KSE-100 fails to sustain gain, ends post-Eid session flat
Karachi: Pakistan Stock Exchange (PSX) ended another volatile session on positive note after 5-day Eid break. Benchmark KSE-100 Index inched up 0.22 percent, while volume and value of shares traded improved from last close. Indices extended gains fro...
Chinese Charge d’Affaires, Ishaq Dar discuss economic ties
ISLAMABAD: Chinese Charge d’Affaires Pang Chunxue called on Finance Minister Ishaq Dar here and discussed bilateral relations between all-weather and time-tested friends, China and Pakistan. Highlighting deep-rooted historical bilateral relatio...
Pakistan’s inflation hits all-time high of 47.23pc YoY
ISLAMABAD: Weekly inflation, measured by Sensitive Price Indicator (SPI) witnessed an increase of 0.51 percent to jump to an all-time high of 47.23 percent year-on-year (YoY) for week ending on April 19. According to data released by Pakistan Bureau...
Pakistan meets all IMF conditions: claims Dar
ISLAMABAD: Minister for Finance Ishaq Dar claimed that Pakistan has met all conditions set by International Monetary Fund (IMF) for staff-level agreement and that lender’s mission for review will soon get staff-level agreement approved by fund&...
Oil slips on economic uncertainty, despite China hopes
LONDON: Oil slipped after two sessions of gains as uncertainty about global economic outlook and firmer dollar countered investor optimism about demand in China and expectations of drop in US crude inventories. Dollar rose as worries about corporate...
PFC team left to participate in 133th Canton Fair
ISLAMABAD: Pakistan Furniture Council’s delegation left to participate in world’s top 133th Canton Fair to showcase Pakistan’s products and explore new export markets besides attracting foreign investments. Chief Executive Officer P...
Emaan Islamic Banking, TPL Insurance to launch All-in-One Account
KARACHI: Emaan Islamic Banking division of Silk Bank Limited and TPL Insurance Limited Window Takaful Operation announced launch of their latest offering, Emaan All-in-One Account. Account is tailored to cater to needs of new-to-bank customers and ex...
Steps urged to reduce climatic effects on major crops
ISLAMABAD: Coordinator to Federal Tax Ombudsman and Chairman Kyrgyzstan Trade House Meher Kashif Younis said agriculture production was under threat due to climate change in food-insecure regions, especially in Asian countries. Talking to delegation...
French envoy says economic ties to be augmented as ICCI plans to organise PFBF
ISLAMABAD: Islamabad Chamber of Commerce and Industry (ICCI) President Ahsan Zafar Bakhtawari said the ICCI planned to organise Pakistan-France Business Forum (PFBF) to improve business relations between two countries. Leading an ICCI delegation in m...
Oil prices at three-week low as strong dollar, rate hikes weigh
TOKYO: Oil prices fell to their lowest in about three weeks, depressed by firmer dollar and rate hike expectations which outweighed lower US crude stocks. Brent crude futures were down $ 1.12, or 1.4 percent, to trade at $ 82.00 barrel. West Texas In...
