiled to adopt 30% EVs by 2030
Rana Tanveer says new policy aims to control pollution, cut oil imports
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PSX remains volatile amid political noise
KSE-100 index loses early gains, ends lower by 310 points at 95,546
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Bitcoin bursts past $94,000 for first time
Market anticipates crypto-friendly regime under Trump's administration
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Ahsan suggests linking GSP with 5Es for export growth
Minister orders site identification, concept paper for Model SEZs
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Auto sector raises alarm over NEV policy
PAMA warns against low-duty CBU imports, demands protection for growth
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Pakistan, Turkiye to develop future trade plan
Pakistan and Turkiye discuss boosting trade and collaboration in steel, manufacturing, and technology at IDEAS 2024.
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Financing to private sector jumps to 44% of deposits
Financial institutions try to meet 50% advance-to-deposit ratio by Dec-end
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Oil dips as investors weigh Ukraine war
Oil prices drop as investors weigh Russia-Ukraine conflict and rising US crude and gasoline stocks.
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Govt nixes circular debt return plan
Power Division suggests settling Rs1.8tr liabilities via PIBs or Islamic bonds
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NEPRA alarmed by 11% drop in electricity sales
NEPRA warns of a growing crisis as declining power sales risk undermining the financial stability of the energy sector
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Profit-taking ends PSX rally, KSE-100 sheds over 300 points
The KSE-100 index surged over 800 points in intra-day trading.
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Azerbaijan plans $3b investment
Central Asian state agrees to ink MoUs for capital injection in Pakistan
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Gold prices continue to rise globally, locally
Increase follows similar pattern observed over the last two days, where both global and local gold prices rose sharply
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Tajikistan for restoring Karachi's past glory
Envoy stresses importance of attracting tourists, boosting exports
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Govt moves SC over banks' 15% tax dispute
FBR estimates tax at Rs100b while tax advisory firm puts figure at Rs197b
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SBP chief seeks support for businesswomen
Reaffirms commitment to enhancing participation in economy
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IMF warns of risk to Asia's growth
The IMF's latest World Economic Outlook forecasts global economic growth at 3.2% for both 2024 and 2025.
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VPN ban, slow internet a grave threat
Industry leaders call for creating balance between national security and growth
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CAP urges govt to lift curbs as smog subsides
Calls for extended operating hours, says weekly losses amount to Rs2.7b
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Govt renews commitment to empowering women
Only 10% of women entrepreneurs had access to formal markets and just 2% utilised online marketplaces.
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Gold rebounds on geopolitical tensions
Rupee weakens despite current account surplus
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Qatar eyes cooperation in IT, cybersecurity
Shazaf Fatima pointed out the strong ties between the two nations and highlighted the potential for mutual growth.
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In exceptional bull-run, PSX hits new record
Index gains 861 points, driven by economic data, tech and pharma stocks
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Pakistan signs $500m loan with ADB for climate resilience
Program to focus on improving disaster risk management, enhance institutional frameworks for climate adaptation
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USD Exchange Rate: Rupee drops further against US Dollar
US Dollar at Rs 276.40 for buying and Rs 278.90 for selling.
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Gold prices rise locally, globally for second consecutive day
Despite the sharp rise in gold prices, the price of silver remained unchanged.
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New record high at PSX with 800-point rally
The benchmark KSE-100 index rose by 844.22 points in intra-day trading.
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Current account surplus hits $349m
Gets critical support from 24% spike in remittances, 11% rise in exports
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RDA receives $204m in Oct
Investment is significantly higher compared to last six-month average of $187m
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Transfer DISCOs in name of president: World Bank
Bank recommends nine prior actions before privatisation of power distribution firms
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Thousands of containers stuck at port due to rule changes
Pakistan Customs' sudden green channel changes cause delays, impacting imports and increasing costs for businesses.
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Finance ministry blamed for failed PIA bid
Privatisation minister highlights lack of cooperation in selling airline
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Textile exports record 5.9% growth in Oct
Shipments reach $1.56b, but exporters sceptical amid challenges
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PSX hits peak on better economic indicators
Index settles at 94,996 as C/A surplus boosts investor confidence
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Maritime policy with incentives on cards
Country's strategic location, improved ports likely to woo global investors
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Dar-led body okays 35% gas for third parties
Decision to attract $5b investment, play role in controlling debt
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ICT services export soars 35%
ICT remittances in Pakistan surged 34.9%, reaching $1.206B in Jul-Oct FY24-25, led by export growth.
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Gold prices climb in global, local markets
The price of silver per tola stayed steady at Rs3,250.
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Smog's economic toll: why action remains elusive?
Govt fails to incentivise transition from high-emission vehicles to cleaner, more sustainable Evs
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Luxury consumption and agricultural constraints
Mass-producing industrial sector gets squeezed in presence of bottlenecks in agriculture
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Climate story: success abroad, struggle at home
It is time to prioritise climate adaptation, reconsider policies for real impact
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G20: away from its key role
Grouping is influenced by geopolitics, rather than tackling economic challenges
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Attracting good-quality FDI only
Pakistan's future hinges on investment in sectors where it has natural edge
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Bloomberg forecasts robust 27% growth for PSX by end of 2025
Bloomberg highlights that Pakistan Stock Exchange-100 Index ranked as the second-best performer globally this year
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Govt seeks hefty cut in DAP prices
Minister urges fertiliser firms to slash prices by Rs3,000 to reduce input cost of crops