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Companies at PSX post record high profit
Earnings of firms included in KSE-100 rise 51.6% quarter-on-quarter
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China suspends Ant Group’s $37b IPO
Move to thwart world’s largest IPO leaves investors scrambling for answers
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Cotton shortfall points to chronic woes
Textile insiders say more investment in research can reverse decline in local production
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Pakistan urged to boost trade with Belgium
Official says Islamabad can use Brussels as depository to export to other European countries
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Oil prices extend rally on US election day
Concern over surging coronavirus cases around the world caps further gains
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ADB, Pakistan sign $2m grant agreement to combat Covid-19
Grant will help provide life-saving medical supplies, diagnostic and laboratory facilities among other equipment
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Market watch: Stocks surge in remarkable comeback
Benchmark KSE-100 index rises 1,368.7 points to settle at 40,480.88
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Banks cut Europe’s growth outlook
Prime Minister Boris Johnson ordered England back into a national lockdown
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Banking complaints rise amid Covid
The Banking Mohtasib protects interest of depositors and ensures that banks comply with the prescribed rules
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Rupee strengthens against dollar
SBP let the rupee depreciate massively in the inter-bank market after finalisation of an agreement with IMF
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Punjab’s October revenue collection grows 24%
PRA’s receipts rise despite negative impact of Covid-19 on economy
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ECC indecisive on tariff for industries
Decides to move case before cabinet for final decision
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Cabinet voices concern over lack of reliable data
Blames slow and risk-averse decision-making for wheat stock depletion
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Tyre sales soar as govt curbs illicit trade
Company in talks with govt for duty hike on tyre imports to gain level playing field
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Inflation rises 8.91% in October
Reading at higher level on back of supply-side shocks in food items
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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
















































